TRX Surges 3.74% as $1B USDT Mint, 2X ETF Filing, and Major Integrations Drive Volume

TRXUSDT has seen a 3.74% price increase over the last 24 hours, currently trading at 0.3024 USDT on Binance. The surge in price and trading volume—up over 227% to more than $2.46 billion—can be attributed to several key developments: Tether’s minting of 1 billion USDT on the Tron blockchain, which has increased liquidity and utility for TRX; the filing of a leveraged ETF targeting 2X daily exposure to TRON, signaling growing institutional interest; and TRON’s integration with Substreams, enhancing real-time data access for developers. Additional attention has been drawn by founder Justin Sun’s announcement to purchase $100 million in TRUMP meme coins migrating to Tron, further boosting sentiment and activity. TRON’s market capitalization stands at approximately $28.5 billion, ranking it among the top 10 cryptocurrencies, with the current price range supported by strong trading volume and heightened investor interest.