TRX Surges 3.46% as Binance Alpha Integration and Strong Network Metrics Drive Trading Boom

TRXUSDT has experienced a 3.46% price increase over the past 24 hours, rising from 0.3009 to 0.3113 on Binance, with trading volume surging significantly. The price change is attributed to heightened market activity following the integration of the TRON network on Binance Alpha, which enabled direct trading of TRON ecosystem tokens and introduced new trading competitions and airdrop opportunities. Additionally, strong network fundamentals—such as over 2.7 million daily active addresses, more than 320 million activated accounts, and a total value locked above $24.6 billion—have contributed to positive sentiment. Technical factors, including a recent V-shape recovery and consolidation above key support at $0.3000, have also supported the upward movement, with traders closely monitoring resistance levels for potential further gains.

Currently, TRXUSDT is trading at 0.3113 with a 24-hour trading volume between $1.05 billion and $2.55 billion, a market capitalization of approximately $29.43 billion, and a circulating supply of about 94.75 billion TRX. The asset remains in a consolidation phase just below resistance, with increased trading activity and strong network metrics supporting its position among the top 10 cryptocurrencies by market capitalization.