TRX Surges 4% as USDT Supply Hits $81.77B on TRON, Trading Volume and Investor Interest Soar

TRXUSDT has experienced a 4.03% price increase over the past 24 hours, rising from 0.3104 to 0.3229 USDT. This upward movement is primarily attributed to the record supply of USDT on the TRON network, which reached $81.77 billion, driving higher transaction volumes and renewed investor interest. Additional contributing factors include the launch of the TRON network section and trading competitions on Binance Alpha, as well as the rebranding of SRM Entertainment to Tron Inc., now the largest publicly traded corporate holder of TRX. Technical analysis indicates sustained bullish momentum, supported by strong trading activity and positive sentiment around TRON’s role as a leading platform for USDT transactions.

Currently, TRX is trading at 0.3229 USDT with a 24-hour trading volume ranging from $1.45 billion to $3.98 billion and a market capitalization estimated between $28.50 billion and $30.56 billion, reflecting robust market participation and continued interest in the asset.