TRX Surges 3.19% Amid $4M Binance Competition, Nasdaq Ticker Change, and $80B USDT Milestone
TRXUSDT has experienced a 3.19% price increase over the past 24 hours, rising from 0.3168 to 0.3269 USDT. This upward movement is primarily attributed to heightened trading activity surrounding Binance’s TRON trading competition, which features a $4 million prize pool and gas fee discounts, as well as a notable surge in TRON-based USDT transfers to centralized exchanges. Additional support comes from positive technical momentum, with TRX maintaining levels above key moving averages and ongoing bullish sentiment following recent corporate developments, including Tron Inc.'s ticker change on Nasdaq and the TRON network’s USDT supply surpassing $80 billion.
Currently, TRXUSDT is trading at 0.3269 with a strong 24-hour trading volume and a market capitalization of approximately $31.40 billion, reflecting robust investor interest and positioning TRON among the top 10 cryptocurrencies by market cap.