TRX Surges 2.12% as Whale Activity and TRON’s Stablecoin Dominance Fuel Bullish Momentum

TRXUSDT has risen by 2.12% in the last 24 hours, with the current price at 0.3470 USDT and a 24-hour open of 0.3398 USDT, driven by strong network fundamentals and increased activity on the TRON blockchain. Key factors contributing to the price increase include APENFT’s integration with Binance Wallet, which has enhanced user engagement in the TRON ecosystem, and TRON’s dominant position in the stablecoin market, holding over 51% of the total USDT supply. Whale transactions totaling $1.58 billion and a 64% surge in daily active addresses to 4.6 million have further supported bullish sentiment. Robust trading volume, reported between $950 million and $998 million, and TRON’s market capitalization of approximately $32.72 billion reflect heightened investor interest and positive momentum, with technical indicators suggesting a short-term uptrend amid strong fundamentals.