TRX Surges 3% as $1 Billion Buyback and Binance Fee Cuts Drive Record Trading Volume

TRXUSDT has risen 3.04% in the last 24 hours, with the current price at 0.3660 USDT and a 24-hour open of 0.3552 USDT. The price increase is primarily attributed to strong financial performance from Tron Inc., including a reported net income of $1.47 million and a substantial $1 billion buyback program, which has boosted investor confidence and triggered higher trading activity. Additional support comes from Binance’s zero trading fee initiative for TRX/USDC pairs and incentive programs for new Meme projects on the TRON network, further enhancing liquidity and market interest. Trading volume remains robust, with approximately $1.56 billion reported in the last 24 hours, and TRON’s market capitalization is estimated at around $34 billion, reflecting sustained bullish sentiment and healthy liquidity.