TRX Surges 2.74% Amid Whale Accumulation, Cross-Chain Integration, and $1.39B Trading Volume

TRXUSDT experienced a 2.74% price increase in the last 24 hours, rising from 0.3428 to 0.3522, with trading volume exceeding $1.39 billion. The price movement is attributed to conflicting market signals, including strong bearish pressure from large holder sales and technical indicators such as a bearish engulfing pattern and MACD crossover, alongside increased TRX holdings on exchanges. However, significant whale accumulation and positive ecosystem developments, such as the integration of deBridge for cross-chain transfers and a major Bittorrent token burn, have contributed to renewed buying interest and short-term price recovery. The market remains volatile, with traders closely monitoring support and resistance levels amid ongoing high transaction activity on the TRON network.