TRX Jumps 4% as Whale Activity and Justin Sun Tease Spark $155B Trading Surge
TRON (TRX) experienced a 4.05% price increase over the past 24 hours, rising from a 24-hour open of $0.2618 to a current price of $0.2724 on Binance. This price movement is primarily attributed to heightened whale activity, significant liquidations across the broader crypto market, and renewed investor attention following Justin Sun's social media hints about a major upcoming announcement. The surge in large transactions and speculation around TRON's planned reverse merger and public listing have also contributed to increased volatility and trading interest.
Currently, TRON trades at $0.2724 with a 24-hour trading volume of $155.28 billion, a market capitalization exceeding $10.97 billion, and a circulating supply of over 94.8 billion TRX. The asset shows strong network activity and stable price action, consolidating near key support levels while technical indicators remain neutral.