TRX Surges 2.24% as TRON Unveils $1B Buyback and Overtakes Ethereum in USDT Volume

TRXUSDT has experienced a 2.24% price increase over the past 24 hours, with the current price at $0.3332 on Binance. This upward movement is primarily attributed to the announcement of TRON's $1 billion buyback program and record revenue figures, which have driven bullish sentiment and increased trading activity. Additional support comes from TRON's growing dominance in USDT transactions, surpassing Ethereum in USDT volume and processing over $24 billion daily, reinforcing its position as a leading network for stablecoin transfers. In the last 24 hours, TRON's trading volume ranged from approximately $651.87 million to $1.44 billion, with a market capitalization near $31.5 billion and a circulating supply of about 95 billion TRX. The price has traded between $0.3254 and $0.3327, reflecting strong momentum following recent positive developments.