TRX Surges 2.16% as TRON Hits Record 490.3B Transfers and Eyes Mainnet Reward Cut

TRON (TRX) is currently trading at $0.2881, reflecting a 2.16% increase over the past 24 hours, with a 24-hour opening price of $0.2820. The recent price uptick can be attributed to strong network performance, including a record monthly transfer volume of 490.3 billion TRX in May 2025 and a surge in network revenue to $343 million, as well as increased daily transactions reaching 8 million. Additional factors supporting positive sentiment include the ongoing TRX supply reduction—3.36 billion TRX burned in the past year—and anticipation of a mainnet block reward reduction proposal scheduled for June 2025. Despite a recent drop in DEX trading volume, TRON maintains its position as the #9 cryptocurrency by market cap, with a robust user base of 100 million and over 3.4 billion cumulative transactions, underscoring its strong presence in the blockchain ecosystem.