Tron Inc has aggressively accumulated 1.2 million TRX tokens in June, increasing its total holdings to over 700.4 million TRX despite the token trading lower around $0.31. This buying effort occurs amid sustained bearish pressure and a declining price trend, as TRX remains in a descending channel since late May. The network still shows positive Daily Net Inflows of about $6.9 million, indicating ongoing investor interest. While technical indicators suggest continued downside risk, Tron Inc's accumulation could help stabilize prices and support a potential recovery if buying momentum continues.
TRON's network activity has stabilized with over 4.4 million daily active accounts, indicating strong and consistent user engagement. Despite this, institutional interest in TRX remains low, as shown by weak inflows into the newly launched Canary Sta...
TRON's TRX token traded around $0.335 on October 5, maintaining a tight range throughout September. The TRON network supports about $95.8 billion in stablecoins, significantly larger than TRX's circulating value of $31.8 billion. The Canary Staked TR...
TRX traded around $0.335 in early October despite nearly $96 billion in stablecoins on the TRON network. The price outlook for October hinges on whether increased network activity and demand from the newly launched Canary Capital staked TRX ETF lead ...
On October 1, Binance recorded the largest daily net inflow of TRX in 99 days, with +79.8 million TRX deposited, significantly above the 30-day average. Despite this spike, the net inflow was driven by a single day rather than a sustained trend, and ...
Tron (TRX) remains stable between $0.325 and $0.345 since early September, with little price movement. On October 4, Tron begins the third round of its DeFi Summer campaign, offering $2 million in rewards over 60 days for TRX, USDD, JST, and SUN toke...
