Picture this: Tron (TRX), usually the middle child of crypto, suddenly finds itself tapped on the shoulder for the main event. While almost every other coin is weeping in a $343 million sell-off, TRX is having an absolute whale of a time (not the kind you see on nature docs, but the ones that apparently swim in spreadsheets and live for $598 million transactions 🐋💸).
On-chain data (because everything must be “on-chain,” darling) shows a 973% surge in gigantic TRX transfers—think more “Jeff Bezos does online shopping” than pocket change. Basically, if you transferred less than $100,000 today, did you even Tron?
While other coins were busy doing their best Titanic impressions, TRX just stood there serenely, up by a humble 1.97% at $0.2775—like, “Market may be burning but I moisturized, thanks.” Meanwhile, over half the USDT volume on Tron network came from transactions over $1 million. Apparently, everyone and their pet billionaire want to play on TRX lately. 🤑
And get this: in 2025 alone (which, judging by this market, could’ve been 37 years ago or last Thursday), there have already been 17 separate occasions of $1 billion worth of USDT getting pumped into Tron. That’s enough zeros to make your eyes water and your calculator sweat.
Tron’s recent developments
As if things weren’t spicy enough, whispers began swirling yesterday of Tron making its debut on the public markets through a reverse merger with SRM Entertainment. It’s all very Wall Street-meets-the-Matrix. Investors, desperate for something shinier than their own portfolios, get a backdoor into Tron—which by the way, powers over half of USDT and 30% of all stablecoins. No pressure.
The new company plans to just buy and hold TRX tokens, à la Michael Saylor’s “I’ll take all the Bitcoin, thank you very much” routine. There’s a neat $210 million hauling into the shiny new entity. (Not to be dramatic, but how do I sign up for one of these $210M allowances? Asking for a friend.)
TRX’s dance card has been rather full, rallying from $0.27 to $0.295, before pirouetting at $0.2777 and boldly staying higher than June 13’s very “meh” $0.267. Basically, TRX has been consolidating since December 2024, teetering on the edge of a possible breakout to $0.45. Less moon-landing, more “could break out, could order takeaway, TBD.” 🚀
Read More
- Gold Rate Forecast
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Tom Cruise Bags Gold: Mission Impossible Star Lands Guinness World Record for Highest Burning Parachute Jumps
- Are Billie Eilish and Nat Wolff Dating? Duo Flames Romance Rumors With Sizzling Kiss in Italy
- Tom Hiddleston and Wife Zawe Ashton Announce Second Pregnancy, Know Couple’s Relationship Timeline
- Is Justin Bieber Tired of ‘Transactional Relationship’ with Wife Hailey Bieber? Singer Goes on Another Rant Raising Concerns
- Justin Bieber Tells People to ‘Point at My Flaws’ Going on Another Rant, Raises Alarm With Concerning Behavior
- Resident Evil 9: Requiem Announced: Release Date, Trailer, and New Heroine Revealed
- Summer Game Fest 2025 schedule and streams: all event start times
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
2025-06-17 15:03