HomeNewsTRX Holds Key Support as Tron Announces $1B Buyback and Rising On-Chain...

TRX Holds Key Support as Tron Announces $1B Buyback and Rising On-Chain Activity

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  • Tron processes over eight million USDT transactions weekly, leveraging low fees and high throughput for institutional transfers globally.
  • Tron Inc.’s $1B buyback for 3.1B TRX and whale accumulation could support sustained price gains in coming months.

TRX is trading at $0.3469, reflecting a 1.86% daily increase and maintaining a market capitalization of $32.86 billion with a 24-hour trading volume of $1.12 billion. Over the past year, TRX has delivered a remarkable 171.37% gain, positioning itself as one of the best-performing large-cap cryptocurrencies.

TRXUSDT_2025-08-12_12-40-13
Source: TRX/Tradingview

Price action remains supported above the $0.34 level, with technical indicators suggesting that a sustained breakout above $0.35 could open the path toward $0.40 in the medium term.

TRXUSDT_2025-08-12_12-41-18
Source: TRX/Tradingview

From a technical standpoint, TRX has consistently respected its ascending trendline since late 2024, bouncing on support levels and flipping resistances into support zones. Momentum is underpinned by a strong 200 SMA support and neutral-to-bullish RSI readings, indicating healthy market structure.

TRXUSDT_2025-08-12_12-41-34
Source: TRX/Tradingview

Bulls are defending the $0.339–$0.341 range, with intraday targets set toward $0.347–$0.350 if resistance levels are breached.

In the ecosystem and blockchain activity, Tron continues to dominate stablecoin settlement, processing over 8 million USDT transactions in a single week, surpassing most competitors in transaction volume efficiency.

This surge is largely driven by its bandwidth and energy-based fee model, making large transactions virtually cost-free compared to traditional gas fee systems. Tron’s DeFi ecosystem also remains robust, with TRC-20 USDT maintaining the highest circulation among all blockchains due to low-cost, high-speed transfers.

On the industry news front, Tron Inc. recently announced a $1 billion buyback program for 3.1 billion TRX tokens, reflecting strong treasury confidence in the asset’s long-term value.

In parallel, reports show realized profits topping $1.4 billion for TRX investors this year, with increased whale activity signaling potential accumulation phases. Additionally, the Tron DAO is advancing in cross-chain bridge improvements and exploring artificial intelligence integrations into its Web3 framework, while also pushing metaverse-related initiatives.

Looking ahead, Tron’s growth trajectory will depend on sustaining its dominance in stablecoin transactions, executing its token buyback effectively, and expanding interoperability with other Layer 1 and Layer 2 ecosystems.

TRXUSDT_2025-08-12_12-43-04
Source: TRX/Tradingview

A decisive close above $0.35 could set the stage for further upside momentum toward the $0.40–$0.45 range, while a breakdown below $0.33 may invite short-term corrections.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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