TRON Foundation Denies $11 TRX Surge Claim Confirms $0.32 Price Stability

TRON Foundation has issued a formal statement addressing persistent rumors circulating in cryptocurrency markets regarding an alleged $11 surge in the price of TRX, its native token. The foundation categorically denied the claims, reiterating that verified data confirms TRX remains stable at approximately $0.32 as of July 29, 2025 [1]. This clarification follows unverified reports on social media platforms and unofficial channels that falsely amplified the token’s value, creating confusion among investors.

The foundation emphasized that no official announcements, market activities, or exchange data support the $11 price surge. TRON’s own price tracking tools and major cryptocurrency exchanges consistently show TRX trading near $0.32, with transaction volumes and liquidity remaining consistent across platforms [1]. Founder Justin Sun and the organization’s official channels have maintained silence on the rumor, focusing instead on disseminating verified information through transparency initiatives.

Market participants exhibited no significant reaction to the false claims. On-chain analytics and trading volumes remained stable, indicating that investors and traders prioritize data from reputable sources [1]. The foundation highlighted the importance of price stability for TRX, as it reduces volatility risks and fosters trust in the ecosystem. By maintaining a consistent $0.32 valuation, the foundation aims to ensure predictable market conditions, which are critical for long-term adoption and institutional confidence.

The rumor underscores broader risks of misinformation in crypto markets. Unsubstantiated claims, often originating from unverified social media posts, can distort market sentiment and lead to speculative behavior. TRON Foundation reiterated the necessity of relying on official dashboards, exchanges, and real-time data to avoid being misled by fabricated narratives. Analysts have noted that while rumors can temporarily influence short-term trading patterns, their lack of foundational support typically negates their impact on actual market dynamics [1].

To address the issue, the foundation has strengthened its transparency measures, including real-time price updates and public communication channels. It urged investors to verify information through its official platforms and major exchanges, rather than unconfirmed sources. The organization also reiterated its commitment to maintaining market integrity, stating that any deviations from $0.32 would be communicated through formal announcements [1].

The incident serves as a cautionary example of how misinformation can destabilize perceptions in highly volatile markets. TRON Foundation’s swift response to the $11 rumor reinforces its role as a custodian of factual data in the crypto space. By prioritizing accuracy and transparency, the foundation aims to safeguard both retail and institutional investors from the ripple effects of false information.

Source: [1] [TRON Foundation Addresses Rumors, Confirms TRX Price Stability Near $0.32 July 29, 2025] [https://en.coinotag.com/tron-foundation-addresses-rumors-confirms-trx-price-stability-near-0-32/]