TRX Price Surges 5% as Justin Sun's Acquisition Boosts TRON's Momentum

The TRX price has demonstrated notable resilience since April 2025, outperforming several major altcoins despite global market setbacks. This stability has been particularly evident in the face of significant events, such as the U.S.-Israel-Iran conflict, where TRON avoided steep corrections that affected much of the crypto market. The announcement of a ceasefire triggered renewed momentum in the sector, and TRX has continued to push higher alongside top altcoins like XRP and ADA.

One of the major catalysts for TRX's recent performance has been Justin Sun’s acquisition of SRM Entertainment, which has officially become TRON Inc. on NASDAQ. This move marks a significant step in TRON’s strategy to integrate Web3 innovation with traditional financial infrastructure. The market responded swiftly to this news, with SRM stock surging more than 40% from $7.50 to $10.50, while the TRX price gained nearly 5% in a single session.

Beyond the headlines, on-chain data paints an equally bullish picture. TRON crypto is currently generating an average of $2 million in daily revenue through network fees alone, making it one of the most profitable blockchains. This figure indicates strong growing utility and demand from users and developers. Additionally, daily transaction counts have soared beyond 9 million, with the 100-day moving average of transactions nearing all-time highs. This sustained user engagement and fee generation reinforces the long-term outlook for the network.

Institutional interest in TRX is also on the rise. Data from Defi_Zee shows that the WLFI acquired 40.71 million TRX by investing $9.83 million at an average price of $0.242, and is now sitting with a 25% unrealized profit. Similarly, TRON Inc. (formerly SRM) purchased 365 million TRX crypto, investing $100 million at $0.274, and is already up 10%.

Technically, the TRX price is aimed at testing the $0.32 resistance while forming an ascending triangle on the weekly chart. This structure increases the probability of a breakout and could turn its ATH in a single spike, similar to the one seen in Q4 2024. However, analysts warn that traders should remain wary of potential fake-outs or short-term pullbacks before a sustained upward move materializes.

In summary, the TRX price has shown remarkable resilience and growth potential, driven by strong on-chain utility, institutional interest, and strategic acquisitions. The token appears to have entered a potentially transformative phase for both traders and long-term investors, with a bullish outlook supported by consistent activity levels and technical patterns.