TRX turns bullish as Justin Sun hints at increasing Tron’s Bitcoin reserves

Invezz
2026.01.30 20:36
portai
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TRON (TRX) has gained 1.3% in the last 24 hours, outperforming the broader crypto market. This bullish momentum is attributed to strategic positioning and strong network activity. Founder Justin Sun announced plans to increase TRON's Bitcoin reserves, boosting investor sentiment. TRX's price action shows a technical rebound, with key levels to watch at $0.30 and $0.31. Despite a decline in DeFi activity, TRON's stablecoin dominance remains strong, processing $23.8 billion in USDT transfers in Q4 2025. Overall, TRX's recent performance reflects a mix of strategic developments and market dynamics.