TRON Sees $4.8 Billion Stablecoin Surge and Corporate Accumulation

TRON's price has been steady around a major pullback zone, attracting traders who are closely watching its potential for upward momentum.

The derivatives market is reflecting increased interest in TRX, with trading volume rising 7.48% to $148.54 million and open interest climbing 5.01% to $280.71 million, according to CoinGlass data.

Tron Inc.'s recent acquisition of 147,132 TRX at an average price of $0.3398 has also contributed to the market's momentum, with the company now holding over 715 million tokens in its treasury.

The stablecoin market on the TRON network has seen significant growth, with a $4.8 billion surge in the past 90 days, surpassing other major blockchains such as HyperEVM and Robinhood Chain.