Tron Treasury Swells as Network Activity Soars Amid $90 Billion in USDT
Tron Inc.'s treasury has been bolstered by a recent addition of 150,742 TRX tokens at an average price of $0.3317 each.
This brings Tron's declared treasury holdings to more than 706.9 million TRX, with the company adhering to a 360-day accumulation plan that allocates around $50,000 per day to acquisitions.
Despite facing resistance and trading at approximately 23% below its all-time high of $0.4313, Tron's network continues to see significant activity, holding roughly $90 billion in circulating USDT and processing about $24 billion per day across 2.2 million stablecoin transactions.
The TRX token is currently trading near $0.33, having recovered from a 16% drop in May but still facing hurdles for sustained recovery.