• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Tron Accumulates TRX, Price Pops As Justin Sun Weighs In

February 10, 2026
in Bitcoin
Reading Time: 3min read
0 0
A A
0
Tron Accumulates TRX, Price Pops As Justin Sun Weighs In
0
SHARES
4
VIEWS
ShareShareShareShareShare

Tron’s blockchain operator has been adding to its stash of TRX and that activity is getting attention. Reports say the platform recently bought 179,408 TRX at an average cost of $0.28, lifting its treasury to about 680 million tokens.

The buy was one more in a series of purchases that show a clear pattern: steady accumulation over several days.

Related Reading

Tron Increases Treasury Holdings

According to on-chain records, the platform purchased tokens at slightly different prices across recent days. On February 7, it bought more than 184,000 TRX at $0.27 a piece.

On February 8, another 181,000+ TRX were added at $0.28. The most recent move of 179,400 TRX followed those buys.

These are not one-off trades. They read as deliberate, repeated steps to build a reserve of native tokens over time.

Tron Inc. (NASDAQ: TRON) acquired 179,408 TRX tokens today at an average price of $0.28, further increasing its TRX treasury holdings to more than 680.7 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…

— Tron Inc. (@TRON_INC) February 9, 2026

Tron’s founder, Justin Sun, posted a short message that read “Keep Going.” That simple line was taken by some traders as a vote of confidence.

Reports note Sun’s public backing came while his legal fight with regulators remains on pause, and that political voices have criticized the pause.

TRX Sees A Small Bounce, Volume Falls

Market moves have been modest. The token is trading near $0.27, up about 0.75% from earlier in the day. Still, TRX has slipped 1.5% over the past week and 6% in the last month.

Trading activity has cooled; 24-hour volume fell by 20% to roughly $520 million. That lower volume suggests fewer hands are moving funds, which can make any price uptick look fragile.

TRX market cap currently at $26 billion. Chart: TradingView

What The Buying Might Mean

Large-scale accumulation by a project is usually read two ways. For followers, it can be a sign the team expects future value or wants to support liquidity. For skeptics, it can also look like internal reshuffling or an effort to control supply dynamics.

The repeated purchases at nearby price points point to a steady plan rather than panic buys, but steady plans don’t guarantee price rebounds when broader market sentiment is soft.

Related Reading

Reports say Tron intends to keep buying. If that continues over the next 10 days or longer, the treasury will grow and the narrative around its reserve will strengthen.

Yet the wider market’s mood and regulatory pressure will probably matter more for TRX’s path than a handful of buys.

Investors watching the token should note the low turnover and the modest nature of the price rise; both hint that stronger momentum has not yet arrived.

Featured image from Yellow.com, chart from TradingView


Credit: Source link

ShareTweetSendPinShare
Previous Post

Fed’s Waller Eyes ‘Skinny’ Master Account by Year-End as Crypto Hype Cools

Next Post

Tom Lee-Backed Bitmine Controls 3.6% of Ethereum Supply After Price Crash

Next Post
Bitcoin Price Prediction: Big Buyers Are Back After the Crash – Explosive Rally is Starting Now

Tom Lee-Backed Bitmine Controls 3.6% of Ethereum Supply After Price Crash

You might also like

VeChain Foundation Releases Q1 2024 Treasury Report

Fireblocks Rolls Out 90-Day Plan for Embedded Wallets

June 27, 2026
Dollar spikes on hawkish Warsh Fed, Polymarket keeps SpaceX atop 2026 IPO

Dollar spikes on hawkish Warsh Fed, Polymarket keeps SpaceX atop 2026 IPO

June 24, 2026
Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

Digital Euro Clears Key Parliament Hurdle As Europe Pushes C

June 23, 2026
0x Opens Swap API To AI Agents With USDC Pay-Per-Request Model

0x Opens Swap API To AI Agents With USDC Pay-Per-Request Model

June 24, 2026
SUI Stuck In A Downtrend After Resistance Rejection, More Losses Ahead?

Sui DeFi Receives Boost as SUI Group Lends Additional 4M SUI

June 27, 2026
BOJ hikes to 1% as Polymarket sees 70% odds the Fed makes zero 2026 cuts

Warsh flags easy financing as Polymarket lifts July Fed hold odds to 78.5%

June 21, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Fed Likely Holds Rate as Market Bets Persist on July Decision

GOP affordability feud hits headlines as Polymarket’s Newsom slips to 20.65%

June 27, 2026
XRP Prepares for July Bounce-Back as Price History Points to

XRP Prepares for July Bounce-Back as Price History Points to

June 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.