TRON TRX Gains Support As Tron Inc. Keeps Buying

TRON (TRX) is showing improving technical and on-chain signals after a 16% drop from its May high, with price now above its 7-day and 30-day moving averages. According to BeInCrypto, the token has gained 2.2% over the past week, recovered 6% from its lows and trades near $0.33, still 11% below its May peak and about 23% under its record high. Nasdaq-listed Tron Inc. bought another 150,742 TRX on Sunday, lifting holdings above 706.9 million TRX, while TRON hosts about $90 billion in circulating USDT and roughly $24 billion in daily transfer volume.