Tron Inc: Acquires 138750 TRX at $0.3604 | Flash News Detail | Blockchain.News
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5/24/2026 7:03:00 AM

Tron Inc: Acquires 138750 TRX at $0.3604

Tron Inc: Acquires 138750 TRX at $0.3604

Tron Inc (NASDAQ: TRON) bought 138750 TRX at $0.3604, lifting treasury above 697.3 million tokens as price holds $0.37 on 4h chart.

Source

Analysis

Tron Inc (NASDAQ: TRON) purchased 138750 TRX tokens at an average $0.3604, pushing total holdings past 697.3 million TRX.

The move aligns with the company's stated goal of expanding its Tron DAT treasury to drive long-term shareholder value, with on-chain activity tracked via the designated wallet on Tronscan.

Price action on the 4h chart shows TRX trading at $0.37 inside the Bollinger Bands, testing upper resistance while EMA50 at $0.36 and EMA200 at $0.32 act as layered support; MACD golden cross at 0.0 keeps the bullish structure intact and RSI at 52.38 leaves room before overbought conditions emerge, suggesting continuation toward the upper band once any shallow pullback to the 50-EMA finds bids.


Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor