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Home»Altcoins»TRON doubles down on TRX as rising on-chain activity supports price recovery
Altcoins

TRON doubles down on TRX as rising on-chain activity supports price recovery

2026-02-09No Comments3 Mins Read
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Tron Inc.’s Recent Moves in the TRX market are turning heads at a time when investors are looking for signals beyond short-term price movements. Over the past week, the NASDAQ-listed company has steadily increased its exposure to TRX, while on-chain data points to long-term network usage.

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At the same time, these developments have helped stabilize the token after weeks of weakness, even as the market’s caution remains visible in trading volumes.

tron trx trxusd TRXUSD_2026-02-09_14-00-32

TRX's price trends to the downside following an important surge as seen on the daily chart. Source: TRXUSD on Tradingview

Tron Inc. expands TRX Treasury Holdings

According to revelations shared by Justin Sun, Tron Inc. acquired another 179,408 TRX at an average price of $0.28. This purchase increased the company’s total TRX treasury holdings to approximately 680.7 million tokens.

The acquisition follows similar purchases earlier this month, including purchases on February 7 and 8 at similar price levels.

The company has formulated its accumulation strategy as part of a longer-term approach to building a Tron-based digital asset treasury. The designated on-chain wallet for these holdings is publicly traceable on Tronscan, allowing market participants to verify transactions directly.

While the latest purchase is modest relative to the total circulating supply, the pattern of repeated accumulation has become an important data point for traders monitoring corporate involvement in crypto assets.

TRX Price Reaction and Market Reaction

TRX Awards recovered modestly following the confirmation of the latest acquisition and Justin Sun’s public endorsement of the strategy. The token was trading around $0.2785 at last check, up around 0.5% on the day.

See also  Binance Unveils Trading Access to Over 7,000 US Stocks and ETFs – and Adds New Tokenization Plan

Despite the recovery, performance over longer periods remains mixed, with TRX still lower on both a weekly and monthly basis.

The trading activity indicates a more cautious reaction from the market. Reported 24-hour trading volume fell roughly 16% to about $532 million, indicating that while prices have stabilized, participation has not yet fully returned.

Analysts note that corporate accumulation often provides psychological support close to purchasing levels, but a sustainable uptrend typically requires broader demand.

Activity in the chain adds context

In addition to the treasury moves, Tron’s on-chain metrics continue to show stable usage. Transaction volumes, active addresses and smart contract interactions remain high, supported by stablecoin transfers and decentralized application activity across the network.

Related reading

Historically, increasing on-chain involvement has coincided with more resilient TRX price behavior, even during periods of uneven market sentiment. However, on-chain strength is not an isolated event as regulatory developments, macroeconomic conditions and broader crypto market trends continue to influence price action.

Cover image of ChatGPT, TRONUSD chart from Tradingview

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#TRX activity Doubles OnChain Price Recovery Rising Supports Tron
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