Tron Inc increased its TRX holdings above 701.7 million with latest $50,000 purchase

Cointurk2026/06/23 07:57

By:Cointurk

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TRON’s native asset TRX has maintained its position above a long-term uptrend line, despite the recent pullback in the cryptocurrency market. Rather than signaling the end of its positive momentum, the moderation in market sentiment suggests a more balanced outlook. At the time of writing, TRX was trading at $0.3297, with a 24-hour trading volume of $507.84 million and a market capitalization of $31.26 billion.

Key technical support remains intact Tron Inc’s purchases draw attention

Key technical support remains intact

According to crypto analyst Aman, TRX’s price action continues to adhere to its long-term ascending trend line, even after the latest correction. Aman notes that this pattern supports the sustained bullish structure in the broader time frame, as buyers have previously responded strongly to this dynamic support area, indicating ongoing investor interest.

In Aman’s assessment, TRX has preserved its long-term uptrend despite the recent dip, and the overall positive structure remains unbroken for now.

Traders also took note of the Relative Strength Index (RSI) returning from the overbought territory—a technical indicator used to measure the speed and strength of price movements. This cooling off in the RSI may provide a healthier foundation for renewed upward momentum in TRX.

Mini glossary: RSI is a technical indicator measuring the speed and strength of price action. It is commonly used to identify overbought and oversold levels in an asset.

Should TRX continue to hold above its trend line, analysts suggest the price could attempt another move higher, with resistance expected in the $0.40 to $0.42 range. Conversely, a breakdown below the support could invalidate the current technical setup for TRX.

Indicator Level

Current price	$0.3297
Nearest resistance	$0.40 to $0.42
24-hour change	Up 1.21%

Tron Inc’s purchases draw attention

Company data shows that Tron Inc recently acquired another 152,316 TRX tokens at an average price of $0.3283. With this latest buy, Tron Inc’s overall TRX holdings have now surpassed 701.7 million tokens. This step reflects the company’s continued strategy to expand its digital asset treasury.

Following its most recent purchase, Tron Inc’s total TRX holdings have climbed above 701.7 million, reinforcing its commitment to a long-term digital asset treasury strategy.

Tron Inc is recognized for its ongoing accumulation of digital assets focused on the TRON ecosystem. The company’s actions underscore a commitment to long-term value creation, rather than short-term price movement. Market observers regard these regular acquisitions as signs of confidence in the network’s future and TRX’s performance.

When market data and continued institutional accumulation are considered together, the preservation of TRX’s technical setup and Tron Inc’s ongoing purchases stand out as two closely watched themes. However, the assessments here are market analysis and should not be taken as conclusive predictions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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