TRX tops $0.35 after Tron Inc. treasury purchase

TRX rose to $0.353 on May 9 after Tron Inc. bought 142,127 coins, lifting its treasury above 695.4 million TRX; monthly on-chain transfers fell from about 17.3 billion to 12.2 billion.

TRX reached $0.353 on May 9 after Tron Inc. purchased 142,127 coins at an average price of $0.3518, pushing the company’s holdings above 695.4 million TRX. The token traded near $0.349 later in the session, its highest level since mid‑September 2025.

Tron Inc., the treasury arm that manages the project’s token reserves, stated it plans to increase its Tron DAT holdings to “enhance long-term shareholder value.” The purchase was recorded on May 9 and added to the firm’s existing reserve balance.

On-chain transfer activity on the TRON network declined over the past month. Analysis from CryptoOnchain shows total tokens transferred fell from roughly 17.3 billion to about 12.2 billion during that period.

An analyst at CryptoOnchain observed that a sustained price rise is often accompanied by rising network activity and utility, and described the current pattern as a divergence between price and transfer volumes. The analyst said the $0.35 level lacks supporting transaction volume and could be exposed if buying momentum slows.

Market data show TRX’s gains are part of a broader uptick among several altcoins in May, with Zcash (ZEC), Ondo (ONDO) and Toncoin (TON) also posting increases during the month.

TRX is used on the TRON network to pay for transactions and to participate in staking and governance. Market participants track treasury accumulation and on-chain transfer volumes as separate indicators when assessing price moves.

Analysts and on-chain trackers are expected to monitor further Tron Inc. purchases and user transaction trends to compare reserve growth with changes in network activity.

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