Tron (TRX) has shown a price increase as a result of recent positive events. TRX has risen by 2% over the past 24 hours, attributed to its recent launch on Solana and the announcement of a new ETF by Justin Sun.
TRX Price Surges
As of the time of writing, TRX is valued above $0.23, representing a nearly 2% increase in the past 24 hours. Its market cap stands at over $22.2 billion. This surge takes place amidst a generally bullish crypto market and numerous optimistic events and announcements.
Tron's Latest Announcements
On March 20, Tron’s founder, Justin Sun, hinted at an upcoming TRX ETF. This announcement came after the launch of the first two SOL ETFs in the US. Sun emphasized that TRX's integration with Solana is a real collaboration rather than a hack. TRX is now available for purchase on the Solana platform. Additionally, TRX went live on Pump.fun, following the platform's introduction of Pump.Swap, its native DEX.
Tron Metrics Rise
According to Tronscan data, the total accounts on the network have surged significantly over the last 24 hours, surpassing 295.6 million. There was also a rise in the total number of transactions, which topped 9.9 billion. The total transfer value on Tron exceeded $17.2 trillion.
The recent events and announcements have contributed to the positive trajectory of TRX's price and the overall development of the Tron network. The integration with Solana and the upcoming ETF release increase interest in the project, boosting activity on the platform.
