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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > Mapping Tron’s road ahead as Trump-backed moves ignite surge
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Mapping Tron’s road ahead as Trump-backed moves ignite surge

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Last updated: January 23, 2025 10:37 pm
CoinRSS Published January 23, 2025
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Contents
Trump’s WLFi acquisition of TRX despite cautious sentimentWill TRX maintain its bullish momentum?
  • Tron rose 24.69% and a 12.73%% in new and in active addresses respectively, indicating rising user engagement.
  • World Liberty Finance’s acquired 10.8 million TRX for $2.65 million USDT.

Tron [TRX] has been in the spotlight recently due to notable on-chain developments and strategic acquisitions. Its increasing adoption and activity have mirrored its price movements.

The recent high-profile purchases by World Liberty Finance (WLFi) have fueled market speculation.

On-chain data has revealed a steady rise in TRX active addresses, which recently hit 2.47 million. This increase aligned with its price appreciation, which reached $0.239 during the same period.

Notably, new addresses surged by 24.69% over the past week, indicating heightened interest in the network. This growth highlights strong network adoption, likely driven by positive market sentiment and renewed use cases.

TRON TRXTRON TRX

Source: Into The Block

Interestingly, zero-balance addresses also grew by 35.09%, suggesting a wave of speculative interest.

While the data points to healthy adoption, the price correlation signals possible profit-taking in the near term. Should active addresses maintain this pace, TRX could achieve sustained growth.

However, a slowdown may hint at price consolidation ahead.

Trump’s WLFi acquisition of TRX despite cautious sentiment

World Liberty Finance’s acquisition of 10.8 million TRX for $2.65 million USDT showcases the growing institutional interest in Tron.

WLFi’s total holdings now stand at 30.1 million TRX, valued at $7.36 million.

This aligns with their broader strategy, as they also purchased $47 million worth of ETH, wBTC, and $4.7 million each of AAVE, LINK, TRX, and ENA to commemorate Donald J. Trump’s inauguration as the 47th President of the United States.

These high-value acquisitions highlight confidence in TRX and its ecosystem. This influx of institutional capital could drive further price appreciation in the short term.

Despite the bullish sentiment driven by WLFi’s acquisitions and rising active addresses, the TRX bulls-versus-bears metric suggests a balanced but cautious outlook.

The latest data shows 117 bulls compared to 112 bears, indicating a narrow edge for bullish traders. This slim difference implies that market participants remain divided on TRX’s next movement.

Source: Into The Block

Historically, similar patterns have preceded short-term volatility, as neither side dominates the market decisively.

If bulls gain momentum, TRX could push towards higher resistance levels. Conversely, a stronger bear presence might lead to a price correction.

Will TRX maintain its bullish momentum?

The broader question remains whether TRX, buoyed by WLFi’s strategic purchases and rising adoption metrics, can sustain its bullish momentum.

While the token’s price movement and on-chain metrics have aligned positively, external factors like macroeconomic conditions and Bitcoin’s dominance could influence its trajectory.


Read Tron’s [TRX] Price Prediction 2025–2026


 

Historically, tokens tied to high-profile narratives have seen short-term surges but struggled with sustainability.

For TRX to maintain upward momentum, it will require continued institutional support, strong network activity, and a favorable market environment.

Previous: XLM’s short-term MVRV flashes caution – Time to worry?
Next: Bitcoin traders, miners unite – Could BTC soar 560%?

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