TRON (TRX) Surges 7.2% Following Major Ecosystem Upgrade Announcement by Justin Sun
TRON founder Justin Sun’s announcement of a significant ecosystem upgrade has propelled TRX’s price upward, showcasing strong market confidence despite external challenges.
Justin Sun’s TRON Upgrade Sends TRX Price Soaring Despite Twitter Hack
TRON founder Justin Sun announced a major ecosystem upgrade on May 3, 2025, triggering an immediate 7.2% price surge for TRX. The cryptocurrency jumped from $0.122 to $0.130 within the first hour, accompanied by a 43% spike in trading volume.
Binance, OKX, and KuCoin collectively processed 1.2 billion TRX trades as market participants reacted to the development. The bullish momentum persisted despite a simultaneous security breach of TRON DAO’s official Twitter account, which hackers exploited to steal user funds.
TRON DAO’s X Account Compromised in Social Engineering Attack
TRON DAO’s official X account fell victim to a sophisticated social engineering attack on May 2, 2025. The breach occurred at 9:25 AM PST, with the hacker gaining unauthorized access to post a malicious contract address and engage in suspicious direct messaging activity.
Justin Sun, TRON’s founder, swiftly responded by urging OKX exchange to freeze funds potentially linked to the exploit. The incident highlights growing security challenges facing blockchain projects as they navigate increasingly complex threat landscapes.
While the full extent of the breach remains under investigation, the event underscores the critical importance of robust cybersecurity measures in decentralized ecosystems. Market participants are advised to exercise heightened caution with unsolicited contract addresses and direct messages.
TronZap Revolutionizes TRON Energy Rental with Instant, Low-Cost Solutions
TronZap has emerged as a game-changer in the TRON ecosystem, offering instant energy rental services that eliminate the need for TRX burning and reduce transaction fees by up to 75%. The non-custodial platform operates 24/7 with institutional-grade infrastructure, catering to developers, traders, and DeFi users globally.
The service addresses TRON’s persistent ’OUT_OF_ENERGY’ errors that force users to burn TRX for transactions. By providing on-demand energy without fund freezing, TronZap optimizes costs for frequent operations like USDT transfers, smart contract deployments, and dApp development. Early adoption suggests the platform may become essential infrastructure for TRON power users.