Tron (TRX) Faces Volatility Amid Large Exchange Transfers

On July 20, 2025, Tron's TRX token experienced significant market speculation following two large transactions totaling over $48 million. Blockchain tracker WhalesAlert reported an initial transfer of 150 million TRX ($48.66 million) to HTX exchange, followed by a 99.99 million TRX ($32.44 million) transfer to Binance. These movements triggered a 1.85% price drop to $0.32, accompanied by declining market participation. While the intent behind these transactions remains unconfirmed, such large-scale transfers often signal potential volatility or strategic repositioning by major holders. The crypto community is closely monitoring whether this activity indicates a sell-off or other market maneuvers. As of July 21, 2025, TRX's price action and trading volume will be key indicators to watch for confirming the long-term impact of these whale movements.

100 Million TRX Moved to Binance Sparks Market Speculation

Tron's TRX faces potential volatility after a series of large transactions totaling over $48 million moved between exchanges. Blockchain tracker WhalesAlert reported an initial transfer of 150 million TRX ($48.66M) to HTX exchange, followed by a 99.99 million TRX ($32.44M) transfer to Binance on July 20th.

The price reacted with a 1.85% drop to $0.32 as market participation declined. While unconfirmed as a sell-off, such movements typically signal distribution pressure. Analysts suggest TRX could test support at $0.2965 if bearish sentiment persists, representing a 7% downside from current levels.

Contradicting the exchange inflows, $22.5 million worth of TRX simultaneously left trading platforms - a potential accumulation signal that may cushion further declines. The opposing flows create uncertainty about whether this marks a correction or the start of deeper retracement.

HTX Crypto Gem Hunt #8 Highlights 7 Projects with Long-Term Potential Amid Bitcoin Rally

As Bitcoin breaches $120,000, HTX Exchange diverges from market euphoria with its eighth Crypto Gem Hunt report. The curated selection emphasizes fundamental strength over short-term gains, spotlighting assets positioned for sustained growth across meme coins, GameFi, DeFi, and blockchain infrastructure sectors.

TRON's $TRX leads the list with a 16.7% gain after Nasdaq-listed SRM adopted it as a strategic reserve—marking a rare bridge between blockchain networks and traditional U.S. capital markets. The report frames this as validation of TRON's LAYER 1 resilience and off-chain integration potential.

Solana meme coin BONK represents the high-risk/high-reward segment, though the analysis cautions that speculative assets require disciplined entry points. HTX's methodology filters for projects combining technical milestones with tangible adoption drivers, avoiding purely momentum-driven picks.

MoonPay Launches TRON Wallet for Seamless TRX and USDT Access

Geneva-based TRON DAO has partnered with MoonPay to enhance blockchain accessibility. The collaboration introduces a dedicated TRON wallet, streamlining transactions for TRX and USDT users. This strategic move aligns with TRON's mission to decentralize internet infrastructure through dApps and blockchain solutions.

MoonPay's integration brings institutional-grade payment infrastructure to TRON's ecosystem. The wallet launch signals growing demand for frictionless crypto transactions, particularly in stablecoin and native token markets. Industry observers note the timing coincides with increased institutional interest in compliant fiat-to-crypto gateways.