TRON (TRX) Surges to $0.34 Amid $1 Billion Buyback Program and Record Network Activity
TRON's native token, TRX, has experienced a significant rally, reaching $0.34 following the announcement of a $1 billion buyback program. This move has sparked an 8% price increase since August 4, 2025, with the token now approaching overbought territory as its Relative Strength Index (RSI) climbs to 69.41, indicating strong bullish momentum. The rally is further supported by robust network fundamentals, including the processing of its 5 billionth transaction this week, showcasing accelerating adoption and usage. While broader cryptocurrency markets face challenges, TRON's strategic initiatives and growing ecosystem position it as a standout performer in the digital asset space.
TRON (TRX) Hits $0.34 as $1 Billion Buyback Program Drives Massive Rally
TRON's TRX surged to $0.34 following the announcement of a landmark $1 billion buyback program, marking an 8% rally since August 4. The token now flirts with overbought territory as its RSI climbs to 69.41, signaling sustained bullish momentum.
Network fundamentals reinforce the price action—TRON processed its 5 billionth transaction this week, demonstrating accelerating adoption. While broader crypto markets struggle, TRX's corporate-backed buyback initiative creates isolated demand pressure.
Tron Dominates USDT Circulation as Big TRX Upside Emerges
TRON has solidified its position as the leading network for USDT circulation, now holding over 51% of all Tether stablecoins in circulation. This dominance follows the U.S. passage of the GENIUS Act, which provided clear regulatory guidelines for payment stablecoins, including customer safety and anti-money laundering measures.
The Layer-1 blockchain saw an immediate influx of $1 billion in newly issued USDT after the law's enactment, pushing its total USDT holdings beyond $83 billion. TRON's low fees and rapid transaction speeds have long made it a preferred platform for stablecoin transfers, a trend now amplified by regulatory clarity.
Market observers view TRON's growing market share as evidence of its readiness to serve as a primary infrastructure for dollar-backed digital assets. The network's established dominance in this sector appears poised for further expansion as institutional confidence in compliant stablecoins grows.
Ruvi AI (RUVI) Presale Gains Momentum Following CoinMarketCap Listing
Ruvi AI's presale has surged after securing a CoinMarketCap listing, with over 220 million tokens sold in Phase 2 and $2.8 million raised. The project, positioned as a high-potential successor to Tron’s (TRX) historic rally, is attracting retail and institutional interest due to its AI-driven utility in the content creator economy.
A 33% price increase is anticipated as Phase 2 nears capacity, with analysts highlighting Ruvi AI’s scalability and investor demand. The CoinMarketCap listing has bolstered credibility, accelerating token sales and expanding its community to 2,700+ backers.