Key Insights: TRON (TRX) remains steady at $0.28461 on February 21, 2026. The price is exhibiting flat day-to-day movement, with an annual growth of 15.99%. ThisKey Insights: TRON (TRX) remains steady at $0.28461 on February 21, 2026. The price is exhibiting flat day-to-day movement, with an annual growth of 15.99%. This

Justin Sun Urges TRX Hold as TRON Price Consolidates

2026/02/23 23:25
3 min read
tron trx trx price trx crypto justin sun trx

Key Insights:

  • TRON (TRX) is consolidating at $0.28461 with a 15.99% yearly gain and 58% rally potential.
  • Tron Inc. acquired 175,449 TRX, raising treasury holdings to 682.8 million tokens.
  • Justin Sun urges buying as technical signals point to a possible breakout.

TRON (TRX) remains steady at $0.28461 on February 21, 2026. The price is exhibiting flat day-to-day movement, with an annual growth of 15.99%. This stability follows Tron Inc.’s acquisition of 175,449 TRX at an average price of $0.28. This purchase lifted total holdings to more than 682.8 million TRX.

Justin Sun gave an update on X, urging investors to continue purchasing and holding. His message was just after the announcement of the treasury expansion. Tron is still among the world’s top eight cryptocurrencies, with a market capitalization of $27.13 billion.

Source: Justin Sun (X)Source: Justin Sun (X)

Justin Sun tends to create short-term sentiment on TRX. His stance in support of accumulation indicates that he trusted the ecosystem. TRX reserves are a long-term value strategy of Tron Inc., which is listed on Nasdaq under the name TRON. The on-chain wallet assigned to treasury balances prominently adds transparency to them.

TRX Technical Signals Hint at Consolidation

From a chart perspective, TRX/USD reflects a consolidation pattern. The Relative Strength Index is 49.82, indicating neutral momentum. The MACD shows no strong directional bias and is flat.

TRON Price Daily Chart | Source: TradingViewTRON Price Daily Chart | Source: TradingView

Bollinger Bands indicate resistance at around $0.30 and support at around $0.27. The TRX/USD was trading near the middle band, suggesting it could move to either side. An extended break above $0.30 would shift short-term sentiment to the bullish side.

The Stochastic indicator showed a slightly overbought condition, while the Commodity Channel Index was above 100. Short pullbacks may result because of these readings. They also indicated the bottom-of-the-line demand price, which is above the major support level.

On-chain metrics add context. Tron’s Total Value Locked recently surpassed $4 billion, rising nearly 2% in 24 hours. Growing TVL signals liquidity strength and continued user engagement. When paired with treasury accumulation, this reinforces the $0.27 level as a psychological and structural base for TRON.

TRX Forecast Targets and Market Impact

There are contradictory forecasts of the TRON price. Projections indicate that the end of the month may see a retest of $0.27, which is a slight downside. Quarterly projections are risky, with the risk of falling to $0.18 if macro conditions deteriorate.

Its annual forecast is close to $0.45088. That would mean about 58% of the increase in levels. This would be achieved through long-term capital inflows and increased market appetite for risk. That could be opened by a decisive break above the 200-day moving average around $0.308.

Tactically, Tron’s move is a typical market defense playbook. The network aims to restrict supply during turbulent times by increasing reserves and promoting holding behavior. Volatility is often driven by the perception in risk-off markets. Stiffening confidence will reduce the aggressive selling pressure.

The Tron ecosystem also plays a more comprehensive signaling role. The presence of strength in TRX typically indicates a desire to use other smart contract platforms. Weakness generally aligns with the defensive flows back towards Bitcoin or stablecoins.

TRON is currently trading in a range of $0.27 to $0.30. Breaking out of resistance would turn the tide quickly. Loss of support may be a welcome to new downside tests.

The post Justin Sun Urges TRX Hold as TRON Price Consolidates appeared first on The Coin Republic.

Market Opportunity
Tron Logo
Tron Price(TRX)
$0.2816
$0.2816$0.2816
-0.70%
USD
Tron (TRX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Botanix launches stBTC to deliver Bitcoin-native yield

Botanix launches stBTC to deliver Bitcoin-native yield

The post Botanix launches stBTC to deliver Bitcoin-native yield appeared on BitcoinEthereumNews.com. Botanix Labs has launched stBTC, a liquid staking token designed to turn Bitcoin into a yield-bearing asset by redistributing network gas fees directly to users. The protocol will begin yield accrual later this week, with its Genesis Vault scheduled to open on Sept. 25, capped at 50 BTC. The initiative marks one of the first attempts to generate Bitcoin-native yield without relying on inflationary token models or centralized custodians. stBTC works by allowing users to deposit Bitcoin into Botanix’s permissionless smart contract, receiving stBTC tokens that represent their share of the staking vault. As transactions occur, 50% of Botanix network gas fees, paid in BTC, flow back to stBTC holders. Over time, the value of stBTC increases relative to BTC, enabling users to redeem their original deposit plus yield. Botanix estimates early returns could reach 20–50% annually before stabilizing around 6–8%, a level similar to Ethereum staking but fully denominated in Bitcoin. Botanix says that security audits have been completed by Spearbit and Sigma Prime, and the protocol is built on the EIP-4626 vault standard, which also underpins Ethereum-based staking products. The company’s Spiderchain architecture, operated by 16 independent entities including Galaxy, Alchemy, and Fireblocks, secures the network. If adoption grows, Botanix argues the system could make Bitcoin a productive, composable asset for decentralized finance, while reinforcing network consensus. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/botanix-launches-stbtc
Share
BitcoinEthereumNews2025/09/18 02:37
Vir Biotechnology Provides Corporate Update and Reports Fourth Quarter and Full Year 2025 Financial Results

Vir Biotechnology Provides Corporate Update and Reports Fourth Quarter and Full Year 2025 Financial Results

– Announces global strategic collaboration with Astellas to advance PSMA-targeted PRO-XTEN® dual-masked T-cell engager (TCE) VIR-5500 for the treatment of prostate
Share
AI Journal2026/02/24 06:17
Dow Drops 735 Points as Trump Tariff Shock Smashes Crypto and Stock Markets

Dow Drops 735 Points as Trump Tariff Shock Smashes Crypto and Stock Markets

The post Dow Drops 735 Points as Trump Tariff Shock Smashes Crypto and Stock Markets appeared on BitcoinEthereumNews.com. U.S. markets slid sharply on Monday as
Share
BitcoinEthereumNews2026/02/24 06:38