TRX posted a sharp rebound at the end of December after Justin Sun invested $18 million into Tron Inc. on December 31. According to the source material, the capital is meant to expand the company’s TRX treasury, a step that could lead to additional open-market purchases and lift demand expectations for the token.
The report says TRX briefly reached $0.286 on December 31 and was trading at $0.284 at the time of writing. That left the token up 5% from its low earlier in the month. The article ties the move to a cluster of supportive developments rather than a single headline, with market confidence in TRX strengthening over the same period.
Tron Inc. Treasury Expansion Draws Attention
The stated goal of Sun’s investment is to help Tron Inc. build a larger TRX reserve. If the company accumulates more tokens through the open market, that would tighten available supply and sharpen demand expectations in the near term. The setup is straightforward: a bigger corporate treasury can translate into a clearer spot-buying narrative.
The same report also points to an expected TRX Strategy ETF filing with the U.S. SEC by Bitwise. No filing date or added detail was provided in the source, but it was presented as another factor supporting recent strength in TRX and potential institutional interest in the asset.
Whale Accumulation and Technical Signals Turn Positive
On-chain positioning also shifted higher. Nansen data cited in the article shows TRX held by large investors rising from 1.59 million tokens on December 26 to 1.64 million on December 31. That increase was described as a sign of continued whale accumulation. Moves by large holders often attract close attention when price action is already recovering from a recent low.
From a chart perspective, the source says TRX has confirmed a falling wedge pattern on the daily timeframe and broken upward from it. That formation is commonly treated as a bullish reversal signal. TRX is also trading above its 50-day moving average, while the Supertrend indicator has flipped green, both of which were cited as signs that buyers have taken control in the short run.
The Report Points to $0.356 as a Potential Next Level
Using the height of the falling wedge as a measured move, the article identifies $0.356 as a possible target for TRX. Based on the cited price of $0.284, that implies about 25% upside from current levels. The target comes from technical pattern analysis in the source material, not from an achieved market price, and it depends on the present uptrend holding in place.