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Breaking News: Eric Trump Doubles Down On $1M Bitcoin Forecast, Calls Banking A ‘Ponzi Scheme’

Tron Accumulates TRX, Price Pops As Justin Sun Weighs In

Christian Encila
Christian Encila
Last Updated: February 10, 2026 6:00 am
2 mins read
Tron

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Tron’s blockchain operator has been adding to its stash of TRX and that activity is getting attention. Reports say the platform recently bought 179,408 TRX at an average cost of $0.28, lifting its treasury to about 680 million tokens.

The buy was one more in a series of purchases that show a clear pattern: steady accumulation over several days.

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Tron Increases Treasury Holdings

According to on-chain records, the platform purchased tokens at slightly different prices across recent days. On February 7, it bought more than 184,000 TRX at $0.27 a piece.

On February 8, another 181,000+ TRX were added at $0.28. The most recent move of 179,400 TRX followed those buys.

These are not one-off trades. They read as deliberate, repeated steps to build a reserve of native tokens over time.

Tron Inc. (NASDAQ: TRON) acquired 179,408 TRX tokens today at an average price of $0.28, further increasing its TRX treasury holdings to more than 680.7 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…

— Tron Inc. (@TRON_INC) February 9, 2026

Tron’s founder, Justin Sun, posted a short message that read “Keep Going.” That simple line was taken by some traders as a vote of confidence.

Reports note Sun’s public backing came while his legal fight with regulators remains on pause, and that political voices have criticized the pause.

TRX Sees A Small Bounce, Volume Falls

Market moves have been modest. The token is trading near $0.27, up about 0.75% from earlier in the day. Still, TRX has slipped 1.5% over the past week and 6% in the last month.

Trading activity has cooled; 24-hour volume fell by 20% to roughly $520 million. That lower volume suggests fewer hands are moving funds, which can make any price uptick look fragile.

TRX market cap currently at $26 billion. Chart: TradingView

What The Buying Might Mean

Large-scale accumulation by a project is usually read two ways. For followers, it can be a sign the team expects future value or wants to support liquidity. For skeptics, it can also look like internal reshuffling or an effort to control supply dynamics.

The repeated purchases at nearby price points point to a steady plan rather than panic buys, but steady plans don’t guarantee price rebounds when broader market sentiment is soft.

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Reports say Tron intends to keep buying. If that continues over the next 10 days or longer, the treasury will grow and the narrative around its reserve will strengthen.

Yet the wider market’s mood and regulatory pressure will probably matter more for TRX’s path than a handful of buys.

Investors watching the token should note the low turnover and the modest nature of the price rise; both hint that stronger momentum has not yet arrived.

Featured image from Yellow.com, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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