Tron Is Rising When Bitcoin, Dogecoin And Other Major Cryptos Flash Red: Here’s Why
Posted On July 29, 2025
Tron (CRYPTO: TRX) was trading higher Monday night, defying the broader decline in the cryptocurrency market after Tron Inc. (NASDAQ:TRON) filed a $1 billion shelf offering with the SEC.
What happened: The native token of the Justin Sun-founded network rose over 2%, while its trading volume skyrocketed 106% to $1.47 billion in the last 24 hours.
TRX became the second-biggest cryptocurrency gainer over the last 24 hours, bucking declines in large-cap coins such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE).
The rally came after Tron Inc. filed a Form S-3 shelf registration to …
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