TRX, the native cryptocurrency on the TRON network, experienced heightened volatility on Tuesday, July 29th. During the Asian market hours, the coin price hit a six-month high of $0.35 before a sharp reversal as the U.S. market kicked off. While the selling pressure aligns with the broader market pullback, the prevailing buying could be linked to Tron Inc.’s $1 billion securities filing to accumulate TRX tokens.
TRX Hits $0.35 on Tron Inc.’s $1B Filing
Tron Inc., a former toy merchandise firm, has recently filed to sell up to $1 billion in securities under a strategy centered around TRX token accumulation. The announcement came with a Form S-3 with the Securities and Exchange Commission (SEC) on July 28, 2025, underscoring the company’s evolution from toy manufacturing to token reserve.
Now fully rebranded, Tron Inc. now embraces the crypto world with the goal of becoming a treasury proxy for the TRON blockchain ecosystem. The strategy would follow issuing various instruments, including common stock, preferred stock, debt securities, warrants, and rights to raise capital for TRX purchases.
The filing notes that funds would be used to “purchase TRX tokens” and pursue “income-generating strategies,” potentially echoing the aggressive liquidity engineering developed by MicroStrategy in its Bitcoin playbook.
Currently, the company holds 365 million TRX tokens, which are valued at approximately $111 million. With the new registration, the company seeks to expand this reserve significantly, accentuating its long-term commitment to engaging with the Tron ecosystem.
Such corporate adoption and heavy accumulation could drive high-demand pressure for TRX.
TRX Price Drives Steady Uptrend Within Channel
Defying the broader market uncertainty, the TRON coin price shows a notable recovery from $0.3 to a recent high of $0.35—a 16.77% increase—since last week. Earlier today, this recovery trend teased a bullish breakout from the long-awaited resistance of a channel pattern, signaling the increased buy-side pressure.
However, the broader market pullback during the U.S. market hours pushed the TRX price to $0.336, with a long-winded rejection candle accentuating overhead supply. As sellers continue to protect the ascending trendline, this altcoin faces a risk of bearish pullbacks.
Historically, a reversal from this resistance has pushed the price value from 7% to 10% before stabilizing at a support level.
With sustained selling, the TRX price could plunge another 10.5% to revisit the psychological level of $0.3. On the contrary, if the coin price manages to flip the overhead resistance trendline into potential support, the buyers could gain sufficient momentum to hit the $0.04 mark.
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