Tron Inc., the entity behind the Tron blockchain, has acquired an additional 175,507 TRX tokens at an average price of $0.28. This purchase, announced on February 5, 2026, increases the company's total TRX treasury holdings to over 679.9 million tokens, valued at approximately $540 million. The company stated its strategy is to continue expanding its Digital Asset Treasury (DAT) to support long-term shareholder value.
Founder Justin Sun publicly endorsed the accumulation strategy, posting "Keep going!" on social media platform X. The move comes as TRX demonstrates relative resilience in a declining broader market. Year-to-date, TRX is down only 1.3%, significantly outperforming Bitcoin, which has fallen 19% over the same period. While the total crypto market capitalization fell around 25% in the past month, Tron's market value declined by just 4%.
Concurrently, the Tron network is reporting record-breaking usage metrics. In January 2026, the blockchain surpassed 100 million monthly active addresses, representing nearly 50% growth since January 2025. The stablecoin market cap on Tron reached a new all-time high of $84.5 billion, and network transaction activity surged to a record 342 million.
Despite the strong fundamentals, technical analysis presents a mixed picture. TRX is currently trading below the 20-day Bollinger Bands midline, with its Relative Strength Index (RSI) around 34, indicating bearish momentum but potential for a short-term bounce. Analyst SilverBullet has expressed a bearish view, suggesting TRX is overvalued and could "dump hard." Key support is seen at $0.27, with a breakdown potentially leading to $0.25, while a reclaim of the $0.30 resistance level could trigger a rally toward $0.32.
