Nasdaq-listed Tron Inc. bought another 152,316 TRX on Wednesday, lifting its corporate treasury past 701.7 million tokens. The purchase lands as Tron (TRX) network activity climbs to record highs.

The firm paid an average of $0.3283 per token, slightly under the current market price near $0.33. Meanwhile, on-chain demand and a tightening chart structure point to a setup few traders seem to be watching.

TRON now ranks as the eighth-largest cryptocurrency by market value, worth roughly $31 billion. The company says it aims to keep growing its TRX holdings to build long-term shareholder value.

Active Addresses Climb to Record Highs

Glassnode data shows the seven-day moving average of TRON active addresses pushing into record territory near 3.3 million. That figure sits well above the 1.5 million to 2 million band that capped the network through 2022 and 2024.

The metric spiked toward 3.7 million in late 2025 before settling at these elevated levels. Rising address counts indicate broadening network usage, which has historically tracked TRX price strength.

Daily transactions tell a similar story. Activity on the network recently climbed back toward record levels after a brief dip in April 2026, confirming that engagement remains strong.

The signal would weaken if the moving average fell back below 2 million and held there. For now, the trend favors the bulls and reinforces the corporate treasury accumulation story.

Tron (TRX) Eyes $0.45 Breakout From Ascending Triangle

On the weekly chart, TRX is carving an ascending triangle. Flat resistance runs across the $0.37 to $0.38 zone, while a rising trendline lifts off the late-2024 and early-2025 lows.

The Bollinger Band Width Percentile is expanding, a sign that volatility is building inside the pattern. A weekly close above $0.38 would target the December 2024 record near $0.43, then the $0.45 level drawn on the chart. That path implies gains of roughly 31% to 37% from current prices.

The daily chart adds detail. After topping at $0.3778, TRX corrected to the 0.618 Fibonacci retracement near $0.31, found support, and rebounded. Price now trades at $0.3288 and is testing the 0.382 Fibonacci level around $0.336. Volume ticked up during the pullback before easing on the recovery.

A rising trendline near $0.32 offers dynamic support beneath the breakout setup. The continued buying from Tron Inc., which follows a MicroStrategy-style treasury model, could supply the demand needed to clear resistance.

The thesis fails if TRX loses the 0.618 zone near $0.31 and the ascending trendline. Hold those levels, and the quiet accumulation may give way to a louder move.

Source: BeInCrypto