Tron Inc. strengthened its cryptocurrency treasury strategy after announcing on Monday, February 16, that it acquired 177,925 TRX tokens at an average price of $Tron Inc. strengthened its cryptocurrency treasury strategy after announcing on Monday, February 16, that it acquired 177,925 TRX tokens at an average price of $

TRX Price Struggles Near $0.28 Even as Tron Inc. Signals Long-Term Confidence

2026/02/17 08:29
3 min read

Tron Inc. strengthened its cryptocurrency treasury strategy after announcing on Monday, February 16, that it acquired 177,925 TRX tokens at an average price of $0.28. 

The NASDAQ-listed company’s latest purchase pushes its total TRX reserves beyond 681.9 million tokens, reinforcing its long-term commitment to the Tron ecosystem and signaling continued corporate confidence in blockchain-based treasury diversification and digital asset accumulation initiatives globally.

The company emphasized that the acquisition forms part of a broader plan to expand its Tron Digital Asset Treasury holdings. 

By steadily increasing exposure to TRX rather than pursuing short-term trades, Tron Inc. aims to enhance shareholder value through potential asset appreciation while aligning corporate strategy with the evolving role of cryptocurrencies in institutional finance.

Also Read: Tron (TRX) Seasonality: April Tops Returns With a Massive 176.2% Monthly Gain

Tron (TRX) Faces Downside Pressure After Failed Recovery

Despite the institutional investment, TRX, the native token of the Tron network, is showing renewed weakness after failing to sustain its recent recovery, according to crypto analyst Umair Crypto, as of Monday, February 16. 

Following a breakout from consolidation, the asset briefly reclaimed its 200-day simple moving average but quickly lost momentum. Prices retraced toward the $0.32 region before sellers regained control, pushing the token back below critical long-term support levels.

Technically, TRX has printed a lower low at a price of $0.2685, which has confirmed weakness in the market. The token is currently trading at $0.28, with a small move up but not much follow-through. 

Umair Crypto has stated that TRX has been trading within a large consolidation pattern for more than 400 days, with a change in price action from a lower high to a lower low.

Source: Umair Crypto X Post

Market participants are paying close attention to the $0.2455 area. They believe that this area represents an important support level. The $0.2455 area aligns with the point of control and represents an important liquidity cluster. 

If bearish momentum accelerates, market participants believe that this area will likely be important as part of a range breakdown.

Further caution arises from the performance of TRX relative to Bitcoin, with the token trading close to its relative highs. Umair Crypto also points to possible weaknesses in the relative strength index, which may imply weakening momentum. 

If the trendline of the RSI breaks decisively, it may imply a change in relative strength, which could cause further downward pressures on the TRX/USDT pair in the short-term outlook.

Also Read: TRON Price Prediction 2026: Can TRX Break $0.30 and Rally to $0.40?

Market Opportunity
Tron Logo
Tron Price(TRX)
$0.2843
$0.2843$0.2843
+0.81%
USD
Tron (TRX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Horror Thriller ‘Bring Her Back’ Gets HBO Max Premiere Date

Horror Thriller ‘Bring Her Back’ Gets HBO Max Premiere Date

The post Horror Thriller ‘Bring Her Back’ Gets HBO Max Premiere Date appeared on BitcoinEthereumNews.com. Jonah Wren Phillips in “Bring Her Back.” A24 Bring Her Back, a new A24 horror movie from the filmmakers of the smash hit Talk to Me, is coming soon to HBO Max. Bring Her Back opened in theaters on May 30 before debuting on digital streaming via premium video on demand on July 1. The official logline for Bring Her Back reads, “A brother and sister uncover a terrifying ritual at the secluded home of their new foster mother.” Forbes‘South Park’ Season 27 Updated Release Schedule: When Do New Episodes Come Out?By Tim Lammers Directed by twin brothers Danny Philippou and Michael Philippou, Bring Her Back stars Billy Barratt, Sora Wong, Jonah Wren Philips, Sally–Anne Upton, Stephen Philips, Mischa Heywood and Sally Hawkins. Warner Bros. Discovery announced on Wednesday that Bring Her Back will arrive on streaming on HBO Max on Friday, Oct. 3, and on HBO linear on Saturday, Oct. 4, at 8 p.m. ET. Prior to the debut of Bring Her Back on HBO on Oct. 4, the cable outlet will air the Philippou brothers’ 2022 horror hit Talk to Me. ForbesHit Horror Thriller ’28 Years Later’ Is New On Netflix This WeekBy Tim Lammers For viewers who don’t have HBO Max, the streaming platform offers three tiers: The ad-based tier costs $9.99 per month, while an ad-free tier is $16.99 per month. Additionally, an ad-free tier with 4K Ultra HD programming costs $20.99 per month. The Success Of ‘Talk To Me’ Weighed On The Minds Of Philippou Brothers While Making ‘Bring Her Back’ During the film’s theatrical run, Bring Her Back earned $19.3 million domestically and nearly $19.8 million internationally for a worldwide box office tally of $39.1 million. Bring Her Back had a production budget of $17 million before prints and advertising, according to The Numbers.…
Share
BitcoinEthereumNews2025/09/18 09:23
Russia Sees $648M In Daily Crypto Transactions As Gov Pushes Regulation

Russia Sees $648M In Daily Crypto Transactions As Gov Pushes Regulation

The post Russia Sees $648M In Daily Crypto Transactions As Gov Pushes Regulation appeared on BitcoinEthereumNews.com. Russia’s finance ministry and central bank
Share
BitcoinEthereumNews2026/02/17 09:52
Republicans handed major loss in court over swing state voter lawsuit

Republicans handed major loss in court over swing state voter lawsuit

Republicans just suffered a significant setback in North Carolina ahead of this fall's midterm elections, where they're hoping to stop Democrats from flipping a
Share
Alternet2026/02/17 09:52