TRON (TRX) price has been moving up and down due to speculations that it might be included in the US strategic crypto reserve, announced recently by President Donald Trump.
U.S. President Donald Trump named Bitcoin, Ethereum, XRP, Solana, and Cardano as part of the crypto reserve on Sunday night. TRON’s founder, Justin Sun, hinted that TRX could also be added, sparking investor interest. While TRX initially saw a price jump, it has recently declined due to market trends.
Additionally, Sun expressed strong support for former President Donald Trump’s pro-crypto stance, stating that TRON will fully back Trump’s cryptocurrency strategy and remain his most loyal supporter
Justin Sun suggested that TRON could play a role in Trump’s crypto plans, leading to a price rebound. Trump’s announcement on Truth Social, listing top cryptocurrencies for a strategic reserve, caused a market surge, adding $300 billion to the crypto market. Bitcoin even jumped past $90,000.
TRON’s price is still moving sideways, but Sun’s hints have fueled speculation. Investors are watching closely to see if TRX gets included in future crypto policies.
As of March 3, 2025, TRX is trading at $0.2286 after a 6% decline. The price has pulled back following an earlier surge, mirroring Bitcoin’s drop below $90K.
TRX is now testing key support at $0.23, with the next support level at $0.22. A further drop could push the price toward $0.20. On the upside, resistance remains at $0.24 and $0.25, with a potential rally to $0.28 if TRX regains momentum.
Also Read: Trump has Turned Crypto Into a U.S. Weapon: CryptoQuant CEO
