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Tron (TRX) has captured attention by gaining 7% in value over the past 24 hours. This price increase is attributed to Justin Sun, the founder of the Tron blockchain, who has invested in the meme token ecosystem and launched new projects. With daily trading volume surging by 62% to reach $1.23 billion, TRX has rebounded from a support level of $0.21. Expectations are growing that Tron can maintain its upward trend and potentially reach the $1 mark.
TRX Price Analysis and Upside Potential
Recently, Tron made a strong rebound from its support level. Finding buyers at $0.21, TRX climbed to $0.24 with a 15% recovery. Technical indicators suggest sustained buying pressure, indicating that prices may test higher levels.
Crypto analyst Javon Marks predicts that TRX could reach $1.11 on a logarithmic scale. According to Marks, if the current trend continues, TRX has the potential for approximately a 516% increase. Investors believe the rise in trading volume is also contributing to strong momentum.
Tron Meme Token Activity and Integration Plans
Activity within the meme token ecosystem has surged due to Justin Sun’s interest in multiple projects. Recently, the SunPump.meme platform witnessed 122 new token launches daily, marking the first time in four months that the figure exceeded 100. A total of 95,573 tokens were produced, generating transaction fees of 36,374,191 TRX.
Justin Sun announced plans for a project aiming to integrate TRX into the Solana 
$128 blockchain. While details are still unclear, this development raises expectations for expanding TRX’s ecosystem. There is significant interest in this new initiative from both Solana and Tron communities.
The increase in meme token projects on the Tron blockchain positively impacts network usage and transaction volume. Justin Sun clarified that he would not personally profit from these Tron-based meme token projects, stating that the proceeds will be allocated to charitable causes.
As developments within the Tron ecosystem heighten investor interest, expectations for TRX price appreciation strengthen. New projects, rising trading volumes, and strong community support may enable Tron to secure a more prominent position in the cryptocurrency market.
