Tron Whale Activity Surges 500% Following Trump's Inauguration and WLFI's $4.7M TRX Acquisition
Tron
$TRX ) has experienced a significant surge in demand, driven by institutional interest and high-profile investments following Donald Trump’s inauguration. TRX climbed 13% this week to reach $0.25 on Thursday, outperforming major cryptocurrencies like Bitcoin, Ethereum, and Cardano. The boost comes in the wake of World Liberty Financial (WLFI), a cryptocurrency investment firm associated with the Trump family, purchasing 19.3 million
$TRX tokens worth $4.7 million.
The spike in whale activity is a strong indicator of growing institutional interest. On-chain analytics reveal that major TRX transactions exceeding $100,000 surged by 500% earlier this week. According to Arkham Intelligence, WLFI’s strategic acquisition of TRX has positioned Tron to capitalize on this momentum. The Tron blockchain recorded a staggering $208.4 million in significant transactions on Monday alone, signaling heightened activity among large-scale investors.
Justin Sun, the founder of Tron, informed the community of WLFI's rapid purchases, further fueling market excitement. This move has solidified
$TRX s position as a standout performer, with demand from whales and institutions skyrocketing. Sun’s prior $10 million investment in WLFI back in November 2024 appears to have laid the groundwork for this collaboration, boosting confidence in Tron's future growth.
Institutional adoption and strategic investm
#VeThorOnBinance #JENNER