TRX is trading around the psychological $0.30 level, with a market capitalization of about $30 billion, after falling from $0.35. Its break below an ascending trend channel and technical indicators show that sellers are in control, while $0.33 could act as resistance if the price retests the rising trendline. Meanwhile, Justin Sun has asked the court to sanction World Liberty Financial for failing to disclose information, following the freezing of his $45 million investment stake in April. TRON also recorded more than $19.4 billion in stablecoin transfers over 24 hours, ahead of USDT on Ethereum and Base. Tron Inc. bought another 154,400 TRX tokens for $49,760 and now holds more than 721.9 million tokens.
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