- TRON Foundation denied a $11 TRX price surge rumor, confirming stability at $0.32 as of July 29, 2025.
- Unverified social media claims falsely amplified TRX's value, but no official data supports the alleged surge.
- Foundation urged investors to rely on official dashboards and exchanges to avoid misinformation risks.
- Price stability at $0.32 aims to build trust and ensure predictable market conditions for long-term adoption.
- The incident highlights crypto markets' vulnerability to rumors, reinforcing transparency as a critical defense mechanism.
TRON Foundation has issued a formal statement addressing persistent rumors circulating in cryptocurrency markets regarding an alleged $11 surge in the price of TRX, its native token. The foundation categorically denied the claims, reiterating that verified data confirms TRX remains stable at approximately $0.32 as of July 29, 2025 [1]. This clarification follows unverified reports on social media platforms and unofficial channels that falsely amplified the token’s value, creating confusion among investors.
The foundation emphasized that no official announcements, market activities, or exchange data support the $11 price surge. TRON’s own price tracking tools and major cryptocurrency exchanges consistently show TRX trading near $0.32, with transaction volumes and liquidity remaining consistent across platforms [1]. Founder Justin Sun and the organization’s official channels have maintained silence on the rumor, focusing...
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