TRON (TRX) Price Rises as Judge Sides with Justin Sun Over SEC in Key Legal Battle

TRON (TRX) price recently experienced a notable increase, rising over 15% in the past week. This uptick coincides with a broader recovery across global markets

TRON (TRX) price recently experienced a notable increase, rising over 15% in the past week. This uptick coincides with a broader recovery across global markets, signaling a positive shift for investors. The surge reflects a growing confidence in TRX, fueled by sustained bullish momentum in the cryptocurrency sector.

TRON Price Rises as Judge Sides with Justin Sun Over SEC in Key Legal Battle

TRON Price prevailed in a recent legal decision. As previously reported by Coingape media, a New York federal judge dismissed the SEC’s motion to hasten the lawsuit it filed against the Tron Foundation and its CEO, Justin Sun.

The court’s ruling delayed the SEC’s attempt to sort out initial legal issues before possibly going to trial. The SEC had sought an earlier pre-trial meeting and the ability to file more documents in its case involving Tron, the BitTorrent Foundation, and Rainberry Inc. This development represents a legal hiccup for the SEC in its enforcement efforts.

TRON Price Surges: Meme Leaders Eager to Integrate Platforms with TRX

TRON Price is set for a massive surge as key meme community leaders are all set to integrate their platforms. In a recent interaction, the leader discussed their plans to shift millions of users into the growing TRX ecosystem, which is expected to boost network activity and escalate Tron’s overall value.

Today, I talked with several major meme community leaders about the meme ecosystem on Tron. They said they plan to bring millions of users ? to the Tron community and can’t wait to join the Tron ecosystem as soon as possible. They’re already here—what about you? TO THE SUN?

— H.E. Justin Sun 孙宇晨(hiring) (@justinsuntron) August 19, 2024

Justin Sun highlighted their eagerness to tap into the Tron network, anticipating a significant uptick in user engagement. This development is expected to position Tron as a central hub for meme coin enthusiasts.

TRON Price Analysis: TRX Surges 6%, More Gain Ahead?

Over the past 24 hours, the Tron price has seen a substantial rise. At press time, the TRX price hovered at $0.1461 during U.S. trading hours, notching a strong surge of 6%. Tron has climbed into the top 10 cryptocurrencies by market cap, surpassing Cardano, and now holds the 10th position with a market capitalization of $12 billion.

TRON price shows signs of a bullish trend, with its value rising. If this upward trend holds, we could see the price reaching as high as $0.2 and even touching a new all-time high at $0.3.

According to CoinMarketCap, the trading volume has surged by 151% to $784 million, indicating robust market activity and growing investor interest in TRX.

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