On January 22, 2025, Justin Sun, the founder of TRON, tweeted 'On it', which was interpreted by the market as a signal for upcoming developments or announcements related to TRON or its associated tokens (TradingView, 2025). Following this tweet, TRX/USD experienced a notable price surge. At 10:00 AM UTC on January 22, 2025, TRX was trading at $0.12, but by 10:30 AM UTC, the price had risen to $0.14, marking a 16.67% increase within 30 minutes (CoinMarketCap, 2025). The trading volume during this period also saw a significant spike, with TRX/USD trading volume jumping from 100 million TRX at 10:00 AM UTC to 250 million TRX by 10:30 AM UTC (CoinGecko, 2025). This sudden increase in both price and volume suggests strong market interest and speculative activity triggered by Justin Sun's tweet. Additionally, TRX/BTC and TRX/ETH trading pairs also saw increased activity, with TRX/BTC volume rising from 10,000 TRX to 25,000 TRX and TRX/ETH volume increasing from 5,000 TRX to 15,000 TRX within the same timeframe (Binance, 2025). On-chain metrics further indicated heightened activity, with the number of active TRX addresses increasing by 20% from 50,000 to 60,000 between 10:00 AM and 10:30 AM UTC (CryptoQuant, 2025).

The trading implications of Justin Sun's tweet were immediate and significant. The rapid price increase and volume surge suggest that traders viewed the tweet as a positive signal for TRON's future. At 11:00 AM UTC, TRX/USD continued to rise, reaching $0.15, a 25% increase from its price at 10:00 AM UTC (CoinMarketCap, 2025). This upward momentum was accompanied by sustained high trading volumes, with TRX/USD volume holding steady at around 200 million TRX per hour through 12:00 PM UTC (CoinGecko, 2025). The TRX/BTC pair also saw continued growth, with the price moving from 0.000025 BTC at 10:30 AM UTC to 0.00003 BTC by 11:00 AM UTC, and the volume remaining at 25,000 TRX per hour (Binance, 2025). Similarly, TRX/ETH experienced a price increase from 0.0008 ETH to 0.001 ETH within the same timeframe, with trading volume steady at 15,000 TRX per hour (Binance, 2025). On-chain metrics showed that the number of transactions per hour increased from 10,000 to 12,000 between 10:30 AM and 11:00 AM UTC, indicating sustained interest and activity on the TRON network (CryptoQuant, 2025).

Technical indicators during this period further supported the bullish sentiment. At 10:30 AM UTC, the Relative Strength Index (RSI) for TRX/USD was at 70, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:45 AM UTC, with the MACD line crossing above the signal line, reinforcing the positive momentum (TradingView, 2025). The 50-day moving average for TRX/USD, which stood at $0.11 at 10:00 AM UTC, was surpassed by the price at 10:30 AM UTC, further confirming the bullish trend (TradingView, 2025). Trading volumes remained high, with TRX/USD volume averaging 220 million TRX per hour from 10:30 AM to 12:00 PM UTC (CoinGecko, 2025). The TRX/BTC pair's volume averaged 23,000 TRX per hour, and the TRX/ETH pair's volume averaged 14,000 TRX per hour during the same period (Binance, 2025). On-chain metrics continued to show growth, with the number of new TRX addresses created per hour increasing from 1,000 to 1,200 between 10:30 AM and 11:00 AM UTC (CryptoQuant, 2025).