Tron (TRX) is witnessing a surge in price, climbing above the crucial $0.34 level and reaching a new all-time high despite recent volatility. This uptick in price is attributed to a combination of factors: Tron’s significant buyback program totaling $1 billion, driving increased whale accumulation and market confidence; robust on-chain activity, with over eight million USDT transactions processed weekly, highlighting the efficiency of the ecosystem; and the ongoing development of DeFi applications that further fuel investor interest. 3.1 Billion TRX tokens are now being bought back from circulation through this initiative, potentially setting up sustained price growth in the coming months.