TRON’s TRX Sees Price Lift Amid Major Upgrade and Security Breach Drama

Despite dealing with a recent security scare, TRON’s native token TRX has managed to stay in positive territory, buoyed by a fresh network upgrade that drew investor attention.

The price of TRX has hovered near $0.24, up 7% on the month, even after hackers briefly took control of TRON DAO’s official X (formerly Twitter) account to promote a fraudulent scheme. That incident triggered concern across the community, but TRX prices showed resilience, trading flat to slightly higher on the day.

The network upgrade appears to have provided a lift in both token value and blockchain activity. According to TronScan data, daily transactions jumped 15%, crossing the 5.8 million mark just hours after the upgrade was completed. Trading volumes also spiked over 40% during the same window, suggesting a wave of renewed engagement.

However, the momentum was briefly overshadowed by the hack. The compromised social media account was used to spread malicious links and siphon funds from unsuspecting users. In response, TRON founder Justin Sun publicly urged crypto exchange OKX to freeze wallets tied to the stolen assets, providing wallet addresses and transaction IDs as evidence.

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OKX founder Star Xu responded by confirming that the exchange would cooperate with law enforcement and consider temporarily freezing assets if the evidence holds up — though formal legal procedures would still be needed to enforce longer-term actions.

Despite the turbulence, market sentiment surrounding TRX has remained cautiously optimistic. The upgrade appears to have rekindled interest in the protocol, and if the platform successfully mitigates the effects of the security breach, TRON may continue building momentum through Q2.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.