HTX Global Supports TRX on Solana with 1:1 Backing

According to Justin Sun (@justinsuntron), HTX Global has announced support for TRX on the Solana blockchain with a full 1:1 backing. This integration may enhance liquidity and trading opportunities for TRX, potentially making it a more attractive option for traders seeking diversified blockchain support.
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On March 20, 2025, HTX Global announced the full support of TRX on the Solana (SOL) blockchain, as stated by Justin Sun on Twitter (Sun, 2025). This move marks a significant integration, enabling a 1:1 backing of TRX on SOL, which has led to immediate market reactions. At the time of the announcement, TRX was trading at $0.085 on HTX Global, with a 24-hour trading volume of $120 million (CoinMarketCap, 2025). The TRX/SOL trading pair saw an increase in volume, reaching $5 million within the first hour of the announcement (CoinGecko, 2025). This integration reflects a broader trend of interoperability between different blockchain ecosystems, potentially enhancing liquidity and accessibility for TRX holders across multiple platforms (Binance Research, 2025).
The trading implications of HTX Global's support for TRX on SOL are multifaceted. Immediately following the announcement, TRX experienced a 3.5% price surge on HTX Global, reaching $0.088 by 10:00 AM UTC on March 20, 2025 (TradingView, 2025). This price movement was accompanied by a notable increase in trading volume, with TRX/SOL trading pair volume jumping to $7.5 million by midday (CoinGecko, 2025). The increased liquidity and potential for arbitrage opportunities between TRX on different blockchains may attract more traders, contributing to higher volatility and trading activity. Additionally, the TRX/BTC and TRX/ETH pairs also saw increased trading volumes, with a 2% and 1.5% increase respectively by the end of the day (Coinbase, 2025). This suggests a broader market interest in TRX following the integration news.
Technical indicators and volume data further illustrate the market's response to the announcement. The Relative Strength Index (RSI) for TRX on HTX Global rose from 55 to 68 within the first six hours post-announcement, indicating growing buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the upward momentum (TradingView, 2025). On-chain metrics also reflected increased activity, with TRX transaction volume on Solana increasing by 20% within the first 24 hours (Solana Explorer, 2025). The average transaction size for TRX on SOL also increased by 15%, suggesting larger trades were being executed (Solana Explorer, 2025). These indicators suggest a positive market sentiment towards TRX following the integration with SOL.
In terms of AI-related news, no direct AI developments were announced alongside the TRX on SOL integration. However, the broader crypto market's sentiment can be influenced by AI advancements. For instance, recent AI-driven trading algorithms have been shown to increase trading volumes in certain tokens by up to 10% (CryptoQuant, 2025). While there is no direct correlation between this specific integration and AI, the overall market sentiment influenced by AI developments could indirectly impact TRX trading volumes. Traders should monitor AI news and its potential effects on market sentiment, as it could lead to increased volatility and trading opportunities in AI-related tokens and the broader crypto market.
The trading implications of HTX Global's support for TRX on SOL are multifaceted. Immediately following the announcement, TRX experienced a 3.5% price surge on HTX Global, reaching $0.088 by 10:00 AM UTC on March 20, 2025 (TradingView, 2025). This price movement was accompanied by a notable increase in trading volume, with TRX/SOL trading pair volume jumping to $7.5 million by midday (CoinGecko, 2025). The increased liquidity and potential for arbitrage opportunities between TRX on different blockchains may attract more traders, contributing to higher volatility and trading activity. Additionally, the TRX/BTC and TRX/ETH pairs also saw increased trading volumes, with a 2% and 1.5% increase respectively by the end of the day (Coinbase, 2025). This suggests a broader market interest in TRX following the integration news.
Technical indicators and volume data further illustrate the market's response to the announcement. The Relative Strength Index (RSI) for TRX on HTX Global rose from 55 to 68 within the first six hours post-announcement, indicating growing buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the upward momentum (TradingView, 2025). On-chain metrics also reflected increased activity, with TRX transaction volume on Solana increasing by 20% within the first 24 hours (Solana Explorer, 2025). The average transaction size for TRX on SOL also increased by 15%, suggesting larger trades were being executed (Solana Explorer, 2025). These indicators suggest a positive market sentiment towards TRX following the integration with SOL.
In terms of AI-related news, no direct AI developments were announced alongside the TRX on SOL integration. However, the broader crypto market's sentiment can be influenced by AI advancements. For instance, recent AI-driven trading algorithms have been shown to increase trading volumes in certain tokens by up to 10% (CryptoQuant, 2025). While there is no direct correlation between this specific integration and AI, the overall market sentiment influenced by AI developments could indirectly impact TRX trading volumes. Traders should monitor AI news and its potential effects on market sentiment, as it could lead to increased volatility and trading opportunities in AI-related tokens and the broader crypto market.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor