TRON price rises 5.31% above November 1 UTC close as network data stays strong
Published on 11/02/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTRON market context in focus
- TRX was quoted at 0.318662 USD on the Investing.com TRON page read on November 2, 2026 at 13:20:51.
- That price was 5.31% above Kinzan's verified November 1 UTC daily close of 0.3026 USD.
- Q3 data showed 2.21 trillion USD in stablecoin settlement and 18 million average rolling monthly active addresses.
- Recent Binance-related flows created unusual volatility, but their positive effect on TRX's price remains unproven.
TRON price was quoted at 0.318662 USD on the Investing.com TRON page read on November 2, 2026 at 13:20:51. The price was 5.31% above Kinzan's verified November 1 daily close of 0.3026 USD at 00:00 UTC, using the unrounded values before rounding. Investing.com also showed a 24-hour volume of 919.27 million USD, a market capitalization of 30.38 billion USD and a market-cap ranking of 8.
The comparison is a UTC daily-close calculation, not a rolling 24-hour performance figure. TRX trades continuously, so the current quote and the November 1 close describe different points in time. Investing.com's page listed a daily range of 0.317165 to 0.329622 USD and a 52-week range of 0.268283 to 0.376886 USD.
Network use remains the central case
Underlying network activity offers a separate reference point for investors. A GlobeNewswire release from TRON, citing CoinDesk Data and Nansen reports, said the network settled 2.21 trillion USD in stablecoins during the third quarter of 2026. Average daily settlement rose 3.9% to 24.05 billion USD, while average rolling monthly active addresses increased 9.8% quarter over quarter to 18 million. The release also reported 11.68 million successful transactions per day on average.
The same release said TRON accounted for approximately 73% of stablecoin transfer volume at the end of Q3. USDT on TRON reached just over 92.7 billion USD, and the network's share of total USDT market capitalization reached 50.6% in mid-September. These figures describe network usage and stablecoin balances, not a guaranteed valuation for TRX.
Volatility after Binance incident
Recent market conditions have added a short-term complication. 24/7 Wall St. reported that approximately 628 million USD linked to the Binance incident moved through the TRON network. The report noted that fees paid in TRX are burned, but it also cautioned that more evidence was needed before linking those flows to the token's price increase. The episode therefore highlights both network utility and event-driven trading risk.
For investors, the TRON price should be assessed alongside stablecoin settlement, user activity and liquidity conditions rather than against a single intraday move. The project also gained broader institutional access in Q3 when Canary Capital launched the first U.S. spot staked TRX exchange-traded fund, according to the GlobeNewswire release. Those developments improve market access, but they do not remove exposure to crypto-wide volatility, issuer concentration in stablecoins or changing exchange conditions.
More coverage is available on the TRON topic page.
