TRON price steadies as Binance-linked selling risk meets Q3 strength
Published on 11/03/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTRON balances usage and selling risk
- TRX was shown at 0.320021 USD on the Investing.com TRON page read on November 3, 2026.
- CoinDesk Research reported that TRON handled about 73% of stablecoin volume in Q3 2026, while USDT on the network exceeded 92.7 billion USD.
- Analysts continue to monitor TRX linked to the Binance breach, after stolen stablecoins were converted into TRX and subsequent transfers raised supply concerns.
The TRON price is being assessed against two opposing forces: strong network usage in the third quarter and continued uncertainty over TRX linked to the Binance breach. The Investing.com TRON page read on November 3, 2026, showed TRX at 0.320021 USD. The page identified the TRX/USD market as real-time and listed a market capitalization of 30.31 billion USD, 24-hour volume of 566.84 million USD and a rank of 8.
Binance-linked supply remains a risk
Invezz reported on October 31 that attackers had taken 612.7 million USDT and 46.4 million TRX from a Binance hot wallet, citing TRM Labs. The same report said Bitquery identified a swap of 234 million USDT into TRX through SunSwap, at an average price of 0.367 USD per token. Later transfers and sales from wallets associated with the stolen funds added a potential supply overhang.
That sequence does not establish that the breach caused any particular price movement. It does, however, give investors a concrete market risk to monitor: further transfers from the identified wallet cluster could increase available supply, while the timing and size of any sales remain uncertain. Invezz also reported that Tether froze 378.7 million USDT in two attacker wallets, whereas the TRX itself could not be frozen.
Q3 data points to durable usage
Against that short-term risk, CoinDesk Research reported that TRON settled about 73% of global stablecoin volume in Q3 2026. USDT on the network reached just over 92.7 billion USD, while TRON's total value locked rose 26.6% quarter over quarter to 5.7 billion USD. Protocol fees reached 82.7 million USD, and average daily active users rose to 3.7 million.
The report also highlighted broader market access. The Canary Staked TRX ETF began trading on the Cboe BZX Exchange in September, while Bitnomial listed TRX products for eligible US traders and institutions. These developments expand the potential investor base, but they do not remove the token's exposure to crypto-market liquidity, regulation or concentrated wallet activity.
What investors should watch
The latest TRON price remains below the 0.37 USD level briefly reached during the initial conversion activity described by Invezz. The key distinction is between network fundamentals and immediate token flow: stablecoin settlement and fee generation describe usage over a quarter, whereas wallet transfers can affect liquidity over a much shorter period. Investors should therefore track further on-chain movements alongside stablecoin volumes, exchange liquidity and developments around the network's governance upgrades.
Further TRON coverage is available on the TRON topic page.
