Tron to Boost Bitcoin Holdings After Binance’s $1B Reserve Shift

Tron founder Justin Sun announced that the network plans to increase its Bitcoin holdings, citing Binance’s decision to convert $1 billion of stablecoins into Bitcoin. The announcement comes at a time when the crypto market is trading below the $3 trillion mark.

Justin Sun, the founder of Tron, announced this on the social media platform X. Sun stated that Tron will do so “in response to Binance’s call.” This announcement links the Tron plan to the Binance plan.

The Binance announcement comes as the crypto exchange confirms that it will convert its Secure Asset Fund for Users (SAFU) into Bitcoin. The conversion will happen over the next 30 days.

Tron Outperforms Bitcoin During Market Sell-Off

The conversion comes as the crypto market faced a crash on Thursday. The crash led to a 6% drop in Bitcoin’s value over the last 24 hours. TRX, however, faced a drop of only 1.71% over the same period.

Retail sentiment on TRX changed from bearish to neutral over the course of a single day. Bitcoin, however, faced extremely bearish sentiment. The chatter levels were high on Bitcoin but normal on Tron.

The pressure on the crypto market remained high, leading to $1.7 billion in liquidations over the last 24 hours. The pressure caused Bitcoin to fall to its lowest point since November.

However, Sun’s latest statement placed Tron alongside Binance during the period. This was a significant move, especially considering the decline in the value of Bitcoin. The move also emphasized TRX’s relevance in the market.

Also Read: Bitcoin’s (BTC) 7% Plunge as Gold Rally Defies Bulls

Other activities in the cryptocurrency space, in which Sun was a part, are also relevant to the period. Sun partnered with Donald Trump’s cryptocurrency projects in the last quarter of 2024. Sun invested $75 million in the Trump-associated World Liberty Financial (WLFI).

Sun’s WLFI Role and Regulatory Backdrop

However, Sun later became an advisor to WLFI. Sun also appeared at public events alongside Eric Trump. Both Sun and Eric Trump collaborated to promote their respective cryptocurrency projects.

Regulatory actions also affected the environment at the time. The Securities and Exchange Commission dropped a civil case involving Sun in 2023. The case had accusations related to TRX market manipulation.

By mid-2025, Sun had over $100 million in the Official Trump memecoin. WLFI launched its stablecoin, USD1, on the Tron network in June 2025.

However, WLFI froze Sun’s assets, valued at over $100 million, in September. The company asserted that disputes over the transfer led to the decision.

However, Sun claimed that no buying and selling took place. The status of the issue is unclear, and neither has issued updates regarding the dispute.

Also Read: TRON (TRX) Compresses Near $0.295 Resistance and Eyes Breakout Toward $0.320