Tron Inc. RINGS NASDAQ BELL AFTER $100M REVERSE MERGER AS TRX SURGES TO 9TH LARGEST CRYPTO WITH 30% VOLUME SPRIKE

Tron Inc. (Nasdaq: TRON) marked a significant milestone on July 24, 2025, by ringing the opening bell at the Nasdaq Stock Exchange in New York City’s Times Square. The ceremony, led by founder and CEO Justin Sun, symbolizes the company’s evolution from a blockchain-based entertainment and digital asset platform to a publicly traded entity following a $100 million reverse merger with SRM Entertainment [2]. The event has drawn attention from both crypto enthusiasts and institutional investors, underscoring Tron’s strategic push to bridge traditional finance with blockchain innovation [1].

The ceremony followed a period of mixed on-chain activity. While the Tron network’s Total Value Locked (TVL) declined by $136 million in the week preceding the event [3], indicating broader crypto market volatility or shifting capital allocations, the network processed $2.9 billion in USDT transactions over seven days, with 70% directed to Binance. Analysts speculate this could signal institutional accumulation [4]. Meanwhile, Tron’s native token, TRX, surged to ninth place in cryptocurrency market capitalization, driven by a 30% spike in 24-hour trading volume to $1.64 billion [5].

The company’s ecosystem has also shown resilience, with $80 billion in stablecoins now held on the Tron network and $25.7 million in net TRX inflows over recent weeks [7]. Futures open interest has risen 19%, reflecting heightened expectations of price volatility [7]. Justin Sun emphasized the ceremony as “a major step for our community,” while industry observers highlight that Nasdaq exposure could attract institutional capital seeking blockchain infrastructure [6]. However, analysts note that retail engagement remains limited compared to leading protocols, and maintaining TVL growth will be a challenge [8].

The Nasdaq debut aligns with broader altcoin optimism, as investors seek undervalued assets amid macroeconomic shifts. Whale activity further supports a bullish outlook, with large holders accumulating positions ahead of anticipated upgrades [9]. Tron’s ability to sustain momentum will depend on ecosystem development, macroeconomic conditions, and the visibility gained from its Nasdaq listing [10].

Source: [1] Binance, [2] AInvest, [3] BeInCrypto, [4] AInvest, [5] AInvest, [6] Barchart.com, [7] TechBullion, [8] Coindoo, [9] Disruptafrica, [10] NewsBreak.

References:

[1] Binance, “TRON To Ring Nasdaq Opening Bell” https://www.binance.com/en/square/post/27376833113537

[2] AInvest, “Tron Inc. to Ring Nasdaq Bell After $100M Merger” https://www.ainvest.com/news/tron-ring-nasdaq-bell-july-24-2025-100m-reverse-merger-srm-entertainment-2507/

[3] BeInCrypto, “Tron’s TVL Dips Ahead of Nasdaq Bell” https://beincrypto.com/tron-tvl-drops-nasdaq-bell-ceremony/

[4] AInvest, “Tron Surges to 9th Largest Cryptocurrency Market Cap” https://www.ainvest.com/news/tron-surges-9th-largest-cryptocurrency-market-cap-30-volume-spike-nasdaq-appearance-drive-momentum-2507/

[5] TipRanks, “Tron to Ring Nasdaq Opening Bell” https://www.tipranks.com/news/company-announcements/tron-to-ring-nasdaq-opening-bell-on-july-24

[6] Barchart.com, “Tron Inc. To Ring Nasdaq Opening Bell” https://www.barchart.com/story/news/33588304/tron-inc-to-ring-the-nasdaq-opening-bell-on-july-24-2025

[7] TechBullion, “BlockDAG’s Miners Demo” [2]

[8] Coindoo, “BlockDAG’s X1+X10 Demo” [3]

[9] Disruptafrica, “Top 8 Cheap Crypto to Consider” [4]

[10] NewsBreak, “Tron Inc. Debuts on Nasdaq Today” https://www.newsbreak.com/tradingkey-331884976/4129753728573-tron-inc-debuts-on-nasdaq-today-will-trx-see-a-price-rebound