Tron Inc. Nasdaq Listing Drives 30% TRX Volume Spike to $1.64B

Tron Inc. (Nasdaq: TRON) marked a significant milestone on July 24, 2025, by listing on the Nasdaq Stock Exchange through a $100 million reverse merger with SRM Entertainment, a move positioning it as a blockchain-driven entertainment and finance entity [1]. The debut, led by founder and CEO Justin Sun during the iconic bell-ringing ceremony in New York City’s Times Square, underscores the company’s evolution into a publicly traded entity focused on integrating blockchain technology with traditional markets [2]. The listing catalyzed a 30% surge in TRX trading volume to $1.64 billion, signaling growing institutional interest and validating Tron’s strategic pivot [5].

The reverse merger aligns with broader industry trends of merging blockchain innovation with mainstream finance, a strategy highlighted by financial analysts like Donald Lee, who noted, “This positions Tron uniquely to capitalize on emerging digital opportunities” [4]. Tron’s native token, TRX, climbed to a 0.31 USD price, with a 16.03% gain over 60 days and a market capitalization of $29.83 billion, securing its position as the ninth-largest cryptocurrency [5]. Meanwhile, the Tron network processed $2.9 billion in USDT transactions over seven days, with 70% directed to Binance, potentially reflecting institutional accumulation [3].

Despite the momentum, challenges persist. The week prior to the listing, the Tron network’s Total Value Locked (TVL) declined by $136 million, mirroring broader market volatility [3]. However, the ecosystem has shown resilience, with $80 billion in stablecoins held on the network and $25.7 million in net TRX inflows over recent weeks [7]. Futures open interest increased 19%, suggesting heightened expectations for price volatility [7]. Analysts caution that regulatory scrutiny could accompany Tron’s public listing, given its elevated institutional visibility, though decentralized finance growth may drive further adoption [5].

Sun emphasized the Nasdaq listing as “a major step for our community,” with industry observers noting its potential to attract institutional capital seeking blockchain infrastructure [6]. The company’s ability to sustain momentum hinges on ecosystem development, macroeconomic conditions, and the visibility gained from its Nasdaq debut [10]. While the reverse merger provides a capital boost, balancing growth ambitions with execution risks in a volatile market remains critical [10].

Source: [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.