Tron (TRX) Surges 5% as Tether Mints $1 Billion USDT Ahead of Nasdaq Listing

The Tron ecosystem is on the brink of significant changes as Jason Sun's firm gears up for a Nasdaq listing. Tron (TRX) has demonstrated a strong recovery from its monthly lows, surging from $0.2592 to a daily high of $0.2722. This resurgence is driven by Tether's decision to mint an additional $1 billion in USDT on the Tron network on June 22, 2025, a move aimed at replenishing its inventory and signaling a bullish outlook for the Tron ecosystem.

This recent USDT minting is part of a pattern; a similar minting occurred on June 9, 2025, when Tether also minted $1 billion on the network. These frequent mints indicate that Tether is preparing for increased demand for stablecoins on the Tron network. This anticipation is backed by the growing activity on Tron, with the 50-day and 100-day moving averages of active addresses reaching their highest levels to date. Furthermore, the network saw a 30% increase in transactions compared to February, underscoring a surge in user engagement and network utilization.

The bullish narrative for Tron is reinforced by the recent announcement of its public listing on Nasdaq through a reverse merger. This development, combined with the frequent USDT mints, suggests a positive trajectory for the token's future. The listing is facilitated by Dominari Securities, a firm with notable figures on its advisory board, which adds to the credibility and visibility of Tron's upcoming Nasdaq listing.

Traders are closely monitoring the price movements of Tron (TRX), seeking bullish signals. The token rebounded swiftly after testing the support at $0.26, aligning with the high-timeframe support. Although the latest dip disrupted the trend of achieving higher highs and lower lows, the overall structure remains robust. Analysts predict a potential path to $0.31, considering the current bullish indicators and the impending Nasdaq listing.

The Tron ecosystem's preparations for a Nasdaq listing, along with the strategic USDT mints, indicate a thriving and expanding network. The increased activity and user engagement, coupled with the bullish outlook from analysts, suggest that Tron is well-positioned for further growth and development. As the ecosystem continues to evolve, traders and investors will be closely watching these developments, anticipating their potential impact on the token's price and the overall market sentiment.