TRX Surges 4.51% as Tron Inc. Nasdaq Listing and Network Milestones Drive Bullish Momentum

TRXUSDT has experienced a 4.51% price increase over the past 24 hours, currently trading at $0.3152 on Binance. The recent price movement is attributed to several key developments: SRM Entertainment's rebranding to Tron Inc. and its upcoming Nasdaq listing under the ticker 'TRON', making it the largest publicly traded corporate holder of TRX, has generated significant market interest. Additionally, TRON network milestones—including a record USDT supply of $81.7 billion, daily active addresses above 2.7 million, and strong transaction fee revenue—have reinforced positive sentiment. Technical analyses highlight a bullish structure, with TRX consolidating above $0.3000 and analysts watching for a breakout, supported by increased trading volumes and narrowing Bollinger Bands indicating a potential volatility-driven move.

Currently, TRXUSDT is trading at $0.3152 with a 24-hour trading volume of approximately $3.2 billion, a market capitalization near $29.54 billion, and a circulating supply of about 94.75 billion tokens, reflecting heightened market activity and strong investor engagement.