Is Tron Inc.'s Public Trading Debut Paving the Way for TRX Breakout at $0.32?

Tron (TRX) is poised for a potential breakout as it forms an ascending triangle around $0.32, indicating increased trader interest. The daily transactions on the TRON network have surpassed 9 million, reflecting significant usage of the TRON blockchain ecosystem. Concurrently, Tron Inc., formerly SRM Entertainment, has started trading on Nasdaq, holding the most substantial public TRX stake at 365 million.

The shift towards crypto treasury management was funded by a $100 million equity raise, leading to a 53% stock price surge post-rebranding. The company's new focus, coupled with TRON's growing popularity for lower-cost transactions, could hint at a possible price surge if TRX breaks above the $0.32 resistance level.