TRX Surges 2.6% as Tron Inc. Nasdaq Debut, Treasury Moves, and Binance Initiatives Drive Momentum

TRXUSDT has experienced a 2.60% price increase over the past 24 hours, rising from 0.3076 to 0.3156 USDT on Binance. This upward movement is primarily attributed to several significant developments: the rebranding of SRM Entertainment as Tron Inc. and its Nasdaq listing under the ticker 'TRON', the announcement of a TRX treasury management strategy, and the launch of TRON-focused initiatives on Binance Alpha, including an incentive program and soft staking rewards. Additionally, strong network fundamentals—such as TRON's reported 3.2 billion accounts, daily transaction volumes exceeding 9.4 million, and June network revenue of $340 million—have reinforced positive sentiment. The TRON network's dominance in USDT stablecoin transfers, with over $80 billion in USDT supply and more than half of all USDT transactions occurring on TRON, has further supported the bullish trend.

Currently, TRX is trading at 0.3156 USDT with a 24-hour trading volume exceeding $1.4 billion and a market capitalization near $29.88 billion, reflecting robust market activity and sustained investor interest.