TRX Surges 2.68% as Tron Inc. Nasdaq Debut and $210M Merger Drive Market Momentum

TRXUSDT has experienced a 2.68% price increase over the past 24 hours, with the current price at 0.3181 USDT on Binance. The positive price movement is primarily attributed to several key developments: the rebranding of SRM Entertainment to Tron Inc. and its Nasdaq listing under the ticker 'TRON' following a $210 million reverse merger, Tron Inc.'s announcement of holding over 365 million TRX for yield deployment, and the continued dominance of the TRON network in USDT stablecoin settlement, now hosting over $81 billion in TRC20-USDT. Additional support comes from the launch of the TRON section on Binance Alpha and the ongoing 'TRON ECO x Binance Alpha Boost Sprint' incentive program, which has increased user engagement and trading activity. TRON's market capitalization stands near $29.9 billion, with a circulating supply of approximately 94.75 billion TRX and a 24-hour trading volume ranging from $1.44 billion to $3.96 billion, reflecting heightened investor interest and robust market activity.