TRX Surges 5.36% as Tron Inc. Nasdaq Debut and $2M Daily Revenue Drive Institutional Demand

TRXUSDT has experienced a 5.36% price increase over the past 24 hours, rising from 0.3117 to 0.3284 USDT on Binance. This upward movement is primarily attributed to the Nasdaq debut of Tron Inc. (formerly SRM Entertainment), which now holds 365 million TRX as the largest publicly traded corporate holder, and the launch of TRON-focused trading and staking campaigns on major exchanges. Additional support comes from robust network fundamentals, including daily on-chain revenue of $2 million, over 9 million daily transactions, and a significant increase in USDT supply on the TRON blockchain, reflecting strong institutional demand and heightened ecosystem activity.

Currently, TRX is trading at 0.3284 USDT with a 24-hour trading volume ranging from $1.49 billion to $3.98 billion and a market capitalization near $30 billion, placing it among the top cryptocurrencies by market cap.