TRX Surges 6.57% as Nasdaq Listing, $100M Acquisition, and Record USDT Transfers Drive Bullish Momentum

TRXUSDT has experienced a 6.57% price increase over the past 24 hours, rising from 0.3121 to 0.3326 USDT on Binance. This upward movement is primarily attributed to several positive developments: the rebranding of SRM Entertainment to Tron Inc. and its Nasdaq listing, the company's $100 million TRX acquisition and adoption of a crypto treasury model, and the appointment of Justin Sun as a strategic advisor. Additionally, TRON's network reported a record $1.93 trillion in USDT transfers in Q2 2025, a 25% increase in staking income, and over 9 million daily transactions, all of which have reinforced institutional and retail interest. The launch of a $4 million TRON trading competition on Binance has further boosted trading activity and user engagement.

Currently, TRXUSDT is trading at 0.3326 with a 24-hour trading volume surge and a market capitalization estimated between $29.32 billion and $31.40 billion, reflecting strong bullish sentiment and heightened market participation.