TRX Surges 2.86% as Tron Inc. Debuts, $100M Treasury Boost and Staking Dividends Announced
TRXUSDT rose 2.86% over the last 24 hours, with the price moving from a 24h open of $0.2723 to $0.2801 (per Binance data). This price increase is primarily attributed to the announcement of SRM Entertainment’s reverse merger and rebranding as Tron Inc., accompanied by a $100 million equity investment into a TRX treasury strategy and the involvement of Tron founder Justin Sun as an advisor. The news of a planned public listing and the implementation of a dividend policy following TRX staking further fueled investor optimism. Additional positive sentiment was supported by TRON’s reported $343 million in monthly protocol revenue, continued dominance in stablecoin transactions, and the launch of new staking and vault promotions. TRX maintains a strong market position with a live market cap of approximately $26.46 billion, 24-hour trading volume of $1.26 billion, and bullish sentiment as reflected by a Fear & Greed index reading of 61.