TRX Surges 2.14% as $210M Reverse Merger and $1B USDT Minting Boost Bullish Momentum

TRXUSDT has experienced a 2.14% price increase over the past 24 hours, with the current price at $0.2766 and 24h trading volumes between $1.5–$1.7 billion. The primary driver of this price movement is the announcement of Tron's $210 million reverse merger with SRM Entertainment to go public in the U.S., which has generated significant positive sentiment and increased trading activity. Additional factors supporting the rally include strong on-chain metrics, such as Tether minting $1 billion USDT on Tron, increased whale and mid-tier investor accumulation, and continued high stablecoin transaction volume on the network. TRON’s market capitalization stands at approximately $26 billion, with a circulating supply near 95 billion TRX, and the majority of holders currently in profit, reflecting ongoing bullish sentiment.