$TRX

TRON’s reverse merger with SRM Entertainment (announced June 16) positions it as the first major Layer-1 blockchain on Nasdaq. The deal includes $100M in TRX treasury allocations, mirroring MicroStrategy’s Bitcoin strategy. SRM shares surged 580% post-announcement, creating spillover demand for TRX (Tron Merges with SRM)

TRON now hosts 50% of global USDT supply ($79B), processing $23.7B daily. The June 16 $1B USDT mint—its 17th $1B+ mint in 2025—signaled institutional demand for TRON-based liquidity (TRX Transfer Volume)