TRX Surges 3% as Tron Inc. Rebrands, 2X ETF Filed, and Trading Volume Hits $2.87B

TRXUSDT has experienced a 3.01% price increase over the past 24 hours, currently trading at 0.3110 USDT on Binance. This positive price movement is primarily attributed to several recent developments: the rebranding of SRM Entertainment to Tron Inc. and its emergence as the largest publicly traded TRX holder, the integration of the TRON network and ecosystem tokens on Binance Alpha with associated trading competitions and airdrop incentives, and the filing for a 2X leveraged TRON ETF by REX Shares, which signals growing institutional interest. Additional network growth factors include Tether minting $1 billion USDT on TRON and The Graph enabling real-time data streaming for the network. Despite a security incident at BigONE exchange, overall sentiment and activity remain strong, as reflected in the 77.40% surge in 24-hour trading volume to $2.87 billion and TRON’s market capitalization of $29.47 billion, positioning it among the top 10 cryptocurrencies.