TRX Surges 2.36% as TRON Hits $81B in USDT Supply and Nasdaq Debut Boosts Momentum

TRXUSDT has experienced a 2.36% price increase over the past 24 hours, currently trading at 0.3160 USDT on Binance. This upward movement is primarily attributed to several significant developments: the introduction of a dedicated TRON section and incentive campaign on Binance Alpha, the rebranding of SRM Entertainment to Tron Inc. (now trading on Nasdaq as $TRON and holding over 365 million TRX), and TRON's growing dominance in USDT transactions, with its network now hosting over $81 billion in Tether supply. Additionally, TRON's network activity remains robust, processing over 9 million daily transactions and generating substantial on-chain revenue, which has contributed to increased market confidence and trading activity.

In the latest 24-hour market overview, TRXUSDT saw a notable surge in trading volume, reaching up to $3.92 billion, and maintained a price range between approximately $0.3087 and $0.3191. TRON's market capitalization stands at around $29.89 billion, with a circulating supply of about 94.75 billion TRX, reinforcing its position among the top cryptocurrencies.