TRX Surges 5.85% as Tron Inc. Debuts on Nasdaq, Becomes Largest Corporate TRX Holder

TRXUSDT has experienced a notable 5.85% price increase over the past 24 hours, currently trading at 0.3292 USDT on Binance. This upward movement is primarily attributed to the recent debut of Tron Inc. on the Nasdaq under the ticker "TRON," following its rebranding from SRM Entertainment and its emergence as the largest publicly traded corporate holder of TRX with over 365 million tokens. Additional contributing factors include TRON's record Q2 2025 revenue, a 25% rise in staking income, and sustained network activity with daily transactions exceeding 9 million and a leading supply of USDT among blockchains.

The market overview shows robust trading activity, with 24-hour volumes ranging from $1.50 billion to $2.75 billion and a market capitalization near $30 billion. TRX has demonstrated strong short-term and long-term performance, rising over 9.4% in the past week and more than 135% year-over-year, supported by increased adoption and positive sentiment following recent corporate and network developments.