TRX Surges 5.59% as TRON Inc. Debuts on Nasdaq, Trading Volume Hits $4.9 Billion

TRXUSDT has experienced a 5.59% price increase over the past 24 hours, currently trading at $0.3289 on Binance. This upward movement is primarily attributed to significant developments including SRM Entertainment’s rebranding to TRON Inc. and its adoption of the 'TRON' ticker on Nasdaq, making it the largest publicly traded corporate holder of TRX with over 365 million tokens. Additional contributing factors include the launch of a TRON trading competition on Binance Alpha with a $4 million reward pool, Tether’s USDT supply on the Tron blockchain surpassing $81 billion, and recent ecosystem integrations such as The Graph and the launch of the TRUMP meme coin.

TRX’s 24-hour trading volume surged significantly, with reported figures between $1.68 billion and $4.9 billion, and the price ranged from a low of $0.3106 to a high of $0.3318. The market capitalization stands at approximately $31.23 billion, with a circulating supply near 95 billion tokens, reflecting heightened market interest and increased activity following recent news and ecosystem developments.