🔥 TRON Weekly Update: Binance Alpha Deal, $80B Stablecoin Surge, & Nasdaq Rebrand to TRON Inc.

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Latest TRON (TRX) developments from this week:

🔗 1. Strategic Partnership with Binance Alpha

On July 11, TRON announced a major collaboration with Binance Alpha. This aims to onboard TRON-based DeFi projects into Binance Alpha’s ecosystem, boosting liquidity, visibility, and access for TRX and TRON-powered assets .

💼 2. Stablecoin Supply Hits $80B

TRON's network now supports over $80 billion in stablecoin circulation (primarily USDT), signaling immense on-chain utility. A 93% jump in exchange flows (from $1.5 B to $2.9 B in a week) also highlights growing trader activity thetradable.com.

🏢 3. SRM Entertainment Rebrands as Tron Inc.

Formerly SRM Entertainment, the company officially rebranded to Tron Inc. with a Nasdaq ticker change to TRON on July 17. It’s now one of the largest publicly traded holders of TRX, with more than 365 million tokens in its treasury .

📉 4. Price & Market Update

TRX is currently trading around $0.317–$0.320, down ~1–2% over the last day, following this week’s announcements. Technical analysts are eyeing support at $0.319 and resistance near $0.323–$0.324 .

🧭 What It Means
TrendInsightUtility & AdoptionRising stablecoin usage highlights TRON’s strength in payment infrastructure.Ecosystem ExpansionThe Binance Alpha tie-up could spur more DeFi innovation on TRON’s network.Institutional ExposureTron Inc.’s large TRX holdings add a layer of institutional credibility.Trading OutlookOn-chain and technical signals point to consolidation, with potential breakout in either direction.