Here's the latest TRX news update:

*Price Update*

- TRX is currently trading at $0.3136, with a 1.33% decrease in the last 24 hours.

- The token has shown significant growth in recent months, reaching new all-time highs and outperforming other major cryptocurrencies .

*Recent Developments*

- *Public Listing*: Tron plans to go public in the US through a reverse merger with SRM Entertainment, a Nasdaq-listed company. This move could potentially increase TRX's adoption and value.

- *Stablecoin Dominance*: Tron has surpassed Ethereum in stablecoin usage, with over $500 billion in monthly stablecoin transfer volume. This dominance is driven by Tron's strong position in emerging markets.

- *Partnerships*: Tron has partnered with SRM Entertainment, which has seen a 10% increase in investment value since the partnership was announced .

*Market Analysis*

- *Bullish Sentiment*: Technical indicators suggest TRX could surpass the $0.18 resistance and target $0.20. Rising trading volume and open interest also indicate growing market confidence.

- *Whale Activity*: Large holders have accumulated 76 million TRX coins, fueling optimism for a short-term price increase. However, this surge in whale activity could also mean higher price volatility .

*Other News*

- *Security Breach*: The TRON DAO Twitter account was hacked, and scammers attempted to steal funds from unsuspecting users. Justin Sun acted quickly to involve law enforcement and freeze assets linked to the scam.

- *Tether Freezes*: Tether froze $12.3 million in USDT on the Tron blockchain, targeting wallets connected to money laundering and sanctions evasion .