$TRX This week, TRON found itself at the center of several high-profile stories. Attention to the project is drawn due to the announcement of its entry onto Nasdaq through a reverse IPO.

The hype was also fueled by news of a $100 million deal transferring control of future Tron Inc. to the San family.

The discussion about the legality of storing one's coin in corporate reserves and the politically charged hack of the Iranian exchange, which also affected TRON, added fuel to the fire.

Tron on Nasdaq and a drop of politics

On June 16, 2025, it became known that Justin Sun's crypto project TRON is going public through an IPO. Here are the details of the process:

● Deal. The public organization SRM Entertainment will be renamed Tron Inc. The company will accept investments in TRX. The funds will be provided by a company owned by the father of TRON's founder, Wei Ke San. In return, the investor will receive 100,000 preferred shares, convertible into 200 million common shares, and 220 million warrants at $0.50. Formally, this is referred to as a 'reverse IPO.' A private entity acquires a company that is already publicly traded, thereby automatically making it public.

● Corporate effect. Wei Ke San will become the chairman of the board, while two top managers from the TRON ecosystem will manage the audit and personnel committees. In fact, control over Tron Inc. will belong to the San family.

● Organizer. Dominari Securities acted as the exclusive agent for the IPO. Its board includes Donald Trump Jr. and Eric Trump.

Previously, Eric Trump publicly called himself 'the biggest fan of TRON.' Justin Sun, in turn, invested $30 million in the Trump family's project World Liberty Financial. The businessman actively promotes the project's stablecoin, USD1, in the TRON network.

San's political connections may facilitate the project's listing on the exchange. However, the businessman risks coming under the scrutiny of American regulators.

Its token as a reserve: the Wall Street dispute

Tron Inc. plans to raise up to $210 million in TRX on its balance sheet. This is the first case where a public company is forming a reserve from its own native token. Analysts are debating the viability of such a model.

A spoonful of tar

The Iranian exchange Nobitex reported that approximately $81 million worth of cryptocurrency was withdrawn from its hot wallets, with a significant portion of the transactions occurring on the TRON network. Hackers claim that the attack was a 'punishment' for the exchange's assistance to Iranian authorities in circumventing sanctions.

The Gonjeshke Darande group, linked to Israel, claimed responsibility for the incident, highlighting the geopolitical motive. The case served as another reminder that TRON's popularity in USDT transactions attracts shadow flows, and cyberattacks become tools of political pressure.

Is it worth investing in TRON (TRX)?

At the time of writing this review, TRX is in 8th place in the cryptocurrency capitalization ranking and is trading at $0.2749. The news of the project's IPO has pushed the coin's price to a local maximum. After that, TRX corrected to previous levels.

The cryptocurrency found support at levels of $0.26–$0.27. Against the backdrop of positive news about the project's IPO, many participants in the crypto community expect its continued growth. Predictions are being made that do not rule out TRX moving to $1.11.

Investors note that TRON is steadily climbing up the support of an upward channel. They believe that the consistently positive movement of the cryptocurrency opens the way for it to reach new heights. In August, according to crypto enthusiasts, TRX may meet around $0.3. However, community members do not rule out that before an active growth phase, TRON may experience some correction.