Story Highlights

  • SRM Entertainment has changed its stock code from SRM to TRON on Nasdaq.

  • The TRX cryptocurrency generates $2 million in revenue daily, indicating its strong on-chain utility.

  • The daily trading volume of TRX cryptocurrency exceeds 9 million, enhancing long-term growth potential.

Since April 2025, the TRX price has shown significant resilience, even outperforming several major altcoins amid setbacks in the global market. Despite stable prices, investors missed the surge in December 2024, primarily driven by Trump's victory.

Now, as we approach the second half of 2025, various factors have significantly increased, such as bullish sentiment formed by a major acquisition of SRM Entertainment through a reverse merger, high on-chain revenue, and technical strength, all of which clearly indicate that the TRX cryptocurrency is about to experience major events.

For traders and long-term investors, the token seems to have entered a potential transformation phase.

TRX Price: Strong fundamentals and rising optimism

Analysts state that TRX prices on the daily chart have maintained a steady upward trend since April, showing significant stability amid market fluctuations from May to June. Even during the US-Israel-Iran conflict, TRON avoided the severe pullback that affected most of the cryptocurrency market, clearly indicating its potential strength beyond speculation. Similarly, the charts clearly show that the ceasefire announcement was a catalyst for revitalizing the entire sector. Since then, the TRX cryptocurrency has continued to rise, keeping pace with top altcoins like XRP and ADA.

Similarly, another key catalyst is Justin Sun's acquisition of 'SRM Entertainment Inc.', which officially changed its name to 'TRON Inc.' on Nasdaq on July 17, as confirmed by a pinned post on Justin Sun's official X account.

This move marks an important step in TRON's strategy to blur the lines between Web3 innovation and traditional Wall Street financial infrastructure.

Due to ongoing optimistic factors and the addition of new elements, the market has performed more positively in recent days. For example, the market reacted quickly, with the SRM stock price soaring from $7.50 to $10.50, an increase of over 40%, while the TRX price rose nearly 5% in a single day.

On-chain strength: Revenue and utility drive confidence

In addition to the headlines, on-chain data also paints an equally optimistic picture. Research from CryptoQuant indicates that the TRON cryptocurrency currently generates an average of $2 million in revenue per day, entirely from network fees.

This figure indicates that it is one of the most profitable blockchains, with strong growth in utility and demand from users and developers.

Meanwhile, another insight shows that the daily trading volume has surged to over 9 million transactions, with the 100-day moving average of transaction volume nearing historical highs.

Sustained user engagement and fee revenue are reinforcing the network's long-term prospects. This ongoing activity, coupled with bullish technical patterns, suggests that a significant transformation is imminent.

Institutional interest and technical setups align with the rise in TRX prices

The inflow of funds into TRX indicates a general increase in interest from institutional investors. Data from Defi_Zee shows that WLFI invested $9.83 million at an average price of $0.242, acquiring 40.71 million TRX, currently holding 25% unrealized profits.

Additionally, TRON Inc. (formerly SRM) purchased 365 million TRX cryptocurrency, investing $100 million at a price of $0.274, which has now risen by 10%.

Technically, the TRX price aims to test the resistance level of $0.32, while forming an ascending triangle on the weekly chart.

According to CryptoQuant's technical insights, this structure increases the likelihood of a breakout and may reach an all-time high during the last single peak in the fourth quarter of 2024.

However, analysts also warn that traders should be cautious of potential false breakouts or short-term pullbacks before a sustained upward trend is realized.