Preface
On July 24, 2025, TRON founder Justin Sun attended the bell-ringing ceremony of the Nasdaq-listed company TRON Inc (stock code: TRON) as a strategic advisor. This ceremony held at Nasdaq MarketSite not only symbolizes the TRON ecosystem's entry into the mainstream capital market in the United States but also announces that TRX, the native token of TRON, has risen to become a strategic reserve asset at the core of the listed company's financial reports, officially initiating a chapter of financial innovation known as 'TRX Microstrategy.'
Nasdaq Bell-Ringing: From Traditional Glory to Web3 New Narrative
Since the wooden mallet announced the start of trading in 1792, evolving into the elegant bronze bell in 1903, the bell-ringing ceremony has long been a traditional symbol of a listed company's entry into the mainstream capital market. Justin Sun's appearance on the Nasdaq bell platform as a strategic advisor not only continues this historical ritual but also serves as a landmark demonstration of leading the capital narrative as a blockchain founder.
In just a few seconds under the focus of cameras and media, TRX's capital symbol status was officially confirmed. Justin Sun declared through this ceremony that TRON is no longer just a technical experiment but a listed company with strategic asset analysis, an upper-level governance structure, capable of standing alongside traditional finance.
TRX Microstrategy Debut: Staking 365 million, annualized return of around 10%
According to the latest data, TRON Inc has staked 365,096,845 TRX on the JustLend platform and has adopted a model similar to 'MicroStrategy's Bitcoin inventory model,' forming an innovative reserve strategy known as 'TRX Microstrategy.' Through the integration of standard staking and energy leasing mechanisms, this batch of TRX is expected to yield an annualized return of around 10%.
Moreover, this strategy is not merely about value preservation but is combined with the Form S-3 financing application submitted in the summer of 2025 (with a cap of $1 billion), using a mixed-class security approach (common stock, preferred stock, bonds, and warrants) to provide funding support for expanding the TRX asset pool. This governance design that combines traditional capital with cryptocurrency ecosystem assets allows listed company governance and ecosystem value to operate in sync.
Capital and Market Resonance
This strategy by TRON Inc has sparked enthusiastic market resonance. Its stock saw consecutive daily increases of over 10% in late July, and on a single day, the stock price reached levels that brought the total market capitalization to over $200 million, with each share priced around $11–12.
After the Nasdaq bell-ringing event, TRX itself saw a boost in market confidence, surpassing Cardano in market capitalization to become the ninth largest cryptocurrency globally, with a market cap of approximately $2.9 billion, further heating up the overall ecosystem of the TRON network. Meanwhile, the circulation of USDT within the TRON ecosystem has exceeded that of Ethereum, with a total stablecoin supply of over $80 billion, leading daily trading volumes worldwide, further consolidating TRX's strategic position and value capture ability within the ecosystem.
Source: CryptoQuant
Source: CryptoQuant
Deflation and Staking
The TRON blockchain has recently upgraded its block voting and block reward mechanisms, enhancing participation rewards and accelerating the token supply deflation rate, which resonates highly with TRON Inc's large-scale staking of TRX.
This locking and staking not only promotes supply-demand imbalances that support prices but also makes TRX a hub for ecosystem participation and governance. JustLend staking not only brings returns but also links governance decisions with network security, enhancing the functional utility and value capture ability of TRX on the application value chain.
Conclusion
Justin Sun's attendance at the Nasdaq bell-ringing ceremony initiates a strategic narrative for TRON Inc and TRX: public chain tokens becoming corporate assets, merging capital markets and collateral finance into one. The TRX microstrategy is not only the beginning of the cryptocurrency ecosystem landing in the corporate world, but it also creates a new financial storytelling template.
If TRON Inc successfully expands its reserves and implements other financing strategies in the future, it could not only write a chapter for the integration of traditional and Web3 businesses but also provide a reference blueprint for other listed companies exploring cryptocurrency asset allocation. This is a large-scale experiment where technology, capital, narrative, and governance operate in sync, and the TRON ecosystem will ultimately enter the mainstream financial stage in a more resilient manner.
