- TRON jumped to the ninth spot in global crypto rankings as it made its Wall Street debut by ringing the Nasdaq opening bell.
- A 30 percent volume surge and Nasdaq listing have fueled fresh investor confidence and cemented TRON’s position in the top ten cryptos.
- TRON’s pivot from toys to blockchain and the Gas-Free upgrade cutting fees by 70 percent have attracted both crypto and mainstream users.
TRON has officially entered Wall Street territory. Justin Sun and the TRON team rang the Nasdaq opening bell on July 24, marking the start of a new era for the blockchain project. The move comes as Tron Inc. completes a reverse merger with SRM Entertainment. As a result, the company begins trading publicly under the ticker “TRON.” Notably, TRX now ranks ninth in the global crypto market, overtaking Cardano (ADA) just before the debut.
The TRX token saw a 30% spike in trading volume, reaching $1.64 billion in daily trades. Meanwhile, TRX’s market cap climbed to $28.8 billion. It also recorded a 12% gain over the past week. These developments reflect strong investor interest and rising platform activity. Besides, anticipation of the Nasdaq debut helped drive the surge. Hence, the TRON network continues to build momentum ahead of its Wall Street journey.
Justin Sun’s Strategic Role Expands
Justin Sun now serves as Global Advisor for Tron Inc. His leadership remains central to the platform’s strategic growth. Moreover, Sun’s visibility during the Nasdaq ceremony helped spark broader interest in TRX. He played a key role in preparing the firm for its market debut.
Additionally, CEO Rich Miller confirmed the company is doubling down on transparency and innovation. The firm controls the largest public treasury of TRX tokens, boosting its decentralization strategy. Tron Inc. is shifting from its entertainment roots into a blockchain-forward model. The company’s expanded focus now targets both digital finance and consumer markets.
Merging Entertainment with Blockchain
Tron Inc. still supplies toys and merchandise to global brands like Disney, Universal, and Six Flags. However, its new strategy integrates blockchain into financial and treasury operations. Consequently, investors get access to both entertainment revenue and crypto asset growth in one stock.
Weekly user fees have dropped 70% thanks to the new Gas-Free feature. The average fee now stands at just 0.72 TRX. Moreover, this cost reduction enhances user engagement and further boosts platform adoption.
