Tron Inc. (TRON) Stock Price Jumps 14.58%: Crypto Convergence and Nasdaq Listing Ignite Market Enthusiasm
Tron Inc. (NASDAQ: TRON) shares rallied strongly today, rising by 14.58% and closing near a new all-time high. This wave of gains continues the company's good momentum this month, mainly due to its deep integration with the TRON blockchain, reverse mergers and acquisitions, and positive market expectations for crypto policies
TRON shares opened at around $8.70, peaked at $9.80 during the session, and finally closed at $9.78, with a volume of over 2.9 million shares. This brings the company's market capitalization to more than $170 million, a significant increase from last week. This rise is not a coincidence, but the result of the company's strategic adjustment
Tron Inc., originally called SRM Entertainment Inc., changed its name in mid-July 2025 and changed its ticker symbol to "TRON". This marks the company's official foray into the crypto space, landing on Nasdaq through reverse mergers and acquisitions. This merger combines traditional entertainment businesses with decentralized finance (DeFi) and stablecoin ecosystems. Funds obtained through private equity investment (PIPE) transactions are paid in TRX tokens, further strengthening the connection to the TRON network
Key factors for the rise:
1. Nasdaq listing and brand upgrade: Since the listing rumors in mid-June, TRON's stock price has risen by more than 280%. After the name change announcement on July 16, the stock price soared 53.27% on the same day, and then the overall trend was upward. After the name change, the TRON network's on-chain fees soared to $2 billion, with a trading volume of 14 billion, providing strong support for the stock
2. Stablecoin Dominance and Network Expansion: The stablecoin supply on the TRON blockchain surged by 93% to $80 billion in the first half of 2025. This not only boosts the value of the TRX token but also indirectly boosts Tron Inc.'s stock price. As DeFi applications grow, TRON stock price may rise further
3. Technical indicators are optimistic: From a technical point of view, TRON stock price shows obvious upward signals. Increased interest in the derivatives market, a steady rise in spot volume, and Tether's minting of $1 billion in USDT on the TRON network further solidify the bulls' advantage
The rise of Tron Inc. showcases the trend of traditional businesses combining blockchain. As more institutions venture into the crypto space, it is expected to become a "crypto leader" on the Nasdaq
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