Tron Inc. Rings Nasdaq Bell as TRX Overtakes Cardano to Claim 9th Spot in Crypto Rankings
- How Did Tron Inc. Enter Nasdaq Without a Traditional IPO?
- Why Is TRX Outperforming Cardano and Eyeing $0.33?
- What’s Driving Tron’s DeFi and Stablecoin Dominance?
- FAQ: Your Burning Questions Answered
Tron Inc. made waves on Wall Street with its unconventional Nasdaq debut, bypassing a traditional IPO by acquiring SRM Entertainment—a move that solidified its pivot from toys to blockchain dominance. With TRX surging 53% post-listing and eclipsing cardano in market cap, this article dives into the strategic plays, record-breaking on-chain revenue, and political alliances fueling Tron’s 2025 rally. Buckle up for a deep dive into the numbers, the Trump-linked DeFi boom, and why analysts are eyeing $0.33 as the next battleground for TRX.
How Did Tron Inc. Enter Nasdaq Without a Traditional IPO?
In a plot twist straight out of a Silicon Valley playbook, tron Inc. sidestepped the usual IPO rigmarole by acquiring SRM Entertainment—a toy supplier for Disney and Universal. The holding company, Repold, kept the toy division operational while rebranding as a blockchain powerhouse. As of July 2025, Tron holds a staggering 365 million TRX tokens (worth $115 million), making it the largest public holder of TRX. This backdoor Nasdaq listing followed a $100 million capital raise and a $210 million strategic fund deployment to establish "Tron G TRX." The market responded with a 53.27% price spike to $10.30 on debut. Talk about making an entrance!
Why Is TRX Outperforming Cardano and Eyeing $0.33?
While Cardano’s ADA slumped 8%, TRX bulldozed its way to 9th place by market cap ($29 billion+) amid broader crypto volatility. At press time, TRX traded at $0.3149, with BTCC analysts predicting a short-term push toward $0.33–$0.335—a historical resistance level. Technical traders are watching the $0.3067–$0.31 support zone; a breakdown could trigger a slide to $0.29. But fundamentals tell a brighter story: Tron processed 784 million Q2 transactions (just shy of its Q3 2024 record) and ranked among the top 5 blockchains by transaction volume. Oh, and it generated $1 billion in on-chain revenue last quarter—yes,with a "B."
What’s Driving Tron’s DeFi and Stablecoin Dominance?
Tron’s secret sauce? A liquidity foundation thicker than a Wall Street tycoon’s wallet. The network has become a magnet for stablecoin issuers and DeFi projects, thanks to its low fees and scalability. Case in point: World Liberty Financial (WLF), affiliated with Trump-linked token $TRUMP, recently bridged its WLFI token from Solana to Tron via LayerZero and Stargate Finance. Justin Sun couldn’t resist tweeting, “All roads lead to #TRON.” With Trump-branded tokens now worth $100+ million on Tron, the network’s political clout is as volatile—and lucrative—as a meme coin.
FAQ: Your Burning Questions Answered
How did Tron Inc. list on Nasdaq?
By acquiring SRM Entertainment, a toy company, instead of filing for a traditional IPO—a MOVE that let it go public while keeping its blockchain focus.
What’s TRX’s price outlook after the Nasdaq listing?
Analysts at BTCC see short-term resistance at $0.33–$0.335, but warn that a drop below $0.3067 could signal a bearish turn.
Why did TRX surpass Cardano in market cap?
Strong fundamentals (like $1B in Q2 on-chain revenue) and strategic moves, like the WLF token migration, boosted investor confidence.
