TRX Price Prediction: Will It Hit $1 Amid Nasdaq Listing Rumors and Whale Activity?

#TRX

• Technical Indicators: TRX is near the lower Bollinger Band with a bullish MACD crossover, suggesting potential upside.
• Market Sentiment: Positive news around Nasdaq listings and whale activity is driving optimism.
• Price Target: The $1 milestone is possible but would require sustained bullish momentum and institutional support.

TRX Price Prediction

TRX Technical Analysis: Key Indicators and Price Outlook

According to BTCC financial analyst Olivia, TRX is currently trading at $0.2728, slightly below its 20-day moving average of $0.275475. The MACD indicator shows a slight bullish crossover with a reading of 0.000291, suggesting potential upward momentum. Bollinger Bands indicate the price is in the lower range (Lower: $0.261195, Middle: $0.275475, Upper: $0.289755), which could signal a buying opportunity if the price rebounds from the lower band.

TRX Market Sentiment: Bullish Catalysts and Whale Activity

BTCC financial analyst Olivia highlights that TRX is benefiting from strong market sentiment driven by recent news. Justin Sun''s strategic moves, including a potential Nasdaq listing via a $100M reverse merger and increased whale activity, are creating positive momentum. These developments, coupled with TronDAO''s surge, suggest growing institutional interest and potential price appreciation for TRX.

Factors Influencing TRX’s Price

Justin Sun’s Father Gains Control of Public Firm Through $100M TRX Deal

A Securities and Exchange Commission filing reveals a $100 million private investment in public equity (PIPE) deal involving TRX tokens, granting Weike Sun, father of TRON founder Justin Sun, control over SRM Entertainment, now rebranding as Tron Inc. The transaction, structured entirely in TRX, positions Tron-aligned advisors in key governance roles, including Weike as chairman.

Despite the apparent alignment, Tron DAO maintains no direct involvement in the deal, according to strategic adviser Zhihong Liu. The investment vehicle owned by Weike Sun acquired 100,000 shares of SRM Series B preferred stock, convertible into 200 million common shares, alongside 220 million warrants at a $0.50 strike price.

The move underscores the growing influence of cryptocurrency in traditional corporate structures, though Tron DAO’s role remains indirect, reflected through the backgrounds of newly appointed board members rather than formal governance rights.

Whale Activity Drives Tron Transactions to Unprecedented Heights

Tron (TRX) defies broader market turbulence with a 973% surge in large-scale transaction volume, reaching $598.96 million in 24 hours. While $343 million in liquidations rattled crypto markets, TRX gained 1.97% to $0.2775 as whale activity intensified.

Blockchain analytics reveal tenfold growth in TRX transfers exceeding $100,000. The network continues dominating institutional stablecoin flows, processing 59% of May''s USDT volume in million-dollar transactions—including 17 separate $1 billion issuances.

Justin Sun''s Tron Pursues Nasdaq Listing via Reverse Merger Amid Regulatory Pause

Tron, the blockchain platform founded by controversial billionaire Justin Sun, is advancing toward a U.S. public listing through a reverse merger with Nasdaq-traded SRM Entertainment. The deal, facilitated by Dominari Securities, could materialize within weeks—coinciding with a reported moratorium on U.S. investigations into Sun and Tron.

The unconventional path to Nasdaq bypasses traditional IPO hurdles, though the platform''s valuation remains undisclosed. SRM Entertainment shares surged on the news, which carries political undertones: Dominari has Trump-family ties, and Sun previously invested $75 million in Trump-aligned projects.

Justin Sun’s Tron to Go Public via $100M Reverse Merger with Nasdaq-Listed SRM Entertainment

Tron, the blockchain platform founded by Justin Sun, is set to enter U.S. public markets through an unconventional reverse merger with SRM Entertainment, a Nasdaq-listed toy manufacturer. The deal, valued at $100 million, will see SRM rebrand as "Tron Inc" and allocate the investment toward purchasing TRX tokens for its treasury—a strategy mirroring MicroStrategy''s Bitcoin accumulation playbook.

The announcement sent SRM''s shares soaring over 500%, with Sun taking an advisory role in the newly formed entity. Notably, the transaction was facilitated by Dominari Securities, whose advisory board includes Donald Trump Jr. and Eric Trump—adding political intrigue to the crypto market maneuver.

This move comes despite Sun''s ongoing SEC fraud charges, though the lawsuit has been paused under the current administration. The partnership represents a bold convergence of legacy markets and digital assets, with a theme park souvenir company pivoting to become a crypto treasury vehicle overnight.

Eric Trump''s Advisory Role Sparks Speculation Amid Tron''s $210M Nasdaq Deal

Tron''s unconventional path to going public via a reverse merger with Florida-based SRM Entertainment has drawn significant attention, particularly due to the involvement of Trump-affiliated entities. The deal, valued at $210 million, is being managed by Dominari Securities, a firm housed in Trump Tower where both Eric Trump and Donald Trump Jr. serve as advisors.

Justin Sun, Tron''s founder, has increasingly aligned himself with Trump''s orbit, attending exclusive events and acquiring substantial stakes in Trump-linked ventures. His public endorsement by Eric Trump as a "great friend" and "crypto icon" has fueled speculation about deeper ties, despite claims of no formal involvement.

The merger will see SRM rebrand as "Tron" while building a crypto treasury of TRX tokens. This move underscores the growing intersection of political influence and cryptocurrency markets, with Sun emerging as a key player in both spheres.

Tron Pursues Wall Street Entry via Reverse Merger with Nasdaq-Listed Firm

Justin Sun''s TRON network is making a strategic move to enter U.S. public markets through a reverse merger with SRM Entertainment, a Nasdaq-listed company. The deal, valued at approximately $210 million in TRX, avoids the complexities of a traditional IPO and establishes a holding vehicle aimed at expanding Tron''s ecosystem.

Market reaction was immediate: TRX surged nearly 5% to $0.28, briefly overtaking Dogecoin as the eighth-largest cryptocurrency by market capitalization. Both assets now hover around $26 billion in valuation.

The maneuver comes after the SEC quietly dropped market manipulation charges against Sun in February, signaling a shift in the agency''s aggressive stance toward crypto enforcement.

TronDAO and ONDO Surge as BlockDAG''s Strategic Rollout Gains Momentum

TronDAO''s Total Value Locked (TVL) has surpassed $8.2 billion, while ONDO''s price breached $1.45 before profit-taking tempered gains. Traders are shifting capital into emerging momentum plays, with BlockDAG emerging as a focal point.

BlockDAG''s execution timeline, detailed by CEO Antony Turner, is progressing methodically. A major U.S. sponsorship announcement is slated for June 20, followed by shipments of X30 and X100 mining hardware by July 7. The entry-level X10 miner will begin deliveries by August 15.

The project has already raised over $300 million in presale funding, targeting a $600 million capitalization with 16 batches remaining. This structured rollout precedes exchange listings, creating anticipation among investors seeking early exposure.

Will TRX Price Hit 1?

While TRX shows promising technical and fundamental signals, reaching $1 in the near term would require a 266% increase from its current price of $0.2728. Key factors to watch include:

Olivia notes that while the $1 target is ambitious, the combination of technical rebounds and strong news catalysts could fuel significant upside if market conditions remain favorable.