TRX Price Prediction: How High Will It Go After Nasdaq Listing?

#TRX

• Technical Breakout: TRX trading above key moving averages with positive MACD
• Fundamental Catalyst: Nasdaq listing provides institutional credibility
• Price Targets: $0.3289 resistance test underway, $0.35 next psychological level

TRX Price Prediction

TRX Technical Analysis: Bullish Signals Emerge

TRX is currently trading at 0.3177 USDT, above its 20-day moving average of 0.30691, indicating a bullish trend. The MACD histogram has turned positive (0.001085), suggesting growing upward momentum. Prices are testing the upper Bollinger Band (0.328878), which could act as resistance. According to BTCC analyst John, 'The technical setup shows TRX could challenge the $0.33 level if buying pressure continues.'

Tron's Nasdaq Listing Boosts Market Sentiment

Tron Inc.'s Nasdaq debut through a reverse merger has created positive market sentiment. BTCC's John notes, 'This institutional validation could attract new investors to TRX, though the technical resistance at $0.3289 remains key.' The listing marks a significant milestone for blockchain adoption in traditional finance.

Factors Influencing TRX's Price

Tron Inc. Makes Nasdaq Debut as Justin Sun Rings Opening Bell

Tron Inc. marked its public market debut with Justin Sun, founder of the TRON blockchain, ringing the Nasdaq Opening Bell on July 24. The ceremony at Nasdaq's Times Square headquarters followed a $100 million reverse merger and rebrand from SRM Entertainment, securing the company's listing under the ticker TRON.

The move positions Tron Inc. as a bridge between blockchain and traditional finance, boasting the largest TRX token reserves among public companies. CEO Rich Miller called the listing a "powerful milestone," emphasizing the firm's focus on blockchain-integrated treasury strategies and governance-led growth.

Market observers note Nasdaq listings serve as credibility signals for crypto ventures, potentially attracting institutional capital. The event underscores TRON's ambition to mainstream blockchain adoption through regulated financial channels.

Justin Sun’s Tron Inc. Goes Public on Nasdaq via Reverse Merger

Tron Inc., the largest public holder of TRX tokens, has made its Nasdaq debut through a reverse merger with SRM Entertainment, a toy manufacturer supplying major brands like Disney and Universal. The move marks a significant milestone for cryptocurrency's integration into traditional finance.

Justin Sun rang the opening bell, calling the listing "a dream 15 years in the making" and declaring it the start of a new cryptocurrency era. The company holds 365 million TRX tokens worth approximately $115 million, adopting a hybrid crypto treasury model that combines digital assets with physical product exposure.

Market response was immediate, with TRX trading volume surging 36.33% to $1.83 billion within 24 hours of the listing. The token's price rose from $0.3012 to $0.3137, while Tron Inc. shares closed at $8 under the ticker TRON.

Tron’s Nasdaq Listing Marks Strategic Leap for Blockchain Sector

Justin Sun's Tron achieved a pivotal milestone through a reverse merger with SRM Entertainment, securing a Nasdaq listing without a traditional IPO. "Nasdaq has been home to many innovation giants," Sun declared, framing the move as validation of Tron's blockchain-driven entertainment model. The listing amplifies TRX's institutional credibility while positioning the project at the nexus of capital markets and regulatory scrutiny.

TRX trading volumes surged 47% following the announcement, reflecting heightened market interest. The backdoor listing strategy circumvented lengthy IPO processes, granting Tron immediate access to Nasdaq's liquidity and visibility. Analysts note the development could accelerate institutional adoption of blockchain assets, with TRX now benchmarked alongside mainstream tech equities.

How High Will TRX Price Go?

Based on current technicals and market sentiment, TRX shows potential for upward movement:

John from BTCC suggests, 'The Nasdaq listing catalyst combined with bullish technicals could push TRX toward $0.35, though traders should watch volume confirmation.'

0.3289

0.3500

0.3069