Tron Inc., the largest holder of TRX, has achieved a major milestone by officially listing on the Nasdaq exchange, marking a historic moment for the blockchain-based firm. Tron founder Justin Sun celebrated the occasion by ringing the opening bell, calling it the realization of a 15-year dream.
Sun shared the news on X with his 3.8 million followers, emphasizing that Nasdaq has been home to global innovation leaders and expressing confidence that this move represents the beginning of a new era for cryptocurrencies on Wall Street. He noted that with sustained growth and dedication, Tron could stand alongside other leading companies on the exchange.
The listing follows Tron Inc.’s reverse merger with SRM Entertainment, bypassing a traditional IPO process. As a company positioned at the intersection of blockchain, entertainment, and digital assets, Tron’s debut significantly boosts its visibility and reflects increasing institutional acceptance of crypto-focused firms in traditional financial markets.
Market response to the listing has been positive. TRX trading volume surged 36.33% in the past 24 hours to $1.83 billion, with prices rising 0.37% to $0.3137. The token climbed from a low of $0.3012 as investor interest spiked following the announcement. Analysts view this surge as a potential turning point for TRX, hinting at broader market optimism surrounding the project’s growth trajectory.
Tron’s Nasdaq debut not only cements its place among publicly traded innovators but also signals growing mainstream recognition of blockchain technology in global finance. This landmark event may pave the way for future cryptocurrency companies seeking legitimacy through major stock exchange listings.
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