- TRON overtakes Cardano in market cap amid Nasdaq listing.
- Tron’s Nasdaq debut sparks market interest.
- TRX price remains stable, post-listing.
Justin Sun’s TRON has overtaken Cardano in market capitalization amid TRON Inc’s Nasdaq debut through a reverse merger with SRM Entertainment on July 24, 2025, positioning TRON strategically within the public markets.
The Nasdaq debut symbolizes a strategic shift for TRON, enhancing its visibility in traditional finance. Despite this, immediate changes in TRX’s market value are minimal.
TRON Inc, led by Justin Sun, completed a $100 million reverse merger and now holds a $210 million reserve of TRX tokens. SRM Entertainment was renamed ‘Tron Inc’, marking a significant milestone in the company’s journey.
The Nasdaq debut saw Tron Inc’s stock code changed to TRON, while Justin Sun emphasized strategic growth. With the listing, Tron’s public prominence increases, potentially affecting traditional finance sectors.
Immediate market reactions include TRON overtaking ADA in market capitalization, though TRX’s token price remained stable. As Justin Sun, Founder of TRON stated, “I am very proud to tell everyone that TRON (TRX) has been strategically reserved by a NASDAQ-listed company. I believe this is not only a significant step for TRON.Inc, but also an important moment for the entire blockchain industry, which should be remembered by all. This also marks the true beginning of the cryptocurrency era. Finally, I would like to thank my family for their support along the way; and also thank our team, who have been working day and night to build the entire ecosystem.”
Potential outcomes involve further financial integration for blockchain technologies. Historical trends suggest broader adoption of crypto assets, raising possibilities for future regulatory considerations and technological advancements within sector standards.
