TRON rings the Nasdaq listing bell: ushering in a new chapter in global crypto narrative and accelerating the globalization wave of the TRON ECO ecosystem
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TRON rings the Nasdaq listing bell: ushering in a new chapter in global crypto narrative and accelerating the globalization wave of the TRON ECO ecosystem
With the sounding of this solemn bell, TRON officially lists on the Nasdaq Capital Market, becoming the first blockchain mainnet project to be listed on a U.S. stock exchange.
Navigating Web3 tides with focused insightsOn the evening of July 24, the U.S. Nasdaq Exchange hosted a landmark bell-ringing ceremony as TRON rang the opening bell for the first blockchain mainnet listing, leaving a significant mark for the crypto industry on the global financial stage.
At New York's Times Square, TRON’s iconic red triangle logo illuminated the giant Nasdaq screen. At the ceremony, Justin Sun, founder of TRON and global advisor of Tron Inc., joined his team to ring the opening bell. With this solemn chime, TRON officially entered the Nasdaq capital market, becoming the world's first blockchain mainnet project listed on a major U.S. stock exchange.
This Nasdaq bell-ringing ceremony marks the complete transformation of the former SRM company into Tron Inc., a technology enterprise focused on blockchain and digital asset innovation, officially declaring TRON as a publicly traded U.S. company. This not only signifies TRON’s successful transition from a crypto tech community to the global mainstream financial stage—symbolizing a new phase in the deep integration between crypto assets and traditional capital markets—but also represents high recognition of TRON’s technological strength and future prospects, marking a key milestone victory after years of dedicated development in the blockchain field.
Tracing back to this pivotal moment: one month ago, TRON announced its plan to achieve a U.S. listing through a reverse merger with Nasdaq-listed SRM Entertainment (SRM), while simultaneously launching the TRX treasury reserve strategy. On July 17, SRM Entertainment was officially renamed Tron Inc., and its Nasdaq ticker symbol SRM changed to TRON. As such, Tron Inc. has become the Nasdaq-listed entity for "TRON," and is now the world's largest corporate holder of TRX, currently holding over 365 million TRX tokens (worth approximately $114 million).
With the bell's echo, TRON has entered the mainstream financial market and connected to global capital channels, achieving a strategic leap from a technology-driven ecosystem to a capital-empowered one, symbolizing a historically significant step forward for the TRON ECO ecosystem in its globalization journey. This is not only a proud moment for crypto enterprises entering mainstream capital markets but also provides a vivid example of the convergence between Web3 and traditional financial systems.
Nasdaq Bell-Ringing: A Global Declaration and Milestone Achievement of TRON’s Ecosystem Strength
The appearance and bell-ringing at Nasdaq is far more than just a routine listing event. It marks TRON’s critical leap from a “crypto community” to a “global financial consensus force,” serving as a global showcase of its ecosystem strength. This historic moment signifies a phased triumph in TRON’s long-term technical development and ecosystem building within the crypto space, while also demonstrating to the world the vast potential of deeper integration between Web3 technologies and mainstream finance.
Gaining access to global mainstream financial markets is not only a milestone achievement resulting from TRON’s strategic planning but also a clear validation by traditional capital of TRON’s accumulated technological expertise and ecosystem development over the years.
Since launching its mainnet on June 25, 2018, TRON has been deeply rooted in the crypto sector for seven years. From humble beginnings to becoming a leading global payment and clearing infrastructure provider, TRON now holds a pivotal position both in the cryptocurrency domain and the broader global financial markets.
This breakthrough stems from TRON’s sustained efforts and innovations across key sectors such as stablecoins, DeFi, and AI, culminating in a concentrated series of achievements this year: emerging as the world’s largest stablecoin network, filing an application for a TRX ETF, setting repeated record highs in on-chain revenue, surpassing 320 million users, and now becoming the first blockchain mainnet project to list on a major U.S. stock exchange… With continuous positive developments compounding momentum, 2025 is undoubtedly TRON’s “year of breakout.”
The steady growth in user numbers powerfully demonstrates the thriving development of the TRON ecosystem. From early millions of users, breaking the 100-million mark in 2022, to now exceeding 320 million globally—the exponential growth curve clearly reflects TRON’s wide acceptance and deep real-world applications worldwide. As of July 23, TRON’s on-chain user count surpassed 321 million, making it the second-largest public blockchain ecosystem by user base, closing in on Ethereum (329 million addresses) to the narrowest gap in history. At current growth rates, surpassing Ethereum to become the world’s largest public blockchain by user count within the year is highly probable.
In the stablecoin sector, the TRON network handles about 60% of global stablecoin settlement volume, with daily transaction values exceeding $30 billion, firmly establishing its dominance. Currently, the USDT issuance on TRON exceeds $81.7 billion, increasing by $22 billion in just six months and accounting for over 51% of total USDT supply. Meanwhile, TRON’s native decentralized stablecoin USDD has surpassed $500 million in issuance, and USD1, a compliant stablecoin backed by the Trump family, is already circulating on the TRON network. Through its diversified stablecoin strategy of “USDT + USDD + USD1,” TRON continues to strengthen its absolute leadership in the global stablecoin landscape.
In terms of business model, TRON ecosystem revenues continue to break historical records. In the past 30 days alone, revenue reached $362 million, primarily driven by on-chain activities such as transaction fees, stablecoin issuance income, and DeFi service fees. It ranks second globally among profitable crypto infrastructures. This figure not only outperforms traditional fintech firms but also proves that blockchain technology has established a sustainable commercial pathway.
In ecosystem development and expansion, TRON has built a multi-track Web3 ecosystem spanning Meme, NFT, DeFi, GameFi, Metaverse, cross-chain, DID, AI, and RWA sectors. Core DeFi components like the trading platform SUN.io, meme issuance platform SunPump, lending hub JustLend DAO, AI agent app SunGenX, and NFT platform APENFT collectively form a complete financial loop covering asset issuance, trading, and yield enhancement—providing seamless onboarding for traditional capital inflows.
In mid-July, the TRON ecosystem successfully integrated with Binance Alpha Zone, enabling traffic and resource interoperability with one of the world’s top centralized exchanges. Three popular tokens—NFT, SUNDOG, and PePe—were simultaneously listed on Alpha Zone, where a $4 million Alpha trading competition is currently underway. Around the same time, the Trump-themed meme coin TRUMP launched on the TRON network, further diversifying on-chain assets.
Regarding traditional finance and compliance initiatives, beyond the U.S. listing, the TRX ETF application marks another crucial step toward integrating TRON’s native token TRX into mainstream global financial markets. In April, Canary Capital Group formally filed an application with the U.S. SEC for a staking-enabled TRX ETF. If approved, investors would gain exposure to TRX price movements while earning additional on-chain staking rewards. Industry insiders expect a final decision by the end of 2025.
Justin Sun, founder of TRON, continues to expand his global influence. In March, he appeared on the global cover of Forbes magazine as a cryptocurrency billionaire, joining Jack Ma and Changpeng Zhao as another Chinese entrepreneur featured; in May, invited as the largest holder of TRUMP tokens to attend a dinner with Donald Trump, he received a $100,000 Trump-branded gold watch; in early July, he graced the cover of Asia Weekly as a crypto pioneer, discussing the new landscape of stablecoins; additionally, Sun is scheduled to fly to space aboard Blue Origin, becoming the youngest Chinese commercial astronaut.
Across all indicators—from industry impact to operational data—TRON has achieved outstanding results in stablecoins, decentralized finance (DeFi), globalization and compliance strategies, ecosystem development, and cutting-edge technologies like AI.
This U.S. stock listing serves as a comprehensive showcase of TRON’s ecosystem strength, attracting global users, capital, and developers into its ecosystem and injecting greater confidence and resources for future growth. It is foreseeable that TRON will demonstrate its unique power and value in more mainstream financial scenarios, continuously advancing the deep integration of Web3 technology with traditional finance and ushering in a new chapter.
U.S. Listing Enables TRON’s Strategic Leap from Technology-Driven to Capital-Empowered
Listing on Nasdaq is not only a concentrated demonstration of TRON’s dominance in stablecoins, innovation in DeFi ecosystems, and integration with frontier technologies, but this milestone also marks TRON’s strategic shift from a technology-driven to a capital-empowered ecosystem, opening a new chapter for the global development of the TRON ECO ecosystem.
The U.S. listing unlocks three layers of strategic value: First, through valuation recognition from mainstream financial markets, TRON builds a stronger credibility framework, attracting top-tier institutional investors and developers to strategically focus on its ecosystem. Second, leveraging enhanced brand equity from the listing accelerates penetration into traditional financial use cases, pushing TRON’s integration with traditional finance into exponential growth. Third, a regulated capital guidance strategy provides sustained momentum for continuous innovation within the TRON ecosystem.
For TRON, being listed on U.S. markets means stepping onto the global mainstream capital stage, unlocking broader development opportunities and resources.
Tron Inc., as the listed entity and regulatory-compliant vehicle, opens a compliant allocation channel for TRX to global institutions and users, catalyzing large-scale inflows of traditional financial capital into the TRON ecosystem, fueling its next phase of growth.
By including TRX as a strategic reserve asset within Tron Inc., TRON has built a bridge between crypto assets and mainstream capital, initiating a new flywheel of synergistic “dual growth” between tokens and stocks. Rising TRX prices directly boost the listed company’s market cap, while the company, acting as a capital gateway, reinvests back into the TRON ecosystem, further accelerating its development.
The dual-track operation of Tron Inc. and TRON bridges the divide between the crypto world and traditional finance, creating a self-reinforcing capital cycle: TRX price increase → boosts listed company valuation → attracts more capital buying shares → listed company accumulates more TRX → reduced circulating supply further drives TRX price up.
Market performance has already validated this strategy’s strong momentum: since June 16, when TRON announced the acquisition of SRM and launched the “TRX micro-strategy,” SRM (now TRON) stock surged from an initial $1.03 to a peak of $12.80—a 13-fold increase—while market capitalization soared from tens of millions to $154 million, fully reflecting the market’s high recognition of TRON’s crypto infrastructure. During the same period, TRX’s price rose nearly 20%, currently trading at $0.318 and maintaining a top-ten position in crypto market capitalization, further confirming its strong influence and market confidence.
As of July 23, Tron Inc. holds over 365 million TRX (worth approximately $115 million), making it the largest corporate holder of TRX.
Thus, the U.S. listing enables TRON to complete its strategic shift from technology-driven to capital-empowered, where the “technology and capital” dual-engine strategy becomes the core driver for ecosystem evolution. In the technology-driven phase, breakthrough user growth was achieved via protocol upgrades and developer ecosystem building. In the capital-empowered phase, TRON leverages listed company valuation frameworks and traditional financial resources to convert technological advantages into quantifiable capital value. This strategic upgrade will ultimately drive TRON’s fundamental transformation—from a single blockchain network into a critical financial infrastructure supporting global digital asset flows.
Leveraging the resource integration momentum triggered by the listing, TRON is poised to reshape value transmission in mainstream financial scenarios, driving deeper integration between Web3 technology and traditional finance through a more open developer ecosystem and deeper industrial collaboration, ushering in a new era of blockchain-powered real economy innovation.
TRON ECO Welcomes Massive Capital Inflows Amid Global Capital Wave
Traditional capital is flowing steadily into the TRON ecosystem through the compliant channel of listed company Tron Inc., fully activating the development momentum of TRON ECO ecosystem projects. This deep fusion of capital and technology not only marks TRON’s strategic shift from technology-driven to capital-empowered but also signals a new wave of exponential expansion for its ecosystem applications amid globalization.
As the first entry point for traditional capital into the ecosystem, TRON’s DeFi lending application JustLend DAO has already demonstrated this trend. At the end of June, Tron Inc. completed on-chain staking of over 365 million TRX (worth approximately $115 million) via the platform, capturing staking yields while introducing fresh capital into the ecosystem. Data shows that JustLend DAO’s total value locked (TVL) surged from $6.44 billion to $7.54 billion in the past month—an influx of $1.1 billion—while platform operating metrics continued to climb.
TRON’s mature DeFi infrastructure has formed a virtuous flywheel of “capital inflow → value creation → yield recycling,” efficiently absorbing massive capital flows through a three-tier DeFi architecture and injecting strong momentum into its global expansion:
● Liquidity Layer: Sun.io aggregates liquidity, forming an asset trading hub: As the foundational ecosystem node, Sun.io acts as the central asset exchange, efficiently pooling on-chain capital and providing abundant liquidity support for ecosystem projects—it is the “first entry point” for capital flow.
● Yield Layer: JustLend DAO and stUSDT jointly drive risk-free returns: JustLend DAO generates millions of dollars in daily risk-free income for TRX holders through staking and lending services, serving as the core source of “passive income” within the ecosystem. stUSDT connects to traditional financial yield channels, pegged to real-world assets like U.S. Treasuries, offering low-risk appreciation options and bridging crypto assets with real-world returns.
● Innovation Layer: SunPump and APENFT expand asset frontiers, unleashing community creativity: SunPump, as a meme coin issuance platform, activates community creativity with low barriers and high flexibility. APENFT enables secure on-chain circulation of physical artworks, promoting convergence between digital assets and real-world value.
According to DeFiLlama data, the total value locked (TVL) in TRON’s DeFi applications grew by 32.5% in the past month, surpassing $5.7 billion and securing a top-five position among global public blockchains. This figure not only confirms the maturity of TRON’s DeFi infrastructure but also highlights its robust capacity as a gateway for traditional capital. As Wall Street funds continue to flow in via Tron Inc.’s compliant channel, a full-stack DeFi ecosystem matrix covering “asset trading – lending services – yield growth” establishes an efficient closed loop for capital appreciation and value transfer.
Currently, capital is continuously flowing into the TRON ecosystem through Tron Inc., efficiently circulating within its three-tier DeFi value network—Sun.io, JustLend DAO, stUSDT, SunPump, and APENFT—accelerating the ecosystem’s growth flywheel. By effectively onboarding real-world assets through its DeFi foundation, TRON is reshaping the path for deeper integration between off-chain traditional financial assets and on-chain ecosystems. This fusion experiment is evolving TRON into a global financial infrastructure connecting on-chain and off-chain worlds.
The Nasdaq debut is not only a pivotal moment in TRON’s global crypto narrative but also a prelude to the next wave of ecosystem explosion. Through the dual engines of capital empowerment and technological depth, TRON is embracing global users, developers, and investors with greater openness, collectively building a new era of large-scale Web3 adoption and redefining the future of value transmission.
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