On the evening of July 24, the NASDAQ exchange in the United States welcomed a significant bell-ringing ceremony, where TRON rang the bell for the first blockchain mainnet listing, leaving an important mark on the global financial stage for the crypto industry.
On the iconic giant screen in Times Square, New York, the red triangular logo of TRON shines brightly. At the ceremony, the founder of TRON and global advisor of Tron Inc, Justin Sun, together with the team, rang the opening bell. With this solemn bell sound, TRON officially logged onto the NASDAQ capital market, becoming the first blockchain mainnet project listed on the US stock market.

This NASDAQ bell-ringing ceremony marks the complete transformation of the former SRM company into a technology enterprise focused on blockchain and digital asset innovation, Tron Inc, announcing that TRON has officially become a listed company on the US stock market. This not only signifies that TRON has successfully moved from the crypto technology community to the global mainstream financial stage but also symbolizes that the deep integration of crypto assets with traditional capital markets has entered a new phase; it is also a high recognition of TRON's technological strength and future development prospects, as well as a key victory achieved by TRON's years of deep cultivation in the blockchain field and careful layout.
Looking back at the key moment of this milestone: a month ago, TRON announced a partnership with NASDAQ-listed company SRM Entertainment (referred to as SRM) to achieve a reverse merger and US stock market listing, while simultaneously launching the TRX financial reserve strategy. On July 17, SRM Entertainment officially changed its name to Tron Inc, and its NASDAQ stock code SRM was also changed to TRON. Thus, Tron Inc not only became the listed 'TRON' entity on NASDAQ but also the world's largest holder of TRX listings, currently holding over 365 million TRX tokens (worth about $114 million).
With the sound of the bell, TRON has entered the mainstream financial market, connecting global capital channels, achieving a strategic leap from a technology-driven ecosystem to a capital-empowered ecosystem, and also symbolizing that TRON ECO has taken a historically significant step in the globalization process. This is not only a moment of glory for crypto enterprises to knock on the mainstream capital market but also provides a vivid annotation for the integration of Web3 and traditional financial systems.
NASDAQ bell ringing: A global declaration of the strength of the TRON ecosystem and a milestone.
The appearance and bell ringing on NASDAQ is by no means just an ordinary listing exposure. It marks TRON's completion of a key leap from 'crypto community' to 'global financial consensus power', and is also a global display of its ecosystem strength. This historic moment signifies TRON's phased victory in years of technological deep cultivation and ecological layout in the crypto field while also showcasing the infinite possibilities of the deep integration of Web3 technology with mainstream financial systems to the world.

Successfully entering the global mainstream financial market is not only a milestone achievement of TRON's strategic layout but also a recognition of traditional capital for TRON's years of technological accumulation and ecosystem construction.
Since the launch of the mainnet on June 25, 2018, TRON has been deeply cultivating the crypto field for seven years. From initially working quietly to now developing into an absolute leader in global payment and clearing infrastructure. Whether in the crypto field or the global financial market, TRON occupies a crucial position.
This accumulation of accomplishments stems from TRON's continuous deep cultivation and breakthroughs in multiple key tracks such as stablecoins, DeFi, and AI, culminating in a concentrated bloom this year: becoming the number one network for stablecoins globally, submitting the TRX ETF application, repeatedly setting historical highs for on-chain income, surpassing 320 million users, and now landing as the world's first blockchain mainnet project on the US stock market... Positive factors continue to accumulate, with strong momentum, 2025 is undoubtedly the 'explosion year' for TRON.
The continuous rise in user scale is a strong proof of the thriving development of TRON's ecosystem. From early million-level users to breaking 100 million in 2022, and now surpassing 320 million users globally. This exponential growth curve clearly confirms TRON's wide acceptance and actual application depth in the global market. As of July 23, the number of on-chain users of TRON has exceeded 321 million, becoming the second-largest public chain ecosystem in terms of user volume globally, with the gap to Ethereum (329 million addresses) narrowing to a historical low. Based on the current growth rate, surpassing Ethereum to become the first public chain in global user scale within the year has become a high-probability event.
In the field of stablecoins, the TRON network carries approximately 60% of the global stablecoin settlement flow, with daily transaction volume exceeding $30 billion, firmly maintaining a leading position in global stablecoins. Currently, the issuance of USDT on the TRON chain has exceeded $81.7 billion, surging by $22 billion in half a year, accounting for over 51% of the total USDT supply. Meanwhile, the issuance of TRON's native decentralized stablecoin USDD has surpassed $500 million, and the compliant stablecoin USD1 supported by the Trump family has also been circulating on the TRON chain. Through a diversified stablecoin layout of 'USDT + USDD + USD1', TRON continues to consolidate its absolute leading position in global stablecoins.
In terms of business models, TRON's ecosystem revenue is continuously breaking historical records. In the past 30 days, revenue reached $362 million, mainly from on-chain trading activities such as transaction fees, stablecoin issuance income, and DeFi service fees, making it the second most profitable crypto facility globally. This data not only surpasses traditional financial technology enterprises but also proves that blockchain technology has a sustainable commercialization path.
In terms of ecological development and layout, TRON has built a multi-track Web3 ecological landscape covering Meme, NFT, DeFi, GameFi, Metaverse, cross-chain, DID, AI, RWA, and other fields. Among them, core DeFi components within the ecosystem, such as trading platform SUN.io, meme issuance platform SunPump, lending center JustLend DAO, AI Agent application SunGenX, and NFT platform APENFT, collectively form a complete financial closed loop, covering key links such as asset issuance, trading, and income enhancement, providing a seamless channel for traditional capital to flow in.
In mid-July, TRON's ecosystem successfully accessed Binance's Alpha Zone, achieving traffic and resource connectivity with global top CEXs. The three popular tokens within the ecosystem, NFT, SUNDOG, and PePe, have simultaneously logged into the Alpha Zone, with a trading competition worth $4 million currently underway; at the same time, the Trump meme coin TRUMP has also logged onto the TRON network, further enriching the variety of on-chain assets.
In traditional financial markets and compliance layout, in addition to the US stock listing, the application for TRX ETF also marks an important step for TRON's native token TRX to integrate into the global mainstream financial market. In April this year, Canary Capital Group officially submitted an application to the U.S. SEC to launch a TRX ETF with staking functionality. Once approved, users can not only benefit from tracking the fluctuations of TRX's native price but also capture additional on-chain earnings through on-chain staking. Industry insiders expect that the final decision may be announced by the end of 2025.
The global influence of TRON's founder Justin Sun continues to expand. In March this year, he became the global cover figure for Forbes, recognized as a cryptocurrency billionaire, being the third Chinese entrepreneur after Jack Ma and Changpeng Zhao to appear on the magazine's cover; in May, he was invited to attend a Trump dinner as the largest holder of TRUMP and received a Trump brand gold watch worth $100,000; at the beginning of July, he appeared on the cover of Asia Weekly as a cryptocurrency pioneer, explaining the new pattern of stablecoins; additionally, Justin Sun will fly to space on a Blue Origin rocket, becoming the youngest Chinese commercial astronaut.
Whether in industry influence or business data, TRON has achieved outstanding results in the fields of stablecoins, decentralized finance (DeFi), globalization and compliance layout, ecological development, and AI and cutting-edge technology.
This US stock market listing is a concentrated display of TRON's comprehensive strength, which will attract global users, capital, and developers to flow into TRON's ecosystem, injecting stronger confidence and resources for its future development. It is foreseeable that TRON will showcase its unique strength and value in more mainstream financial scenarios, continuously promoting the deep integration of Web3 technology and traditional finance, opening a new chapter.
The US stock market listing drives TRON to achieve a strategic leap from technology-driven to capital empowerment.
The listing on NASDAQ is not only a concentrated display of TRON's dominant position in stablecoins, DeFi ecosystem innovation, and integration with various cutting-edge technologies, but this milestone event also marks TRON's strategic leap from a technology-driven ecosystem to a capital-empowered ecosystem, opening a new chapter for the global development of TRON ECO.
This listing on the US stock market will release triple strategic value: First, through the value certification of mainstream financial markets, TRON has built a more robust credit endorsement system to attract global top institutional investors and developers to strategically focus on its ecosystem; Second, relying on the brand momentum upgrade brought by the listing, it accelerates the penetration efficiency of traditional financial scenarios, promoting the integration of TRON's ecosystem with traditional finance into an exponential growth channel; Third, through compliance-driven capital guidance strategies, it provides long-term driving force for continuous innovation in TRON's ecosystem.
For TRON, the US stock market listing means stepping onto the global mainstream capital market stage, which will gain broader development space and resources.
As its compliance entity, the listed company Tron Inc has opened a compliant allocation channel for global institutional investors and users, which will leverage traditional financial market funds to flow into TRON's ecosystem on a large scale, injecting strong momentum into the new stage of ecosystem applications.
By incorporating TRX into the strategic reserve assets of the listed company Tron Inc, TRON has built a bridge for communication between crypto assets and mainstream capital, initiating a new flywheel of collaborative growth of 'coin and stock'. The rise in TRX price directly boosts the market value of the listed company, while the listed company, as a capital entry point, will also feed back into TRON's ecosystem, further promoting ecosystem development.
The dual-track operation mechanism of the listed company Tron Inc and TRON not only bridges the gap between the crypto world and traditional finance but also builds a self-reinforcing capital circulation: TRX price rises → pushes up the valuation of the listed company → attracts more capital to buy stocks → the listed company continuously adds TRX → the circulation decreases further pushing TRX price up.
Market performance has confirmed the strong momentum of this strategy: since June 16, when TRON announced the acquisition of the SRM listed company and launched the 'TRX micro-strategy', the stock price of SRM (now called TRON) has surged from an initial $1.03 to a maximum of $12.8, an increase of 13 times, with market capitalization soaring from tens of millions to $154 million, fully reflecting the market's high recognition of TRON's crypto infrastructure. During the same period, the TRX coin price rose by nearly 20%, currently quoted at $0.318, with its market capitalization firmly in the top ten of the crypto market, further confirming its strong influence and market confidence.
As of July 23, Tron Inc holds over 365 million TRX (worth about $115 million), making it the listed company with the most TRX holdings.
From this perspective, the US stock market listing promotes TRON to complete the strategic leap from technology-driven to capital-empowered, with the 'technology and capital' dual-wheel drive strategy becoming the core engine for TRON's ecosystem upgrade. In the technology-driven phase, breakthrough user scale growth is achieved through underlying protocol upgrades and developer ecosystem construction; in the capital-empowered phase, leveraging the valuation system of listed companies and traditional financial resources, the technological advantages are converted into quantifiable capital value. This strategic upgrade will ultimately drive TRON to complete a fundamental transformation: evolving from a single blockchain network into a key financial infrastructure supporting the flow of global digital assets.
Relying on the resource integration momentum stimulated by the listing, TRON is expected to reconstruct the value transmission method of mainstream financial scenarios, continuously promoting the deep integration of Web3 technology and traditional finance by building a more open developer ecosystem and a deeper industrial collaboration network, opening a new chapter of blockchain technology empowering the real economy.
TRON ECO welcomes a large inflow of capital in the wave of globalization.
Traditional capital is continuously flowing into TRON's ecosystem through the compliant channel of the listed company Tron Inc, which will fully activate the development momentum of TRON ECO projects. This deep integration of capital and technology not only signifies TRON's strategic leap from technology-driven to capital-empowered but also indicates that its ecosystem applications will welcome a new round of exponential expansion in the wave of globalization.
As the first hub for traditional capital to enter the ecosystem, TRON's lending application JustLend DAO has taken the lead in validating this trend. At the end of June, Tron Inc completed on-chain staking of over 365 million TRX (worth about $115 million) through this platform, capturing staking returns while introducing traditional capital into the ecosystem. Data shows that the total lock-up amount (TVL) of JustLend DAO has soared from $6.44 billion to $7.54 billion in the past month, with a net increase of $1.1 billion in funds, and the platform's operational indicators continue to rise.
The well-developed DeFi infrastructure of TRON has formed a positive growth flywheel of 'capital inflow - value creation - income cycle', seamlessly and efficiently accommodating large-scale capital flows, injecting strong momentum into the globalization process:
● The circulation layer features Sun.io aggregating liquidity, building an asset trading center: As a core hub of the ecosystem, Sun.io plays the role of an asset trading center, efficiently aggregating on-chain capital, providing ample liquidity support for ecosystem projects and will be the 'first entry point' for capital circulation.
● The income layer has JustLend DAO and stUSDT driving dual wheels, creating risk-free returns: JustLend DAO generates millions of dollars in risk-free income for TRX holders daily through staking and lending storage services, becoming the core source of 'passive income' within the ecosystem. StUSDT opens up the traditional financial income channel, anchoring real assets like US Treasury bonds, providing users with low-risk value-added options, bridging crypto assets with real-world income.
● The innovation layer includes SunPump and APENFT expanding asset boundaries and activating community creativity: SunPump, as a meme coin issuance platform, activates community creativity with a low threshold and high flexibility; APENFT achieves secure on-chain circulation of physical artworks, promoting the integration of digital assets with real-world value.
According to DeFiLlama data, the total lock-up volume (TVL) of TRON's on-chain DeFi applications has increased by 32.5% in the past month, surpassing $5.7 billion, firmly ranking among the top five public chains globally. This data not only confirms the maturity of TRON's infrastructure in the DeFi field but also highlights its strong bearing capacity as a traditional capital entry point. As Wall Street funds continuously flow through Tron Inc's compliant channel, a complete DeFi ecosystem matrix covering 'asset trading - lending services - income enhancement' is being constructed, creating an efficient closed loop for capital appreciation and value transmission.
Currently, capital is continuously flowing into TRON's ecosystem through the listed company Tron Inc. These funds circulate efficiently within its ecosystem's triple DeFi value network, including Sun.io, JustLend DAO, stUSDT, SunPump, and APENFT, driving the ecosystem growth flywheel to accelerate. With the DeFi foundation efficiently accommodating real assets, TRON is reshaping the path of deep integration of off-chain traditional financial assets with on-chain ecosystems. This fusion experiment will propel TRON to evolve into a global financial infrastructure connecting on-chain and off-chain worlds.
This NASDAQ appearance is not only a key node in TRON's global crypto narrative but also a prelude to the next round of ecosystem explosion. Through the dual-wheel drive of capital empowerment and technological deep cultivation, TRON is embracing global users, developers, and investors with a more open posture to jointly build a new era of large-scale application of Web3 technology, reshaping the future landscape of value transmission.
