- Trx sees an outbreak of over $ 0.32, since Tron is now becoming the largest listed TRX holder with the IPO.
- Intensive onchain activities and increasing sales support the TRX moment, with the short-term goal at $ 0.38.
Tron (TRX) approaches the decisive level of resistance of $ 0.32. The market dynamics have increased according to the stock exchange debut by Tron Inc. on Nasdaq. The company now has the largest public trx trasury, which gives institutional capital to the network.
When writing this article, TRX was traded at $ 0.31, which corresponds to an increase of 3.2% within 24 hours and 6.5% in the week.
Analysts observe the $ 0.32 mark, which is an important resistance area due to the latest price development. The technical data show that TRX forms an ascending triangle, a pattern that is often preceded by an outbreak.
SRM Entertainment Rebrands as Tron Inc., Adopts ‘TRON’ Ticker!
SRM Entertainment, Inc. $SRM has officially rebranded as Tron Inc., marking a full strategic pivot into crypto treasury management and starting today, it will begin trading under the new ticker $TRON on @Nasdaq.… pic.twitter.com/69KTtNz6SW
— Crypto Miners (@CryptoMiners_Co) July 17, 2025
CryptoQuants Analyst „CryptoOnchain“ Fixed that higher deep stalls indicate a growing demand for buyers. An outbreak over $ 0.32 with a corresponding volume could have a positive effect at short notice.
The wider Tron network has also experienced strong user activity. The daily transaction volume in the network is now over 9 million, with the 100-day average near an all-time high. This persistent use includes high-frequency stable coin transfers and dapp interactions associated with price increases.
Tron becomes the largest public trx holder
Tron Inc.formerly SRM Entertainmenthas renamed itself and is now listed on the NASDAQ under the ticker symbol $ tron. The company has moved away from its former business model and is now focusing on the development of cryptocurrencies, whereby the focus is on the accumulation of TRX. With more than 365 million TRX in his treasury, Tron Inc. is now the largest listed one TRX owner.
The renaming included a capital increase of $ 100 million that will support the company’s crypto assets. Tron founder Justin Sun has joined the company as a strategic consultant.
After announcing the renaming, the share price rose by 53% and has increased by 2,200% in 6 months. Trx from Tron Inc. is traded via the Justlend platform and can achieve an annual return of up to 10 %.
Technical outlook and market mood are good
TRX/USDT is currently being traded at $ 0.31, with direct support between $ 0.29 and $ 0.30. The resistance is $ 0.304 and $ 0.309. The course has reached higher maximum and lows since the second quarter of 2025, and the trend line shows a continued interest bully momentum. Dealers observe the $ 0.32 mark on an outbreak.
The relative strength index (RSI) is currently 69-70, which indicates a strong momentum while approaching an overbought state. The market capitalization is approximately $ 29.4 billion, and the circulating offer is 94.75 billion TRX.
The transaction data continues to underline The growing role of Tron in the StableCoin ecosystem. On June 29, users transferred more than 6.94 million USD over Tron, compared to USD 1.31 million to Ethereum.
This cost efficiency and throughput have contributed to strengthening the position of tron as a blockchain with a high utility. Ongoing network upgrades and integrations with decentralized finance (Defi) and traditional payment providers contribute to its increasing acceptance.
The cryptoma market also observes more general indicators. The direction of the Bitcoin price remains a factor that influences the dynamics of the old coins. Dealers concentrate on whether TRX can stay over $ 0.30 and the prices can break and stop beyond the $ 0.32 mark. If this does not succeed, there could be consolidation or short-term setbacks within the range of $ 0.29- $ 0.33.
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