On the evening of July 24, the Nasdaq Stock Exchange in the United States held a bell-ringing ceremony of extraordinary significance. TRON rang the first bell for the listing of the blockchain mainnet, leaving an important mark on the crypto industry on the global financial stage.

The red triangle logo of TRON shines on the giant screen of Nasdaq in Times Square, New York. At the ceremony, Justin Sun, founder of TRON and global advisor of Tron Inc, and his team rang the opening bell on the wall. With the solemn bell, TRON officially landed on the Nasdaq capital market, becoming the world's first blockchain mainnet project to be listed on the main board of the US stock market.

The Nasdaq bell ringing ceremony marks the complete transformation of the former SRM company into Tron Inc., a technology company focusing on blockchain and digital asset innovation, and announces that TRON has officially become a US-listed company. This not only marks TRON's successful transition from the crypto technology community to the global mainstream financial stage, but also symbolizes that the deep integration of crypto assets and traditional capital markets has entered a new stage; it is also a high recognition of TRON's technical strength and future development prospects, and a key stage victory achieved by TRON after years of deep cultivation and careful layout in the blockchain field.

Looking back at the key moments of this milestone: One month ago, TRON announced that it would achieve a U.S. stock listing through a reverse merger with Nasdaq-listed SRM Entertainment (SRM), and simultaneously launched 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. So far, Tron Inc has not only become the "TRON" entity listed on Nasdaq, but also the world's largest TRX listed company holder, currently holding more than 365 million TRX tokens (worth about $114 million).

As the bell rang, TRON also symbolized that TRON had entered the mainstream financial market, connected the global capital channel, and achieved a strategic leap from a technology-driven ecosystem to a capital-enabled ecosystem . TRON ECO ecology has taken a step with far-reaching historical significance in the process of globalization. This is not only a glorious moment for crypto companies to knock on the mainstream capital market, but also a vivid footnote for the integration of Web3 and the traditional financial system.

Ringing the bell at Nasdaq: A global declaration and milestone of TRON’s ecological strength

The appearance and bell ringing at Nasdaq is by no means an ordinary listing exposure. It marks that TRON has completed the key leap from "crypto community" to "global financial consensus force", and it is also a global display of its ecological strength. This historic moment marks the staged victory of TRON's years of technical cultivation and ecological layout in the encryption field, and also shows the world the infinite possibilities of the deep integration of Web3 technology and the mainstream financial system.

The successful entry into the global mainstream financial market is not only a milestone achievement of TRON's strategic planning, but also a recognition of TRON's many years of technological accumulation and ecological construction by traditional capital.

Since the launch of the mainnet on June 25, 2018, TRON has been deeply involved in the crypto field for seven years. From the initial silent efforts to the current development into an absolute leader in global payment and clearing infrastructure. Whether in the crypto field or the global financial market, TRON has occupied a pivotal position.

This achievement, which has been accumulated over time, is the result of TRON's continuous efforts and breakthroughs in multiple key areas such as stablecoins, DeFi, and AI, and has blossomed this year: it has become the world's largest stablecoin network, submitted an application for TRX ETF, and its on-chain revenue has repeatedly hit record highs. Its user base has exceeded 320 million. At this moment, it has landed on the US stock market main board as the world's first blockchain mainnet project... With the continuous accumulation of favorable factors and strong momentum, 2025 is undoubtedly the "first year of explosion" for TRON.

The continuous increase in the user scale is a strong proof of the booming development of the TRON ecosystem. From the early millions of users, to breaking the 100 million mark in 2022, and now to the global map of over 320 million users. This exponential growth curve clearly confirms the wide acceptance and practical application depth of TRON in the global market. As of July 23, the number of users on the TRON chain has exceeded 321 million, making it the second largest public chain ecosystem in the world in terms of user volume, and the gap with Ethereum (329 million addresses) has narrowed to a historical low. At the current growth rate, it is highly likely that it will surpass Ethereum and become the world's largest public chain in terms of user scale within the year .

In the field of stablecoins, TRON, a compliant stablecoin supported by the Trump family, carries about 60% of the world's stablecoin settlement traffic, with a daily transaction volume of more than 30 billion US dollars, firmly occupying the leading position in the world's stablecoins. At present, the issuance of USDT on the TRON chain has exceeded 81.7 billion US dollars , a surge of 22 billion US dollars in half a year, accounting for more than 51% of the total supply of USDT. At the same time, the issuance of USDD, the native decentralized stablecoin of the TRON ecosystem, has exceeded 500 million US dollars, and USD1 has also been circulated on the TRON chain. Through the diversified stablecoin layout of "USDT+USDD+USD1", TRON continues to consolidate its absolute leading position in the global stablecoin.

In terms of business model, TRON, this data not only crushes traditional financial technology companies, but also proves that blockchain technology has a sustainable commercialization path. TRON's ecological revenue continues to break historical records. In the past 30 days, the revenue reached 362 million US dollars, mainly from on-chain transaction activities such as transaction fees, stablecoin issuance income and DeFi service fees, etc., making it the second most profitable crypto facility in the world.

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, the core DeFi components in the ecosystem, such as the trading platform SUN.io, the Meme issuance platform SunPump, the lending center JustLend DAO, the AI Agent application SunGenX, and the NFT platform APENFT, together form a complete financial closed loop, covering key links such as asset issuance, trading, and income improvement, providing a seamless channel for the influx of traditional capital.

In mid-July, the TRON ecosystem was successfully connected to the Binance Alpha zone, achieving traffic and resource interconnection with the world's top CEX. The three popular tokens in the ecosystem, NFT, SUNDOG, and PePe, were simultaneously logged into the Alpha zone, and the $4 million Alpha trading competition is in full swing; at the same time, Trump Meme coin TRUMP has also been logged into the TRON network, further enriching the types of on-chain assets.

In terms of traditional financial markets and compliance layout, in addition to the listing on the US stock market, 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 US SEC to launch a TRX ETF with a staking function. Once the application is approved, users can not only track the fluctuations of TRX's native price, but also stake on the chain to capture additional on-chain income. Industry insiders expect that the final decision may be announced by the end of 2025.

As the founder of TRON, Justin Sun's global influence is also continuing to expand. In March this year, he became the global cover character of Forbes and was named a cryptocurrency billionaire. He is another Chinese entrepreneur to appear on the cover of the magazine after Jack Ma and Zhao Changpeng. In May, he was invited to attend the Trump dinner as the largest holder of TRUMP and was presented with a Trump brand gold watch worth $100,000. In early July, he appeared on the cover of Asia Weekly again as a cryptocurrency pioneer, explaining the new pattern of stablecoins. In addition, Justin Sun will fly to space on a Blue Origin rocket, becoming the youngest Chinese commercial astronaut.

Whether in terms of 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 technologies.

This listing on the U.S. stock market is a concentrated display of the comprehensive strength of the TRON ecosystem, which will attract global users, capital and developers to the TRON ecosystem, injecting greater confidence and resources into its future development. It can be foreseen that TRON will demonstrate its unique strength and value in more mainstream financial scenarios, continue to promote the deep integration of Web3 technology and traditional finance, and open a new chapter.

The U.S. stock listing has helped TRON achieve a strategic transition from technology-driven to capital-enabled

Listing on Nasdaq is not only a concentrated display of TRON's dominance in stablecoins, DeFi ecosystem innovation, and ability to integrate with various cutting-edge technologies, but this milestone event also marks TRON's strategic leap from a technology-driven ecosystem to a capital-enabled ecosystem, and opens a new chapter for the global development of the TRON ECO ecosystem.

The U.S. stock listing will release three strategic values: First, through the value certification of the mainstream financial market, TRON will build a more stable credit endorsement system, attracting the world's top institutional investors and developers to strategically focus on its ecosystem; second, relying on the brand potential upgrade brought by the listing, it will accelerate the penetration efficiency of traditional financial scenarios and promote the integration of TRON's ecosystem and traditional finance into an exponential growth channel; third, through a compliant capital guidance strategy, it will provide a long-term driving force for the continuous innovation of TRON's ecosystem.

For TRON, listing on the U.S. stock market means standing on the stage of the global mainstream capital market and gaining broader development space and resources.

As its compliance entity, the listed company Tron Inc has opened a TRX compliance configuration channel for global institutional investors and users, which will leverage large-scale funds from the traditional financial market to flow into the TRON ecosystem, injecting strong momentum for the ecological application to enter a new stage.

By incorporating TRX into the strategic reserve assets of the listed company Tron Inc, TRON has built a bridge between crypto assets and mainstream capital, opening up a new flywheel of "coin-stock dual growth". The rise in TRX coin price directly pushes up the market value of listed companies, and listed companies, as capital entry points, will also feed back to the TRON ecosystem and further promote the development of the ecosystem.

The dual-track operation mechanism of listed companies Tron Inc and TRON not only bridges the gap between the crypto world and traditional finance, but also builds a self-reinforcing capital cycle: TRX price rises → pushes up the valuation of listed companies → attracts more capital to buy stocks → listed companies continue to increase their TRX holdings → reduced circulation further drives up TRX prices.

Market performance has confirmed the strong momentum of this strategy: since June 16, when TRON announced the acquisition of SRM and launched the "TRX Micro Strategy", the stock price of SRM (now known as TRON) has risen 13 times from the initial $1.03 to $12.8, and the market value has soared from tens of millions to $154 million, fully reflecting the market's high recognition of TRON's encryption infrastructure. During the same period, the price of TRX has increased by nearly 20%, and the current price is $0.318. The market value ranks among the top ten in the encryption market, further confirming its strong influence and market confidence.

As of July 23, Tron Inc held more than 365 million TRX (worth approximately US$115 million), making it the listed company with the most TRX.

From this perspective, the listing on the US stock market has pushed TRON to complete a strategic leap from technology-driven to capital-enabled. The dual-wheel drive strategy of "technology and capital" will become the core engine of TRON's ecological upgrade. In the technology-driven stage, the user scale will achieve a breakthrough growth through the upgrade of the underlying protocol and the construction of the developer ecosystem; in the capital-enabled stage, the valuation system of listed companies and traditional financial resources will be leveraged to transform the technological advantages into quantifiable capital value. This strategic upgrade will ultimately drive TRON to complete a fundamental transformation: from a single blockchain network to a key financial infrastructure that supports the flow of global digital assets.

Relying on the resource integration potential stimulated by the listing, TRON is expected to reconstruct the value transfer mode of mainstream financial scenarios. By building a more open developer ecosystem and a deeper industrial collaboration network, it will continue to promote the deep integration of Web3 technology and traditional finance, and open a new chapter of blockchain technology empowering the real economy.

TRON ECO welcomes massive capital inflow amidst the global capital wave

Traditional funds are continuously injected into the TRON ecosystem through the compliance channels of the listed company Tron Inc., which will fully activate the development momentum of the TRON ECO ecological project. This deep integration of capital and technology not only marks TRON's strategic leap from technology-driven to capital-enabled, but also indicates that its ecological applications will usher in a new round of exponential expansion in the wave of globalization.

As the first hub for traditional capital to enter the ecosystem, JustLend DAO, a TRON ecosystem lending application, has taken the lead in verifying this trend. At the end of June, Tron Inc completed the on-chain pledge of more than 365 million TRX (worth about $115 million) through the platform, capturing the pledge income while introducing traditional capital into the ecosystem. Data shows that JustLend DAO's total locked-in volume (TVL) has soared from $6.44 billion to $7.54 billion in the past month, with a net increase of $1.1 billion in funds deposited in a single month, and the platform's operating indicators continue to rise.

The well-developed DeFi infrastructure of TRON has formed a positive growth flywheel of "capital inflow-value creation-revenue cycle". Through the three-level DeFi architecture, it seamlessly and efficiently handles large-scale capital flows, injecting strong momentum into the globalization process:

• In the circulation layer, Sun.io aggregates liquidity and builds an asset trading center: As the underlying hub of the ecosystem, Sun.io plays the role of an asset trading hub, efficiently aggregates on-chain capital, provides ample liquidity support for ecological projects, and will be the "first entrance" for capital circulation.
• The income layer is driven by JustLend DAO and stUSDT to build risk-free income: JustLend DAO creates millions of dollars of risk-free income for TRX holders every day through staking and lending storage services, becoming the core source of "after-sleep income" in the ecosystem. stUSDT opens up traditional financial income channels, anchors real assets such as U.S. Treasury bonds, provides users with low-risk value-added options, and realizes the bridge between crypto assets and real-world income.
• The innovation layer includes SunPump and APENFT to expand asset boundaries and activate community creativity: SunPump, as a Meme coin issuance platform, activates community creativity with low thresholds and high flexibility; APENFT realizes the safe circulation of physical artworks on the chain, promoting the integration of digital assets and real-world values.

According to DeFiLlama data, the total locked value (TVL) of DeFi applications on the TRON chain has increased by 32.5% in the past month, exceeding US$5.7 billion, ranking among the top five public chains in the world. This data not only confirms the maturity of TRON's infrastructure in the DeFi field, but also demonstrates its strong carrying capacity as a traditional capital entrance. When Wall Street funds continue to be injected through Tron Inc's compliance channels, a DeFi ecological matrix covering the entire chain of "asset trading-lending services-income appreciation" will build an efficient closed loop of capital appreciation and value transfer.

At present, capital is continuously pouring into the TRON ecosystem through the listed company Tron Inc. These funds are efficiently circulated in the three-level DeFi value networks within its ecosystem, such as Sun.io, JustLend DAO, stUSDT, SunPump, and APENFT, driving the ecological growth flywheel to accelerate. With the efficient acceptance of physical assets by the DeFi base, TRON is reshaping the path of deep integration of off-chain traditional financial assets and on-chain ecology. This integration experiment will drive TRON to evolve into a global financial center infrastructure connecting the on-chain and off-chain worlds.

This Nasdaq debut is not only a key node in TRON's global crypto narrative, but also a prelude to the next round of ecological explosion. Through the dual-wheel drive of capital empowerment and technological development, TRON is embracing global users, developers and investors with a more open attitude, jointly building a new era of large-scale application of Web3 technology and reshaping the future of value delivery.