Tron Gears Up for Bullish Breakout on U.S. Listing Strategy
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Tron Gears Up for Bullish Breakout on U.S. Listing Strategy

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Azeez Mustapha

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Tron (TRX) surged more than 9% after Justin Sun unveiled plans to take his blockchain project public in the United States via a reverse merger with Nasdaq-listed SRM Entertainment Inc. In a dramatic market move, SRM shares rocketed 700% on the announcement, underscoring investor enthusiasm for a high-profile crypto listing. Under the deal, SRM Entertainment will rebrand as Tron Inc., backed by a fresh $100 million equity injection to underpin a new TRON treasury initiative.


Sun steps into an advisory role at the combined company, while Eric Trump, through his ties with Dominari Securities, played a pivotal part in arranging the transaction. Market analysts view the merger as a watershed moment for Tron, believing it will unlock broader institutional capital, enhance regulatory credibility, and heighten TRX’s visibility among mainstream investors. As the countdown to the formal listing begins, sentiment across digital-asset markets suggests that TRON could be poised for a sustained uptrend.

Key TRON Levels To Watch – June 17

Tron Gears Up for Bullish Breakout on U.S. Listing Strategy

TRXUSD is forming higher lows above a rising trendline, showing bullish structure continuation. Price is currently near the trendline support at $0.2730 and the 9-day SMA, which may act as a springboard for upward momentum.

The Stochastic Oscillator is oversold, suggesting a potential reversal to the upside. A breakout above $0.2830 could open the way toward $0.2960 and possibly $0.3050.

TRXUSD Key Levels

Resistance Levels: $0.2820, $0.2960, $0.3050
Support Levels: $0.2520, $0.2390, $0.2110

TRX METRICS

Total Market Capitalization: $3.26T
TRX Market Capitalization: $26.03B
TRON Volume: $487.18M
Market Rank: #8

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