TRON (TRX) Surpasses Cardano Ahead of Nasdaq Debut

by Ouess

TRON (TRX) has officially climbed to the ninth-largest cryptocurrency, overtaking Cardano (ADA) after a 30% surge in daily trading volume to $1.64 billion. The rally comes just before Tron Inc. makes its Nasdaq debut on July 24, where founder Justin Sun will ring the opening bell.

TRON’s Nasdaq Listing: A Major Milestone

Tron Inc. will trade under the ticker symbol “TRON” after completing a reverse merger with SRM Entertainment. As the largest holder of TRX tokens, the company aims to boost transparency and decentralized finance (DeFi) adoption.

Rich Miller, Tron Inc. CEO, stated:

“Ringing the Nasdaq bell marks a pivotal moment for TRON. With Justin Sun as Global Advisor, we’re focused on long-term innovation and shareholder value.”

Why TRX is Outperforming ADA

  • Market cap: $28.8B (TRX) vs. ADA slipping below $0.80
  • Weekly gains: TRX up 12%, while ADA dropped 10%
  • Trading volume spike: TRX surged 30% in 24 hours

Source : CoinmarketCap

TRON’s Gas-Free Feature Cuts Fees by 70%

Since launching Gas-Free transactions in 2025, TRON has seen:

  • Average fees drop from 2.47 TRX to 0.72 TRX
  • 70% reduction in costs, boosting adoption
  • Price at $0.30, down 3.3% but holding strong

Will the Nasdaq Listing Fuel a Rally?

With TRX now ahead of ADA, all eyes are on whether the Nasdaq debut will trigger a bullish breakout. If momentum holds, TRX could challenge higher-ranked altcoins in the coming weeks.

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