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TRON’s 7-Year Journey: From Controversial ICO to Nasdaq Opening Bell

2025-07-25 03:47:35

TRON’s 7-Year Journey: From Controversial ICO to Nasdaq Opening Bell

Main Idea

TRON's journey from a controversial ICO in 2017 to becoming the first major blockchain platform with direct public equity exposure by 2025 highlights its resilience, strategic acquisitions, and dominance in stablecoin transactions.

Key Points

1. TRON's 2017 ICO raised $70 million at $0.0019 per TRX token, strategically timed before China's ICO ban, with 40% of the total supply sold.

2. A 2018 plagiarism scandal severely impacted TRON's reputation, causing its token price to drop from $0.28 to below $0.05 and market cap to fall from $18 billion to $7 billion.

3. TRON rebuilt credibility through the $140 million acquisition of BitTorrent in 2018, integrating blockchain elements and launching BitTorrent Token (BTT).

4. TRON became dominant in stablecoin transactions by 2022, surpassing Ethereum in USDT supply with $79 billion on its network and 2.4+ million daily USDT transfers.

5. TRON achieved public market exposure in 2025 via a reverse merger with SRM Entertainment, listing on Nasdaq, though its stock declined 9.6% on debut despite prior gains.

Description

In July 2025, TRON achieved what many considered impossible just seven years earlier – ringing the opening bell at the Nasdaq Stock Market. This milestone marked the completion of one of cryptocurrency’s most dramatic transformation stories, taking TRON from a plagiarism-accused ICO project to becoming the first major blockchain platform with direct public equity exposure. The journey from August 2017 to July 2025 demonstrates how a cryptocurrency project can overcome early controversies through...

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