Tron Inc. celebrated its entry into public markets by ringing the Nasdaq opening bell, marking the completion of a $210 million reverse merger with Dominari Securities. This strategic move enables efficient access to public trading while allowing Tron to implement digital asset treasury strategies, including holding TRX reserves akin to MicroStrategy’s bitcoin approach.
Market data reveals contrasting trends for Tron’s ecosystem. While TRX has delivered substantial long-term gains—rising approximately 130% year-to-date and 14% over the past month—the token faced recent headwinds with a 2% dip to $0.30912 within 24 hours.
Parallel to these price movements, Tron experienced a $136 million decrease in Total Value Locked (TVL), declining from $5.847 billion to $5.711 billion. This contraction suggests potential liquidity reallocation within its DeFi ecosystem amid shifting market conditions.
Investor sentiment remains divided following the Nasdaq milestone. Community optimism about Tron’s corporate expansion and treasury strategy is tempered by caution over the TVL contraction and ongoing price volatility.