Tron Coin Flips Cardano as Justin Sun Rings Nasdaq Bell, TRX Price to $0.40?

As Tron Inc and Justin Sun rang the Nasdaq stock market opening bell at Times Square in New York City on Thursday, TRON coin flipped Cardano in market cap to become the 9th largest crypto asset.

This marked one of many significant developments by Justin Sun after closely working with the Trump family.

Notably, Sun invested extensively in TRUMP meme coin and is associated with the Trump family’s crypto firm World Liberty Financial.

TRON Coin Surpasses Cardano in Market Cap

TRON topped Cardano after the crypto market crashed, with TRX price falling slightly as compared to 8% drop in ADA price.

At the time of writing, TRON coin ranked as the ninth-largest cryptocurrency with a market cap above $29 billion.

TRON also made a 2025 high last week amid continued growth in network activity. Also, stablecoin issuers prefer issuing on TRON network, signaling strong demand and expanding liquidity.