SRM Rebrands as Tron Inc., Nasdaq Ticker Now ‘TRON’

TheCryptoTimesPubblicato 2025-07-16Pubblicato ultima volta 2025-07-17

SRM Entertainment, Inc has formally renamed itself Tron Inc. to indicate its new interests in the TRON blockchain and its associated cryptocurrency, TRX.

As per the announcement, the company’s stock symbol will change to “TRON” on the Nasdaq exchange starting July 17, 2025. However, its CUSIP number, a unique stock identifier, will remain the same. SRM stock has surged 29.91% to $8.73, up $2.01, following the announcement.

This name change marks the company’s shift toward using TRON tokens as a central part of its business strategy. The market has reacted positively, with the company’s stock price rising since it announced this move. Tron Inc. now holds over 365 million TRX tokens, making it the largest public company holder of TRX in the world.

CEO Rich Miller said that the move towards this change is in favor of their mission to build long-term value and contribute to an accelerated, low-cost global payment system by leveraging the TRON network.

Aside from its blockchain focus, the company also designs and produces toys and souvenirs for major theme parks like Disney, Universal Studios, SeaWorld, and Six Flags, based on famous movies and franchises.

Also Read: TRON Network’s Growth Tied to Rising Tether Supply: Crypto Analyst

Follow The Crypto Times on Google News to Stay Updated!

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

ZRX（0X）ZRX

PancakeSwapCAKE

Letture associate

Crypto market’s weekly winners and losers – ADA, LIT, VVV, PI

This week's crypto market saw a technical recovery, shifting momentum from Bitcoin to altcoins and driven by project-specific catalysts rather than speculation alone. The top weekly gainer was **MemeCore [M]**, surging 110% following a buyback announcement. **Cardano [ADA]** gained 33.5%, its strongest weekly performance since Q1 2025, ahead of its Van Rossem hard fork. **Lighter [LIT]** rose 31%, with bullish momentum continuing. Other notable high-movers included Pop Planet and Vanta Network. Among losers, **Venice Token [VVV]** fell 14%, breaking below key support with sellers in control. **Pi [PI]** dropped over 8%, losing critical support levels, while **Canton [CC]** extended its decline with a nearly 6% weekly loss. Broader market decliners included SkyAI and Xeffy. The week highlighted a market where fundamentals and technical developments were key drivers of price action.

ambcrypto1 h fa

Crypto market’s weekly winners and losers – ADA, LIT, VVV, PI

ambcrypto1 h fa

Will Cardano’s 500M ADA treasury plan unlock the next phase of growth?

Cardano has proposed increasing its treasury Net Change Limit from 350 million to 500 million ADA, a 43% boost to fund ecosystem projects. With the treasury holding roughly 1.47 billion ADA but only 68 million withdrawn to date, its funding capacity significantly outpaces current usage. The effectiveness of this increase hinges on strong governance and efficient capital deployment. On-chain data shows signs of recovery, with over 14,700 new non-empty wallets added since late June and ADA's price rebounding 35% to around $0.20, suggesting a shift from capitulation to accumulation. Sustained growth requires both disciplined treasury execution and increasing network participation.

ambcrypto5 h fa

Will Cardano’s 500M ADA treasury plan unlock the next phase of growth?

ambcrypto5 h fa

Why VELVET crypto’s 12% drop may be the start of a bullish setup

Velvet (VELVET) experienced a 12% price drop, driven by seller pressure that led to $8.76 million in capital outflows from the perpetual futures market. However, chart analysis indicates this decline mirrors a fractal pattern from June, suggesting the token may enter approximately two more weeks of consolidation within a channel defined by resistance at $0.577 and support at $0.417. Technical indicators, including the trajectory of the Aroon lines and trading volume, lean slightly toward a potential bullish breakout following this period. Despite the price dip, trader sentiment remains predominantly bullish at 74%, and the holder count has reached a new high, indicating underlying strength and a potential setup for a future rally rather than a sustained downturn.

ambcrypto6 h fa

Why VELVET crypto’s 12% drop may be the start of a bullish setup

ambcrypto6 h fa

Is XRP’s $1 price zone a bear trap? Here’s what the data suggests

Discussion of a new altcoin cycle is building. This week, Ethereum outperformed Bitcoin, signaling growing altcoin momentum. Ripple (XRP) surged nearly 9%, briefly reclaiming $1.18, its highest level since mid-June, indicating strong capital rotation into higher-beta altcoins. A whale opened a $16 million long position around $1.10, already showing significant profit. While parabolic long leverage near the $1 supply zone raises the risk of a volatility-induced pullback, sustained institutional demand provides a counter-narrative. U.S. spot XRP ETFs have seen nine consecutive weeks of net inflows, totaling $17.19 million this week, contrasting with outflows from Ethereum ETFs. This suggests XRP's consolidation around $1 may be a potential bear trap, with institutional backing and bullish positioning supporting further upside.

ambcrypto7 h fa

Is XRP’s $1 price zone a bear trap? Here’s what the data suggests

ambcrypto7 h fa

How Ethereum’s ‘Lean’ roadmap could reshape ETH over the next 4 years

Ethereum has entered a new development phase with the introduction of the 'Lean Ethereum' roadmap, a multi-year overhaul aiming to reshape the network's core protocol over the next 3-4 years. The plan focuses on major technical upgrades to improve scalability, security, and long-term resilience. Key components include implementing recursive STARKs, quantum-safe cryptography to guard against future threats, a multidimensional gas model, and a redesigned state architecture using Verkle trees. These changes aim to significantly increase transaction throughput, lower costs, and improve finality speed while maintaining backward compatibility. Infrastructure development is already underway, with initiatives like post-quantum secure devnets and the Glamsterdam upgrade laying the groundwork. Efforts are also focused on scalable state management and increasing the network's gas limits. The overarching goal is to future-proof Ethereum, enabling it to scale efficiently and securely throughout the next decade with minimal disruption to existing applications.

ambcrypto9 h fa

How Ethereum’s ‘Lean’ roadmap could reshape ETH over the next 4 years

ambcrypto9 h fa

Trading

Spot

Articoli Popolari

Come comprare TRX

Benvenuto in HTX.com! Abbiamo reso l'acquisto di TRON (TRX) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente TRONTRX.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva TRON (TRX)Dopo aver acquistato TRON (TRX), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia TRON (TRX)Scambia facilmente TRON (TRX) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

1.6k Totale visualizzazioniPubblicato il 2024.12.10Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di TRX TRX sono presentate come di seguito.