Tron is once again grabbing mainstream headlines, primarily as the blockchain is now on the cards to go public. Justin Sun’s Tron is now all set to go public through a reverse merger in collaboration with SRM Entertainment. This news has led TRX enthusiasts and holders to reawaken their hope, speculating whether this event may trigger a spectacular price hike in the TRX price.
Also Read: TRON Nasdaq Debut via SEC-Approved Reverse Merger, Shares Jump $100M
Tron Goes Public
Justin Sun’s crypto-backed Tron has now entered into a reverse merger with SRM Entertainment. This merger simply refers to a process where a company would merge with a public company rather than exploring an active IPO. The method allows a firm to penetrate the public markets at a faster pace, allowing smoother access to the perks. This merger will also push Tron to invest $210 million of tokens into Tron, thereby bolstering its holdings by a notch.
The announcement of the firm making its way to the public markets has already helped TRX surge 10%. At press time, the token is sitting at $0.27, showcasing a change of 0.89% in the last 24 hours.
🚨 Tron – $TRX is making moves:
$210M reverse merger to go public on Nasdaq
TRX up 10% 📈
$55.7M in 30-day revenue
$694.5B USDT transfers in May 💸
Aligning with Eric Trump & adopting MicroStrategy-style reservesAll-time high incoming? 👀 $TRX#Tron #TRX #Crypto #IPO #USDT pic.twitter.com/6D7WLRIjNJ
— Wise Crypto (@WiseCrypto_) June 17, 2025
TRX Price Analysis: What Happens Once the Firm Goes Public
Several experts have already started to predict a brewing TRX pump as the company gears up to embrace this new chapter. Per a crypto expert on X known as Batman, TRX is currently forming a cup and handle formation on its chart, showcasing how the token is preparing for a decent price jump.
Looks like $TRX is getting ready to pump. A classic cup and handle is formaing right now.
Tron, the parent company of TRX, will go public in the US and the TRX market cap surged $2 billion in 10 minutes on that news.
This moment is like slowly, but surely. Let’s go! pic.twitter.com/J1D4dfDEzH
— BATMAN ⚡ (@CryptosBatman) June 16, 2025
“Looks like $TRX is getting ready to pump. A classic cup and handle is forming right now. Tron, the parent company of TRX, will go public in the US, and the TRX market cap surged $2 billion in 10 minutes on that news. This moment is like slowly but surely. Let’s go!”
Per ChatGPT, TRX may surge to hit $0.30 in a base case scenario. In bullish price prospects, Tron may go as high as $0.40 to $0.50.
The platform further stated that in a typical “hype cycle,” the token can surge as high as $0.75 once TRON starts trading in public.
Also Read: Tron TRX To Go Public, Eric Trump To Take a Role at the Company
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