Key Points
- On June 17, Sun pointed out that Tronstrategy’s daily trading volume surpassed $1.8 billion.
- This comes following the announcement that Tron will go public in the US in a reverse merger with SRM Entertainment.
- SRM Entertainment’s share is up by almost 534% today.
Tron’s founder, Justin Sun, announced on June 17 that Tron MicroStrategy’s daily trading volume has surpassed that of Alibaba and Tencent. The announcement comes following yesterday’s massive Tron-related news.
Justin Sun Reveals Tronstrategy’s Daily Trading Volume
On June 17, Sun shared a post on X, revealing that Tronstrategy’s daily trading volume has surpassed $1.8 billion, overtaking the daily trading volume of Alibaba at $1.19 billion and Tencent’s daily trading volume at $700 million.
Sun explained that it’s clear that both the people and the market are highly enthusiastic about the latest Tron-related initiative, and he promissed that they will continue to work hard.
I just saw that Tron MicroStrategy’s trading volume has surpassed that of Alibaba ($1.19 billion) and Tencent ($700 million). https://t.co/EKDg0CsaBD
— H.E. Justin Sun 🍌 (@justinsuntron) June 17, 2025
Tron’s founder referred to Tronstrategy as the strategy adopted by the new merger, which was announced on June 16 – yesterday, it was revealed that Tron will go public in the US and merge with NASDAQ-listed SRM Entertainment, a company specializing in designing, developing, and distributing exclusive licensed children’s products.
Tronstrategy Explained
The reverse merger between Tron and SRM Entertainment was said to result in a new venture called Tron Inc, which would buy and hold TRX, following in the footsteps of Strategy₿, previously known as MicroStrategy, the Bitcoin-centric company that began buying BTC in August 2020.
Since the announcement on June 16, SRM Entertainment’s share went up by almost 534%, now trading at $9.19.
According to official sources from Yahoo Finance and MarketWatch, the daily trading volume of the company now stands between 240 million and 250 million shares, compared to a 65-day average of over 4 million shares.
As of today, June 17, the daily trading volume of SRM Entertainment surpassed $2 billion, based on the numbers listed above, seeing an impressive surge since yesterday’s Tron merger announcement.
TRX Price Surges
Tron’s TRX is also trading in the green today, being up by over 2% in the past 24 hours.
On June 16, TRX recorded a price spike of more than 3% after the Tron-SRM Entertainment announcement, and today, the digital asset recorded more consecutive green candles.
During yesterday’s announcement, the Financial Times speculated that the US President, Donald Trump’s son, Eric Trump, would be a part of this new project, but he shared a message on X, saying that the information was not accurate.
.@tier10k I’m the biggest fan of Tron and love @justinsuntron – he is a great friend and an icon in the crypto space. That said the below is inaccurate – I don’t have public involvement. https://t.co/CDt0uudY1s
— Eric Trump (@EricTrump) June 16, 2025
However, he made sure to express his admiration for Tron and Justin Sun, whom he called “a great friend and an icon in the crypto space.”
With or without Eric Trump on board, the “Tronstrategy” definitely shows great results.
