Tron is once again grabbing mainstream headlines, primarily as the blockchain is now on the cards to go…

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 reserves

All-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