- Tron added Kraken to its 27 Super Representatives, enabling the exchange to securely validate transactions and produce blocks.
- Kraken’s entry as SR signals institutional trust in Tron’s platform, given Kraken’s regulatory compliance and strong security record.
Tron has added Kraken to its Super Representative network, marking a clear vote of confidence from a leading crypto exchange. Justin Sun, Tron’s founder, announced the partnership in an X post to his 3.8 million followers.
Kraken也来了，下一个是谁？ https://t.co/O3yH54rwUc
— H.E. Justin Sun 🍌 (@justinsuntron) July 2, 2025
Super Representatives on Tron validate transactions, produce blocks and steer governance votes. The network relies on 27 elected SRs to keep its ledger secure and decentralized. By joining this group, Kraken takes on those duties alongside community‑chosen peers.
Kraken has operated under regulation for years and holds a strong reputation for security and technical reliability. Its decision to serve as a Tron SR signals that major firms view Tron as a viable blockchain platform. Moreover, the exchange’s presence may attract other institutions to consider similar roles on Tron’s network.
Meanwhile, the move could reshape regulatory opinions. The U.S. Securities and Exchange Commission previously sued Justin Sun over alleged fraud. Kraken’s endorsement may prompt the agency to reassess Tron under a more favorable light, given the exchange’s own compliance standards.
Sun hinted that more partners may follow. If other well‑known firms step forward, Tron’s governance model will gain further validation. For now, Kraken’s participation strengthens Tron’s claim to a truly distributed network, backed by an exchange with global reach and a history of regulatory cooperation.
TRON (TRX) is trading at $0.2816 USDT, reflecting a +1.00% daily increase, with a solid weekly gain of +2.85%, and a +3.95% monthly performance. TRX has demonstrated notable resilience in 2025, with a +10.52% YTD gain and a staggering +120.23% increase over the past 12 months, significantly outperforming many Layer 1 peers in the current cycle.
From a technical standpoint, TRX recently broke out of a bullish wedge pattern, confirming a move higher toward the $0.289–$0.30 resistance range. Volume sits at over 133 million TRX, and the structure is forming a cup-and-handle setup on the daily chart—bullish if sustained.
If price reclaims and holds above $0.29, short-term targets sit at $0.315–$0.34, while support remains firm near $0.26, aligned with the wedge’s base and recent accumulation zone.
Fundamentally, TRON has surged ahead due to multiple high-impact developments:
- TRON has surpassed Ethereum in USDT transfer volume, handling 5x more stablecoin activity, driven by its low fees and high throughput, making it a preferred chain for on-chain settlement.
- SRM Entertainment has staked 365 million TRX as part of a broader $100 million treasury strategy following the reverse merger with TRON, aimed at making TRX the first major Layer 1 listed on Nasdaq.
- Rumors of a $210 million Nasdaq deal and significant institutional positioning have further energized speculation, mirroring the early MicroStrategy-BTC narrative.
- Whale behavior has spiked—over $627 million in TRX was moved in a recent profit-taking spree, triggering market-wide liquidity reshuffling.
- Technical analysts are forecasting a +40% breakout move, contingent on a confirmed structure break above $0.30, which would unlock the next major leg higher.
TRX continues to show strength both technically and fundamentally. The token benefits from a strong user base in Asia, aggressive treasury positioning, and sustained utility via USDT flows.
