TRX

Tron has evolved from a content-distribution concept into one of crypto’s busiest settlement networks, with stablecoin transfers recently running at roughly $150 billion to $190 billion per week. Its long-term investment case now hinges on USDT activity, low transaction costs, TRX utility and the direction of stablecoin regulation.

Dogecoin surged more than 15% to just above 10 cents, outpacing major tokens as Bitcoin steadied above $85,600. More than $1 billion in crypto positions were liquidated over the past day, including $844 million in bearish bets.

The Canary Staked TRX ETF is set to begin trading on Cboe under the ticker TRXS, giving U.S. investors indirect exposure to Tron’s native token. The fund’s staking structure is designed to keep rewards inside the vehicle, potentially lifting net asset value rather than distributing cash.

Tron’s TRX hits record highs above $0.40 with a 76% rally, driving a surge in ecosystem activity. Discover the reasons behind its meteoric rise and the broader market impact.