I think last week’s TRON was a week in which the entry point for “how to get into TRON” opened up significantly
On 9/9, Canary Staked TRX ETF “TRXS” made its market debut on Cboe BZX
And on 9/10, the range of major dApps in the TRON ecosystem accessible via MetaMask expanded even further
At first glance, these are different pieces of news, but when you line them up, there are common points
🔶9/9｜TRXS makes its market debut🔶
Canary Staked TRX ETF “TRXS,” which I introduced on 8/19
At the time, based on SEC filing materials
🔹Price exposure to TRX
🔹A design that includes staking
🔹Difference vs. directly holding TRX
…and looking at what kind of product it is,”
And this week, it’s already at the stage where it’s actually being traded on Cboe BZX
As a result,
Securities account
↓
TRXS
↓
Exposure to TRX
…that doesn’t directly involve managing this wallet🔥
What’s interesting here is not only that it has been listed, but how trading volume, AUM, capital flows, and, going forward, TRX holdings and staking will accumulate
8/19 was “the mechanism”
From 9/9, it’s time to look at the “track record.”
🔶9/10｜MetaMask’s connection destinations expand🔶
MetaMask started native support for the TRON Network this year, but
This time as well,
🔹SUN.io
🔹JustLend DAO
🔹BitTorrent
🔹B.AI
Each dApp has expanded support for MetaMask connections
From the user’s perspective, it’s a pretty easy-to-understand change.
Instead of preparing an entirely different wallet environment every time to use TRON—rather, from MetaMask you can
🔹Swap on SUN.io
🔹JustLend DAO for Lending
🔹BitTorrent-related services
🔹On-chain features of B.AI
More opportunities will arise to access
It’s not just about “what’s available on TRON,” but a move to lower the barrier to “how to get in.”
🔶 What do you see from 7 tickers?🔶
What’s directly related this time is
TRX
→ New market access via TRXS
SUN
→ MetaMask connection to SUN.io
BTT
→ Expansion of connections to the BitTorrent ecosystem
These three
JustLend DAO is also supported, but there are some things to note here
It doesn’t mean that JST is required in order to use the JustLend DAO
JST is only the Governance Token for JUST / JustLend DAO
A new option has been added to the US market: a way to “manage this wallet directly,” even though “MetaMask support” doesn’t directly increase the times you use JST
I think you shouldn’t simply connect it
🔶 Key points to watch🔶
Last week,
🔹Traditional finance side
Securities account → TRXS → TRX
🔹From the Web3 side
MetaMask → TRON dApps
From both of these directions, the entry points into TRON have expanded
Not only are you increasing the products, but you’re also making it easier to access TRON from environments that many people already use
To see whether it leads to actual usage, we’ll be paying close attention to this move of “adding more entry points” going forward
For those encountering TRON for the first time,
“Being able to access TRX from a securities account” and
“Using a dApp from MetaMask”
Which one do you think lowers the usage barrier more?
