$TRX reports 0.3488U, up 1.5% over 24 hours.
The Canary-staking version of the TRX ETF has launched for about a week and a half, and its current AUM has reached $50.30 million.
More importantly, over the past 90 days, the stablecoin supply on the TRON network has increased by about $4.8 billion, and real on-chain demand continues to grow.
The core logic behind this TRX move is fairly clear:
Stablecoin demand provides support + the ETF capital channel is opened.
The ETF offers an institutional funding entry point, while on-chain stablecoin growth reflects genuine usage demand.
On the technical side, focus on support at 0.336U.
As long as the support level holds, the short-term trend remains relatively strong; what truly matters next is whether ETF inflows can continue to expand.#TRX✅
The Canary-staking version of the TRX ETF has launched for about a week and a half, and its current AUM has reached $50.30 million.
More importantly, over the past 90 days, the stablecoin supply on the TRON network has increased by about $4.8 billion, and real on-chain demand continues to grow.
The core logic behind this TRX move is fairly clear:
Stablecoin demand provides support + the ETF capital channel is opened.
The ETF offers an institutional funding entry point, while on-chain stablecoin growth reflects genuine usage demand.
On the technical side, focus on support at 0.336U.
As long as the support level holds, the short-term trend remains relatively strong; what truly matters next is whether ETF inflows can continue to expand.#TRX✅