#TRXETF

TRON (TRX) is currently trading at $0.24 with a 1.38% increase over the past 24 hours. Here are some key market trends worth following ¹ ²:

- *Market Cap*: $22.97 billion - $23.21 billion, ranked ninth in market capitalization among cryptocurrencies.

- *24-Hour Trading Volume*: $431.01 million - $396.63 million, indicating moderate trading activity.

- *Circulating Supply*: 94.94 billion - 95 billion TRX tokens.

- *All-Time High*: $0.4407 (December 3, 2024)

- *All-Time Low*: $0.001091 (September 15, 2017)

*Recent Developments:*

- Canary Capital has applied for a TRX ETF, which could boost investor interest.

- TRON's delegated Proof of Stake (DPoS) consensus mechanism enables high throughput and energy efficiency.

- The TRON network supports smart contracts, decentralized applications, and direct interactions between creators and consumers.

*Price Performance:*

- *Daily Change*: +1.36% - +1.38%

- *Weekly Change*: -0.96%

- *Monthly Change*: +5.16%

- *Annual Change*: +121.44%²

Where Ethereum holds a clear lead with the expansion of TVL across emerging chains and Layer 2 networks.

Ethereum leads to $46.7 billion in TVL, which is over 6 times higher than Solana's $7.42 billion.

Layer 2 solutions like Base and Arbitrum cross $2.5 billion in TVL, indicating rapid ecosystem growth.