TRON (TRX) is a blockchain-based platform focused on building a decentralized internet. It supports smart contracts and decentralized applications (dApps), allowing fast and low-cost transactions using a Delegated Proof-of-Stake (DPoS) system. TRX is the native cryptocurrency used to power the network and pay for transactions. As of April 2025, TRX is trading at around $0.243 with a market cap of over $23 billion. Recently, Canary Capital filed for the first-ever TRX ETF with the U.S. SEC, which will include staking options offering an estimated 4.5% annual yield. This ETF would hold real TRX tokens, making it the 13th crypto to get a spot ETF filing. It’s a major step for bringing TRX into mainstream investment platforms.
