$TRX

TRON ($TRX) is trading around $0.2419 as of April 20, 2025, with a market cap near $22.96 billion, placing it among the top 10 cryptocurrencies. Built on a high-throughput blockchain using a Delegated Proof of Stake (DPoS) system, TRON supports decentralized applications (dApps) and aims to decentralize the web. Recently, $TRX saw a 2.7% dip, driven by large sell-offs from major holders. In a significant move, Canary Capital filed for the first TRON spot ETF, which includes staking rewards, with BitGo Trust as custodian. This could enhance mainstream adoption and make TRX more accessible to traditional investors through regulated investment channels.