$TRX has overtaken $ADA to claim the 9th spot in the crypto rankings, with a market cap of $25.79 billion. Its rise is fueled by strong performance amid market uncertainty, dominance in USDT transfers, and surpassing Ethereum in stablecoin volume.
Investor sentiment surged following the SEC’s acknowledgment of Canary Capital’s staked TRX ETF filing, pushing TRX’s price up 9.6% last week. With over 98% of holders in profit, major sell-offs appear unlikely.
TRX is currently battling resistance at $0.30, with projections targeting $0.3512 by year-end 2025. A key catalyst remains the potential SEC approval of the TRX ETF.