TRX Surges 1.95% as SEC Reviews Staked ETF Filing, Whale Holdings and Market Interest Climb

TRON (TRX) is currently trading at $0.2714 with a 24-hour trading volume of approximately $878 million and a 1.95% price increase over the past day, maintaining a market capitalization near $25.9 billion and ranking #10 by market cap. The recent price uptick is primarily attributed to increased trading activity, rising whale and long-term investor holdings, and heightened market interest following the US SEC’s acknowledgment of Canary Capital’s Staked TRX ETF filing, which marks a significant regulatory development for TRX. Additionally, technical consolidation above $0.265, public attention from high-profile events involving Tron’s founder, and bullish short-term forecasts have contributed to the positive momentum, despite mixed technical indicators and a decline in short-term retail participation.