$TRX | @trondao @justinsuntron | #TRONEcoStar | Chive Box ▪️ Everyone says TRON has a solid foundation and strong payment capabilities, but "compliance" has always been a hurdle. This time, having the U.S. asset management firm Canary Capital help file an ETF application is quite worth exploring. ▪️ This is the first public chain primarily with a Chinese background attempting to bring an ETF onto the compliant path of the U.S. stock market. For TRON, it's both a "rebranding" and an "accelerator for global expansion." If the ETF is approved in the future, not only will institutions and retail investors find it easier to buy $TRX, but the liquidity and attention of the entire ecosystem will also increase simultaneously. ▪️ Looking back at the TRON ecosystem itself, it hasn't been very quiet in the past few months. Huobi HTX is an example. Despite the overall market trading volume declining, the spot trading volume has surprisingly increased by 11.4%. You could say it's due to a deep user base or a long-lived ecosystem. ▪️ Speaking of $USDD, after upgrading to 2.0 earlier this year, the collateral mechanism and risk control have been strengthened. Although it still has a gap from "mainstream stablecoins," it has become an important part of the circulation value within the TRON ecosystem. ▪️ More interestingly, many people haven't noticed that TRON's payment network has already attracted more than two super-large institutional-level "users," with a scale of over a million users. The choice of transaction fees between $TRX, $BSC, and $ETH chains actually doesn't make much difference. This part of the capital flow and payment demand truly exists—it's not just a slogan of "application landing," but real usage. ▪️ Currently, TRON has "ETF filing + real payment network traffic + strengthened stablecoin mechanism" as threefold support. If you are interested in chains that can be used long-term, it deserves to be reevaluated.
Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards 🚨 Cboe files to list the first U.S. spot ETF offering $TRX staking exposure. 📄 SEC has 45 days to decide. 💰 Fund tracks TRX via CoinDesk benchmark.
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