TRON Network Sees Boost with Canary Staked TRX ETF Launch
The TRON network has received a boost with the launch of the Canary Staked TRX ETF, which offers exposure to TRX while seeking additional returns through delegated proof-of-stake validation.
The fund's net asset value will reflect net staking rewards, providing investors with another reason to consider exposure to TRX.
However, the TRX price needs to clear $0.35 resistance before it can make a move towards $0.45, which could potentially push TRX/USD into a new price discovery phase and surpass its late-2025 high.
TRON's on-chain activity has cooled from its June 2026 peak, with active addresses declining to around 4.35 million by early September, but still remaining substantial compared to the 2 million active addresses in early 2024.