Tron (TRX) Surpasses Cardano (ADA) and Enters the Top 9: Can TRX Survive?

Updated

June 2, 2025

Gambar Tron (TRX) Surpasses Cardano (ADA) and Enters the Top 9: Can TRX Survive?

Jakarta, Pintu News – Tron’s market capitalization recently reached $25.79 billion, knocking Cardano out of the top nine. This rise was supported by Tron’s strength amid broader market uncertainty.

In addition, the Tron Network has become the dominant host for the transfer of Tether and other popular stablecoins. The increase in the volume of stablecoins on Tron, which has even managed to surpass Ethereum , has increased positive sentiment among investors.

Tron’s prominence in the stablecoin market

usdt0 stablecoin — Source: Unchained Crypto

The Tron network recently recorded a significant feat by surpassing Ethereum in stablecoin transaction volume. This signifies a major liquidity shift in the crypto market. This dominance not only boosts investor confidence but also attracts more transactions into the Tron ecosystem. By becoming a Tether (USDT) transfer center, Tron further strengthens its position in the global crypto market.

This rise was also triggered by the improving market sentiment towards Tron. Investors are starting to see the long-term potential of Tron, especially with the news of Canary Capital’s filing for a Tron staking-based ETF. The SEC’s recognition of the ETF application has pushed TRX’s price up by 9.6% in the past week, although it is still far from its previous high.

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ETF Influence and Tron’s Future Projections

tron crypto opponent sec — Source: Forbes

Canary Capital’s staking-based ETF filing has been a bright spot for the future of Tron. While many crypto ETF proposals are pending, the SEC’s acknowledgment of Tron’s ETF application indicates the possibility of an impending approval. This has given a positive boost to the TRX price, which has now increased significantly.

Although it is still awaiting approval from the SEC, which usually takes several months, analysts are optimistic that the decision will come around the end of 2025. According to data from CoinCodex, it is expected that TRX will reach an increase to $0.3512 by the end of 2025, which signifies a 28% increase from the current price level.

Tron Defies the Odds and Maintains Position

Since December 2024, Tron has struggled to break the $0.30 resistance level. Currently, TRX’s price hovers around $0.27, but its market capitalization is performing strongly. This has kept investors calm and in no rush to sell their assets. With more than 98% of addresses currently profitable, there will most likely be no massive selling of TRX to realize profits.

This strength shows that Tron is not only successful in the short-term but also has long-term growth potential. By continuing to strengthen its infrastructure and increase adoption, Tron has the potential to maintain its position among the top ten global cryptocurrencies.

Conclusion

With numerous achievements and growing potential, Tron (TRX) is showing that they are not just a passing competitor. The success in overcoming Cardano (ADA) and the potential for future ETF approval promise even more growth. Investors and market watchers will continue to watch these developments with great enthusiasm.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.