TRX Climbs Past Cardano, Eyes ETF-Driven Breakout – BlockNews

• Tron Flips Cardano: TRX’s market cap rose to $25.79B, overtaking Cardano, fueled by strong stablecoin activity and outperforming Ethereum in stablecoin volume.
• ETF Buzz Lifts Sentiment: The SEC acknowledged Canary Capital’s staked TRX ETF filing, triggering a 9.6% weekly price gain and raising investor optimism despite the token staying under its $0.44 ATH.
• Eyes on Resistance & Year-End Target: TRX has struggled to break $0.30 since Dec 2024, but with over 98% of holders in profit and bullish predictions aiming for $0.3512 by late 2025, long-term momentum is building.

Tron (TRX) just pulled a slick move—its market cap jumped from $24 billion to nearly $25.8 billion, bumping Cardano out of ninth place. Not bad for a coin that often flies under the radar. While the market’s been wobbling, TRX held firm, actually gaining ground. A big part of that? The Tron Network is killing it when it comes to stablecoin transfers, especially with USDT. It even managed to outpace Ethereum in stablecoin volume, which is no small feat. That kind of liquidity shift tends to catch people’s attention—and this time, it seems to be paying off.

That said, there’s another reason folks are looking at TRX. Crypto ETFs have been heating up again lately, and Canary Capital decided to throw their hat in the ring with a new staked TRX ETF. The SEC didn’t shoot it down right away—in fact, they acknowledged it, and that little gesture sent TRX up nearly 10% in just a week. It’s still far from its all-time high of $0.44, but this kind of momentum has the TRX crowd feeling pretty upbeat.

All Eyes on $0.30—Can TRX Break Through?

Since the tail end of 2024, $0.30 has been TRX’s ceiling. It’s hovered around $0.27 lately, just shy of that psychological level. Still, investors aren’t bailing. Why would they? Over 98% of wallets are in profit. With those kinds of numbers, nobody’s feeling the pressure to dump and run. Instead, they’re holding tight, watching and waiting.

Much of this wait-and-see attitude hinges on the fate of that TRX ETF. The SEC’s got a habit of dragging its feet, so it’s hard to say when or if the green light’s coming. Most guesses point toward late 2025. CoinCodex, though, has its sights set a little higher. They’re projecting TRX could hit $0.3512 by year’s end—a 28% bump from where it sits today.

A Familiar Story, but a Fresh Chapter?

So yeah, TRX is doing the usual crypto hustle—big volume, ETF hype, and a loyal community holding on through the noise. Whether or not it can finally crack that $0.30 wall depends on more than just hope. But with stablecoin flows shifting, new ETF chatter stirring things up, and a growing buzz around its future moves, Tron might be ready to punch above its weight for once.