TRON: First Staked TRX ETF $TRXS Launches in US
TRON launches $TRXS, first staked TRX ETF in US markets at $0.34 with bullish EMA50 support and MACD golden cross on 4h chart.
SourceAnalysis
TRON founder Justin Sun announced the debut of $TRXS, the first staked TRX ETF, hitting US markets Wednesday and delivering direct exposure to staked TRX through traditional ETF structures.
The move marks a structural shift for TRX holders seeking regulated yield products after twelve months of expanding institutional interest in proof-of-stake assets. $TRXS arrives as TRX trades at $0.34.
Price action on the 4h chart shows TRX testing upper Bollinger Band resistance at $0.34 while the RSI(14) sits neutral at 61.11 and the MACD registers a bullish golden cross at 0.0; with the EMA50 acting as immediate support at $0.34 and the EMA200 anchored at $0.33, any short-term pullback would likely target the lower band near $0.33 before continuation. This setup informs near-term TRX price prediction models and highlights resilience even amid broader crypto market crash fears.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor