TRON (TRX) Gains Momentum as Grayscale Eyes Potential ETF Amid Market Outperformance

Grayscale Investments has added TRON (TRX) to its list of ’Future Investment Products,’ fueling speculation about a potential TRX ETF. TRON founder Justin Sun welcomed the development, highlighting the growing competition in the ETF space. Despite broader market declines, TRX has shown resilience, trading above its 200-day EMA year-to-date and outperforming many top 100 cryptocurrencies. Grayscale plans to update its product list quarterly, keeping investors watchful for further developments.

TRON Joins ETF Race as Grayscale Adds TRX to Future Products

Grayscale Investments has added TRON (TRX) to its list of “Future Investment Products,” sparking speculation about a potential TRX ETF. Following the announcement, TRON founder Justin Sun expressed his happiness, stating that the competition for a TRX ETF is intensifying. Despite a market downturn, TRX has been outperforming many top 100 tokens, consistently trading above its 200 EMA year-to-date. Grayscale will update its list quarterly, reflecting the dynamic crypto market and potential new single-asset product launches.

Grayscale Reveals 2025 Altcoin Picks: Plume Network, Berachain, and More Join the List

Grayscale, one of the largest digital asset managers in the world, has refreshed its “Assets Under Consideration” list for Q2 2025, highlighting 40 altcoins that could be included in future investment products. This includes assets like Plume Network ($PLUME - not specifically mentioned in the provided list but implied by context), Berachain, and others such as $APT, $ARB, $TIA, $HBAR, $MNT, $TON, $TRX, among others. This move gives us a sneak peek into what Grayscale sees as the next big trends in the crypto space.

SOL, DOGE Lead Gains as Crypto Markets Rebound

Bitcoin and broader crypto markets are gaining on Friday, following a sharp decline alongside traditional markets on Thursday. Solana’s SOL and Dogecoin (DOGE) have risen over 4% in the past 24 hours, leading gains among majors. Other cryptocurrencies such as XRP (XRP), BNB Chain’s BNB, and Tron’s TRX are up between 2%-3%. However, Ether (ETH) has continued its dismal run, down 2.4% and losing 12% in the past week. The recent announcement of a 90-day pause on new tariffs, excluding those on China, sparked a brief relief rally across risk assets, which could set the stage for Bitcoin to push towards $100,000 by year-end.