TRON Surges Past Cardano: Can USDT-Backed Momentum Push TRX to $0.40?

In a significant market shift, TRON (TRX) has overtaken Cardano (ADA) in market capitalization, securing the ninth-largest cryptocurrency spot. This milestone follows Tron Inc and founder Justin Sun ringing the opening bell at Nasdaq in New York, further solidifying TRON's presence in the mainstream financial ecosystem. Sun's involvement with the TRUMP family's crypto ventures, including investments in TRUMP meme coins and ties to World Liberty Financial, has added to the project's visibility. Despite a broader market downturn, TRX's price shows resilience, with analysts speculating a potential rise to $0.40. The event marks another achievement for Sun, who continues to expand TRON's influence in the crypto space. As of July 2025, the TRON community remains bullish, with many eyeing the $0.40 target as the next key resistance level.

Tron Coin Flips Cardano as Justin Sun Rings Nasdaq Bell, TRX Price to $0.40?

TRON coin surpassed Cardano in market capitalization to claim the ninth-largest crypto asset spot after Tron Inc and Justin Sun rang the Nasdaq opening bell in New York. The event marked another milestone for Sun, who has been actively involved with the TRUMP family's crypto ventures, including investments in TRUMP meme coins and ties to World Liberty Financial.

Despite a broader market downturn, TRX's price decline was less severe than ADA's 8% drop, solidifying its position with a market cap above $29 billion. The network's 2025 high reflects growing activity, bolstered by stablecoin issuers favoring TRON for settlements. USDT's supply on TRON has exceeded $80 billion, capturing over 50% of the circulating stablecoin market.

Regulatory tailwinds, including the GENIUS Act and the SEC dropping its fraud investigation into Sun, further underscore TRON's momentum. The U.S. government's push to leverage stablecoins for dollar dominance aligns with TRON's expanding role in the ecosystem.

SparkDEX Is Surging. Can Its Upcoming $SPRK Token Keep the Fire Burning?

SparkDEX, an AI-powered DeFi platform on Flare, has seen a 650% surge in total value locked (TVL) to over $90 million and $3 billion in trading volume following its integration of Tether's USDT₀ standard. The protocol's native token, $SPRK, is set to debut on Flarepad, a launchpad for Flare-native projects, amid broader market skepticism about DeFi's growth prospects.

The DeFi sector remains subdued, with TVL at $123.6 billion—well below its $214 billion peak earlier this year. Regulatory uncertainty and scattered momentum persist, but SparkDEX's performance stands out as it positions itself for the emerging XRPFi ecosystem.

Bitcoin Recovers to $116K Amid $3.5B Galaxy Digital Sell-Off

Bitcoin demonstrated resilience as it climbed back to $116,000 after a brief dip to $114,700, despite Galaxy Digital offloading nearly 30,000 BTC worth approximately $3.5 billion. The sell-off, executed in waves, saw significant deposits into exchanges including Binance, OKX, and Bybit, followed by withdrawals of $1.15 billion in USDT, indicating completed sales.

Market liquidity absorbed much of the selling pressure, mitigating deeper price declines. Galaxy Digital retains 18,504 BTC ($2.14 billion), suggesting strategic repositioning rather than a full exit. The MOVE aligns with earlier signals of institutional portfolio adjustments.