TRON’s network stays busy – So why is TRX ETF demand stalled?

Key Summary

TRON's network activity has remained steady, with over 4 million active accounts and 407 million accounts on its platform, totaling 15.7 billion cumulative transactions. However, institutional demand for the TRX ETF has stalled, despite the launch of the Canary Staked TRX ETF on Cboe, with limited flows felt following the ETF's launch. The TRX/USD price has not shown significant correlation with the increase in network activity, and the ETF's launch has failed to boost institutional demand, with flows remaining "barely felt." The platform's strong network activity contrasts with weak ETF participation.