$TRX has traded near $0.335 while nearly $96 billion in stablecoins sits on TRON. A U.S. staked $TRX fund offers a second route for demand, yet its share count barely moved through September. The October price case turns on whether network use and fund access produce measurable demand for the token.
TRON has entered October with $TRX near $0.335 despite a much larger dollar balance of stablecoins on its network. The CoinGecko market page put the token near that price on October 5, with a circulating value of roughly $31.8 billion. DeFiLlama’s TRON dashboard displayed approximately $95.8 billion in stablecoins, a measure of tokens issued on the chain rather than the market value of $TRX. That distinction is essential to a price forecast built around the network’s payment role.
The other live demand test is an exchange traded fund. Canary Capital’s TRXS history showed about $50.23 million in fund net assets on October 2 and 2.03 million shares outstanding. The fund launched in September, but its published share count did not grow after September 15 through that date. A rising $TRX price could lift the value of existing holdings without a new fund share being created.
