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TRX on September 8, 2026: a quiet week before the first US staked TRX ETF

TRX ended the week to September 8, 2026 near $0.335, up about 0.6%. The next day the first US spot staked TRX ETF began trading.

· By ZIPMEX · 9 min read

TRON (TRX) began September 8, 2026 at about $0.335. That was roughly 0.6% higher than a week earlier and about 1.7% higher than a month earlier, according to CoinGecko's daily records (00:00 UTC). The bigger news came the next day. On September 9, the Canary Staked TRX ETF (ticker TRXS) began trading on Cboe BZX. It was the first US spot TRX fund that stakes the tokens it holds.

The week in numbers

All figures come from CoinGecko's historical data at 00:00 UTC on each date.

DateTRX price (USD)
August 9, 2026$0.3289
September 1, 2026$0.3324
September 2, 2026$0.3222
September 8, 2026$0.3345
  • Week to September 8: about +0.6% (from $0.3324).
  • From the September 2 reading: about +3.8%. The token dipped early in the week and then recovered.
  • 30 days: about +1.7% (from $0.3289 on August 9).
  • Market capitalisation on September 8: about $31.8 billion.
  • 24-hour trading volume across all venues on September 8: about $327 million.
  • All-time high: $0.4313, set on December 3, 2024. On September 8, TRX was about 22% below that level.

These are daily snapshots, not intraday highs and lows. Prices during the day moved more than the table shows.

What happened next: the staked TRX ETF

Canary Capital's TRXS fund listed on Cboe BZX on Wednesday, September 9, 2026. The listing was reported by The Block and announced in Canary's own release. The fund's prospectus, an amended Form S-1 filed with the SEC on August 19, 2026, sets out these terms:

  • Sponsor fee: an annual fee of 1.10% of the trust's TRX holdings.
  • Staking: the sponsor "anticipates that at least 90% of the Trust's TRX will be staked under normal circumstances."
  • Custodian: BitGo Bank & Trust, N.A.

Canary's release says TRXS is not registered under the Investment Company Act of 1940. It also says buying shares is not the same as holding TRX directly. Staking rewards add to the fund's assets, but the fees and the staking provider's share are deducted first. That makes the 1.10% fee worth checking against the yield the fund actually passes on.

How far TRX moved, then and now

Switch between the September 8 snapshot and the October 25 reading to compare TRX's percentage moves and its distance below the all-time high.

TRX on September 8, 2026 (CoinGecko, 00:00 UTC)
Week to September 80.6 %From the September 2 reading3.8 %30 days (from August 9)1.7 %Below the all-time high-22 %
Data table
Item%Source
Week to September 80.6
From the September 2 reading3.8
30 days (from August 9)1.7
Below the all-time high-22
TRX on October 25, 2026 (CoinGecko)
Seven days-1.1 %30 days-2.8 %Below the all-time high-24 %
Data table
Item%Source
Seven days-1.1
30 days-2.8
Below the all-time high-24

These are rounded daily snapshots from one aggregator: they leave out intraday highs and lows, the ETF's fee and staking yield, and say nothing about where TRX goes next.

Network context

Tron later commissioned a CoinDesk Research report on the third quarter. It was published on October 19, 2026 and gives these figures:

  • About 73% of total stablecoin volume was on TRON as of September 30, 2026. That was the highest share of any blockchain.
  • The market value of USDT on TRON reached a record of just over $92.7 billion during the quarter.
  • TRON averaged 3.7 million daily active users from July to September 2026.
  • Total fees on the network reached $82.7 million in the quarter.

These numbers cover the whole quarter, not the week of September 8. Because Tron paid for the report, they are best read as the project's own account.

Where TRX stands now

On October 25, 2026, CoinGecko lists TRX at about $0.329. That is down about 1.1% over seven days and 2.8% over 30 days. It ranks eighth by market capitalisation and is about 24% below its all-time high.

Limitations: prices come from one aggregator (CoinGecko) at daily resolution, and the network figures come from a report Tron paid for.

Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.

Updated on Oct 25, 2026