Tron Emerges Sole Crypto Gainer as Yield.Xyz Launches TRX Staking on Ledger
TRON price jumped 1.8% following Ledger’s TRX staking integration, making it the only top 10 cryptocurrency in green amid market-wide losses on Thursday.
Ledger Live now supports TRX staking with dual reward streams, offering both block and vote rewards to millions of hardware wallet users.
TRON processes over $21.5 billion in daily USDT transfers, holding 28% of stablecoin network dominance as of June 2025.
Increased on-chain stablecoin activity insulated TRX from downswings affecting Bitcoin and major Layer-1 altcoins during the session.
TronTRX$0.3124h volatility:1.6%Market cap:$29.14 BVol. 24h:$813.85 M
price saw a rare 1.8% bounce on Thursday, October 16, emerging the only top 10 ranked cryptocurrency trading in green. TRON standout performance coincides with the launch of TRX staking on Ledger, one of the world’s largest crypto storage platforms.
In a post on X, TRON-based DeFi protocol Yield.Xyz confirmed that millions of Ledger users can now stake TRX directly from their hardware wallets.
TRX staking is available globally in Ledger Live today.
TRON founder, Justin Sun confirmed the move in a press release shared with Coinspeaker, emphasizing safety and inclusion as key strategic targets for the integration.
“By combining Yield.Xyz’s infrastructure with Ledger Live’s trusted platform, we’re bringing enterprise-level staking to users everywhere and strengthening TRON’s role as a leading network for secure and scalable global adoption,” said TRON founder, Justin Sun.
Tron (TRX) trading up 1.9% after announcing TRX staking on Ledger, on Thursday, Oct 16, 2025 | Source: Coinmarketcap
Serafin Lion Engel, Founder of Yield.Xyz, also lauded the combination of liquidity provision and leveraged strategies, all accessible through a single platform.
According to official details, the integration also introduces dual reward streams for TRX stakers, allowing both block and vote rewards to be distributed natively.
TRX Price Action Benefits From Stablecoin Rotation
With the US government shutdown extending into another week, risk-off sentiment has pushed investors toward Gold (XAU) and US equities, while the crypto market remains subdued following the $19 billion liquidation event on October 11. TRON historically benefits from heavy stablecoin rotation during weak market sentiment.
Global stablecoin market capitalization rises 0.4% to $312.6 billion | Source: Coingecko
According to Coingecko, the global stablecoin market cap rose 0.4% to $312.6 billion, driven by increased TRON-based USDT issuance. Combined with new staking participation from Ledger’s user base, increased on-chain activity from stablecoin demand intensifies buy-side pressure on TRX, insulating it from downswings seen in top layer-1 altcoin markets on Thursday.
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I’m a research analyst with experience supporting Web3 startups and financial organizations through data-driven insights and strategic analysis. My goal is to help organizations make smarter decisions by bridging the gap between traditional finance and blockchain innovation.
With a background in Economics, I bring a solid understanding of market dynamics, financial systems, and the broader economic forces shaping the crypto industry. I’m currently pursuing a Master’s degree in Blockchain and Distributed Ledger Technologies at the University of Malta, where I’m expanding my expertise in decentralized systems, smart contracts, and real-world blockchain applications.
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