On Thursday, October 16, 2025, TRON (TRX) saw a 1.8% price increase to $0.32, making it the only top 10 cryptocurrency trading in the green amid a broader market downturn. This gain coincided with the launch of TRX staking on Ledger Live, one of the world's largest crypto storage platforms, through a partnership with Yield.xyz.
The integration allows millions of Ledger users to stake TRX directly from their hardware wallets, simplifying the Delegated Proof of Stake (DPoS) process. Users can earn dual rewards, including block production and vote rewards, managed automatically by Yield.xyz. TRON founder Justin Sun emphasized in a press release that this move aims to enhance safety and inclusion, stating, "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."
Serafin Lion Engel, Founder of Yield.xyz, highlighted the combination of liquidity provision and leveraged strategies accessible through a single platform. The staking process also grants access to TRON's native resources, Bandwidth and Energy, used for transactions and smart contracts. Unstaking involves a 14-day cooldown period for liquidity.
Jean-Francois Rochet, EVP of Consumer Services at Ledger, noted the security benefits, saying the integration reaches users who value Ledger's uncompromising security. TRON's ecosystem benefits from institutional support, with entities like Google Cloud, Binance, and Kraken participating as Super Representatives.
Amid a subdued crypto market following a $19 billion liquidation event on October 11 and a U.S. government shutdown, TRON's stability was bolstered by its role in stablecoin transfers. TRON processes over $21.5 billion in daily Tether (USDT) transfers, holding nearly 28% market dominance as of June 2025. The global stablecoin market cap rose 0.4% to $312.6 billion, driven by TRON-based USDT issuance, which intensified buy-side pressure on TRX.
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