The Commodity Futures Trading Commission (CFTC) has launched an initiative to enable trading for crypto asset contracts through its regulated exchanges. According to acting chairman Caroline Pham, the initiative is the first crypto-focused move geared to enable the mainstream adoption of digital assets in the United States.
Furthermore, President Donald Trump has directed all respective agencies to implement clear crypto regulations as guided by Congress. Pham highlighted that the CFTC’s initiative will work to implement the President’s Working Group on Digital Asset Markets report, which was recently released.
“The Commodity Exchange Act currently requires that retail trading of commodities with leverage, margin, or financing must be conducted on a DCM. Starting today, we invite all stakeholders to work with us on providing regulatory clarity on how to list spot crypto asset contracts on a DCM using our existing authority, as I have previously proposed since 2022,” Pham noted.
What Will Be the Expected Impact of CFTC’s Crypto Initiative Amid Ongoing Macro Bull Market?
The CFTC has made a deliberate effort to engage the members of the public in implementing its initiative for enabling the trading of spot crypto asset contracts on its regulated exchanges. The agency expects written submissions from the members of the public by August 18, 2025.
After the agency implements the recommendations from the members of the public through the legally stipulated channels, the demand for crypto assets will skyrocket exponentially. Furthermore, investors will seamlessly access crypto assets through the CFTC’s registered exchanges.
The ongoing macro crypto bull market is heavily bolstered by the demand from institutional investors, led by Strategy Inc. (NASDAQ: MSTR) and BlackRock’s IBIT.
Tron (TRX) continues to trade in a tight range around $0.27, with technical indicators pointing to a market in consolidation. Momentum has faded, as shown by a weakening ADX and a neutral RSI hovering near 50, signaling indecision among traders.
The token faces resistance at $0.274 and support at $0.256, with a breakout or breakdown likely to set the next directional move. Meanwhile, SunPump’s new CEX Alliance aims to boost TRON’s meme coin ecosystem, but on-chain activity and revenue remain subdued despite the initiative.
SunPump Launches CEX Alliance, But Platform Activity Remains Low
The alliance brings together several centralized exchanges, including BitMart, Poloniex, LBank, and others, to streamline listing procedures and amplify marketing efforts for promising projects with stable on-chain performance and market caps over $500,000.
Through coordinated campaigns, social exposure, and access to trading events, the initiative seeks to bolster meme coin visibility and foster growth within the TRON network.
SunPump Tokens Created Daily and Cumulative. Source: Dune.
However, SunPump’s on-chain metrics paint a more muted picture. Despite the recent announcement, the platform has seen only around 98,300 token launches in total over the past nine months—a figure that Pump.fun often surpasses in less than a week.
Activity on the platform remains subdued, and revenue generation has been underwhelming, with daily earnings frequently falling below $1,000 in recent weeks.
While the CEX Alliance may introduce more exposure and credibility, SunPump’s ability to scale user participation and on-chain performance remains a critical challenge going forward.
TRX Enters Sideways Phase as Trend Strength Weakens
Tron’s Directional Movement Index (DMI) currently shows a weakening trend, with the Average Directional Index (ADX) falling to 11.68 from 24 just three days ago.
The ADX measures trend strength on a scale from 0 to 100, where readings above 25 suggest a strong trend—either up or down—while values below 20 indicate a weak or non-trending market. Alongside the falling ADX, the positive directional indicator (+DI) has declined to 20.74 and the negative directional indicator (-DI) to 15.41, both down significantly from earlier levels.
RSI is a momentum oscillator that ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 signaling oversold conditions. An RSI near 50 typically reflects balance between buying and selling pressure—suggesting that the market is in equilibrium.
With both DMI and RSI pointing to a lack of strong conviction from either bulls or bears, TRX is likely to remain range-bound in the short term unless a clear catalyst shifts sentiment.
Tron Price Consolidates: Will $0.274 Breakout or $0.256 Breakdown Come First?
Tron has been trading steadily around the $0.27 level over the past week, with its EMA lines pointing to ongoing consolidation.
The token recently failed to break through the $0.274 resistance, which remains a key short-term hurdle.
A successful breakout above that level could open the door for a move toward $0.279 and $0.282, potentially setting up a larger rally to reclaim the $0.30 mark for the first time since December 2024.
However, such a move would likely require renewed momentum and a shift in market sentiment.
On the downside, TRX faces important support at $0.256. If bearish pressure increases and that level is breached, the price could slip further to $0.250, and in a more extended pullback, even test $0.243.
The current setup suggests a market in wait-and-see mode, with traders closely watching for a decisive move in either direction.
Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.
Avalanche Will Modernize Legacy RTGS Systems
According to an X post, business development expert Olivia Vande Woude remarks that Avalanche will improve current offerings for mainstream finance. Right out the bat, Woude notes that the lowest hanging fruit for AVAX will be changing outdated rails in legacy finance.
Woude argues that rather than a wholesale replacement, an Avalanche integration will improve legacy RTGS systems like SWIFT and Fedwire. Perhaps, the biggest area of improvement will be in conventional post-trade infrastructure bogged down by fragmented reconciliation. Woude notes that the network can introduce real-time finality and liquidity efficiency for post-trade infrastructure.
Large exchange infrastructure is tipped to record seismic changes following an Avalanche integration, says Woude. While CBOE and ICE grapple with execution latency, Woud was Avalanche’s decentralization can reduce slippage for legacy exchanges.
“Avalanche does for finance what fiber optics did for telecom,” said Woude. “It’s replacing outdated rails with real-time, high-throughput, low-latency execution.”
Woude points out in her statement that Avalanche’s tamper-proof infrastructure will improve the batch processing systems employed by traditional custodians. The derivatives markets will receive their fair share of changes, leaning on Avalanche’s collateral optimization and margin logic based on advanced smart contracts.
Amid soaring regulatory changes in the US, traditional financial institutions can unlock new revenue streams in tokenization via blockchain-based integrations.
Benefits Extend To Funding Markets Amid Soaring AVAX Price
Woude highlights the benefits of an integration in short-term funding markets by leaning on its dynamic discounting. Furthermore, the blockchain offers programmable yield analytics designed to revolutionize the operations of repo settlements and liquidity management in funding markets.
An EVM compatibility will allow institutions to still deploy Ethereum-based smart contracts, smoothening the curve for tokenized funds. As the US SEC approves options trading for Ethereum spot ETFs, Avalanche can offer financial institutions permission chains for compliance while offering on-chain derivatives mirroring ETF performance.
“Avalanche isn’t just modernizing financial infrastructure, it’s reprogramming it,” said Woude. “Institutions adopting Avalanche in turn gain a meaningful edge in speed, efficiency, and transparency.”
AVAX price has gained nearly 8% over the last day driven by a broader crypto market rebound and rising institutional adoption for Avalanche. AVAX is trading at $20 while daily trading volumes have spiked by 7% buoyed by bullish chatter around the network.
