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TRON
2026-07-24 06:19:46

S&P and Pantera Launch Revenue-Focused Digital Asset Index With TRON Among Top Five Holdings

S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, a new benchmark that screens crypto assets based on observable and sustainable protocol revenue rather than relying primarily on market capitalization or token price. TRON’s native token, TRX, was included in the index and placed among its five largest weighted holdings alongside Ethereum, BNB, Solana and Hyperliquid. According to the source material, the index initially includes 18 constituent assets. Eligibility starts with assets from the S&P Cryptocurrency Broad Digital Asset Index, then narrows the field to tokens that meet minimum thresholds for protocol revenue, market capitalization and liquidity. Constituents are ranked by cumulative protocol revenue over the previous two quarters and weighted by adjusted market capitalization, with a 35% cap for the largest holding and a general 20% cap for the others. The index is rebalanced quarterly. The report also ties TRON’s inclusion to its on-chain usage and stablecoin activity, citing more than $90 billion in USDT issued on the network, 4 million daily active users, and protocol revenue described as steady. It further states that TRON handled about $7.9 trillion in USDT transfers in 2025, averaged more than $20 billion in daily USDT transfer volume, and processed roughly 65% of global retail USDT transfers below 1,000 yuan in value.

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S&P and Pantera Launch Revenue-Focused Digital Asset Index With TRON Among Top Five Holdings
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