- Wrapped TRX and PayNet Coin signal TRON’s DeFi growth; stablecoins dominate 89% of its payment-focused volume.
- TRON’s 27 validators raise centralization concerns, but retail users prioritize sub-$0.01 fees over decentralization debates.
TRON has established itself as a leading network for stablecoin transactions, particularly for Tether (USDT), driven by low costs and rapid processing times. Data from 2025 shows users moved USDT over TRON more than 283 million times, with daily transfers peaking at $23.4 billion—more than double Ethereum’s $10.5 billion.
TRON > Ethereum for USDT
TRON now leads stablecoin activity:
– $75.8B USDT supply
– $23.4B daily volume
– 2.4M daily txs vs ETH’s 284kStablecoin crown secured. pic.twitter.com/kEnMzGN8a1
— CryptoQuant.com (@cryptoquant_com) May 19, 2025
USDT’s Migration from Ethereum to TRON
CryptoQuant reports TRON now holds over half of all USDT in circulation, totaling $75.8 billion, while Ethereum’s share has dipped to 49%. In 2025 alone, TRON’s USDT supply grew by 27%, adding $16 billion.
ETHNews analysts attribute this to TRON’s fee structure, which averages less than $0.01 per transaction, compared to Ethereum’s higher costs. The trend underscores a divergence: Ethereum increasingly serves decentralized finance (DeFi) and institutional use cases, while TRON dominates retail and remittance-focused payments.
TRON processes 2.4 million USDT transactions daily, dwarfing Ethereum’s 284,000. This gap stems from TRON’s design as a high-efficiency network for frequent, low-value transfers rather than complex smart contracts.
Ethereum’s declining USDT activity—down 37% from late 2024—coincides with its pivot toward niche sectors like tokenized assets and institutional DeFi. Meanwhile, TRON’s roadmap prioritizes payment infrastructure, partnering with fintech firms to integrate blockchain-based settlements into traditional apps.
Tron (TRX) – Updated Technical & Market Analysis – May 19, 2025
TRX is currently priced at $0.2654, reflecting a mild intraday pullback of -1.04%, yet the asset remains technically resilient and structurally bullish. While price action over the past week is largely flat (-0.04%), TRX maintains a solid +10.68% monthly gain, and a broader +116.52% increase over the past year, reinforcing its role as a consistently appreciated Layer 1 token in the current cycle.
From a chart perspective, TRX continues to compress within a narrow band between $0.255 and $0.27, building pressure just below resistance. This consolidation, following weeks of higher lows, suggests an imminent breakout attempt.
A successful move above $0.27 could unlock a push toward $0.30, with extended targets at $0.315–$0.32. Short-term support is located near $0.255, and a deeper pullback would retest the $0.24–$0.245 range, where previous bullish momentum initiated.
On the fundamental side, TRON is thriving as the leading blockchain for stablecoin settlements, having overtaken Ethereum in circulating USDT supply, largely due to a $1B mint that increased on-chain activity and liquidity. With over $821 million in daily trading volume, the market remains liquid and actively engaged.
