- The Tron network leads all blockchains in USDT supply and transaction volume, driven by increased whale activity and low transaction fees.
- Despite this growth, TRX faces resistance at $0.30, with technical indicators suggesting a potential pullback to $0.26
Tron Dominates as the USDT Powerhouse in 2025
The Tron network has officially secured its crown as the leading stablecoin chain, boasting the largest circulating supply of Tether (USDT) across all blockchains. With over $77.7 billion in USDT market cap—surpassing Ethereum’s $73.2 billion—Tron has firmly positioned itself as the go-to chain for stablecoin transactions. On-chain activity reveals that USDT has become the most frequently used smart contract on Tron in 2025.
This explosive growth is largely fueled by whale activity, with large transactions (over $1 million) making up 65% of all USDT transfers in May alone. According to CryptoQuant, over $694 billion worth of USDT was transferred through 89.33 million contract interactions during the month.
Also read: Shiba Inu Price Prediction: Whale Sell-Off and Profit Drop Signal Bearish Trend Ahead
Low Fees, High Volume: Why Whales Love Tron
The appeal of Tron lies in its low transaction fees, speed, and reliability. These features have made it a preferred network for both retailers and crypto whales. Out of Tron’s $79.044 billion stablecoin market cap, USDT alone accounts for more than 99%, leaving other tokens like USDD in the shadows.
Recent data also reveals that May saw more than 17 new USDT mints over $1 billion, further boosting Tron’s liquidity. Notably, Tron’s USDT supply even surpasses the entire market capitalization of Circle’s USDC, which sits at $60.9 billion.
Adding to the buzz, former U.S. President Donald Trump’s World Liberty Financial launched its USD1 stablecoin on the Tron network—highlighting its growing appeal beyond the crypto community.
TRX Struggles at Resistance, Eyes $0.26 Pullback
Despite the booming stablecoin metrics, Tron’s native token TRX is facing turbulence. After a failed breakout above $0.30, TRX is down 1.5% on Thursday, following a 4.51% dip earlier this week. A bearish engulfing candle hints at a potential pullback to $0.26.
Technical indicators are flashing caution. The RSI has dipped to 49, signaling weakening bullish momentum. Meanwhile, the MACD has formed a bearish crossover, reflecting market indecision and rising volatility.
Tron’s Network Grows Stronger Even as TRX Struggles
While TRX faces short-term resistance, Tron’s blockchain continues to thrive, with whale-driven USDT activity at its core. As minting accelerates and adoption widens, Tron is not just a stablecoin network—it’s fast becoming the backbone of the crypto economy.
