A historic shift occurred in the Tron ecosystem between September and November 2024: total USDT transferred skyrocketed from around 13B to over 21B USDT (7-day moving average), as confirmed by on-chain data. This surge reflected not just more transactions, but a dramatic expansion in transferred volume—signaling heightened activity from major market participants and an influx of capital.
The momentum continued through December, coinciding with TRX reaching its all-time high (around 0.44) and Tron overtaking Ethereum as the leading blockchain for circulating USDT. DeFi engagement also surged, with platforms like SunSwap achieving monthly DEX volumes of 3.8B by May 2025, highlighting accelerated adoption across Tron’s lower-cost ecosystem.
In the days following July 15, 2025, another remarkable spike emerged: Tron’s integration with Binance Alpha and incentive programs like SunPump revived network enthusiasm. Latest on-chain metrics show daily USDT transfer volume rebounding from near 18B to over 24B USDT—a potential new all-time record.
Despite this strong growth, analysts exercise caution—questioning the sustainability of such breakouts amid rapidly shifting market sentiment. Monitoring network flows and USDT transfer volumes remains crucial for gauging whether these highs will persist or give way to a corrective phase.
In summary: Tron’s explosive growth since late 2024 has been driven by unprecedented USDT transfer volumes—boosted once again by recent news. These data points reinforce Tron’s stablecoin leadership, but the mid-term trend will depend on how the ecosystem digests its latest surge.
Written by CryptoOnchain
