TRX Surges 2.68% as TRON Network Activity Hits Record Highs and Stablecoin Dominance Grows

TRXUSDT has experienced a 2.68% price increase over the past 24 hours, rising from 0.3095 to 0.3178 on Binance. This positive momentum is primarily attributed to several recent developments: TRON's network has seen a surge in user activity, with daily transactions exceeding 9 million and network fees surpassing those of Ethereum, signaling robust ecosystem engagement. Additionally, the rebranding of SRM Entertainment to Tron Inc. and its listing on Nasdaq under the ticker $TRON, with significant TRX holdings, has reinforced market confidence. TRON's dominance in the stablecoin sector, particularly with over 51% of circulating USDT and a 40% increase in stablecoin supply since early 2025, further supports the bullish sentiment.

Currently, TRXUSDT is trading at 0.3178 with a 24-hour trading volume ranging from $1.27 billion to $3.87 billion, and a market capitalization near $30 billion, maintaining its position among the top 10 cryptocurrencies by market cap.