๐ง๐ฟ๐ผ๐ป ๐ฅ๐ฒ๐ด๐ฎ๐ถ๐ป๐ ๐จ๐ฆ๐ง๐ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ: ๐ฑ๐ฌ% ๐ผ๐ณ ๐๐น๐น ๐จ๐ฆ๐ง๐ ๐ก๐ผ๐ ๐ข๐ป ๐ง๐ฅ๐ข๐ก
Tron (TRX) is once again leading the stablecoin race.
As of May 16, Tron now hosts over 50% of all USDT tokens, surpassing Ethereum and all other blockchains combined, according to data from TronScan and Token Terminal.
At present: โก๏ธ $75.7 billion USDT is on Tron
โก๏ธ Total USDT market cap is around $151 billion
This achievement highlights Tronโs position as the top network for stablecoin transfers, thanks to its ultra-low fees and strong payment adoption.
๐ช๐ต๐ฎ๐ ๐ฑ๐ฟ๐ผ๐๐ฒ ๐ง๐ฟ๐ผ๐ปโ๐ ๐ฟ๐ฒ๐ฐ๐ผ๐๐ฒ๐ฟ๐?
โ Tron saw over 60 million transactions in the past week, making it the third most active blockchain, behind Solana (433M) and Base (67M).
โ Tronโs dominance comes after a dip in late 2024 when other chains temporarily gained USDT supply due to market selloffs.
โ Tronโs strong ties with Tether played a key role, including a $1 billion USDT migration to Tron earlier this year.
๐๐๐ ๐ฐ๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ๐ ๐ฟ๐ฒ๐บ๐ฎ๐ถ๐ปโฆ
Despite its USDT strength, TRXโs price still struggles below key resistance levels, even as stablecoin activity surges.
Will Tronโs growing USDT dominance finally spark a breakout for TRX price?