🐋 Tron Network Heats Up — USDT Whale Activity Surges On-Chain
Tron has the most USDT inventory of all major chains, exceeding USDC.
A rise in Tron big transaction volume signals whale activity.
USDT transactions are Tron's most popular contracts in 2025, according to on-chain statistics.
Due to its rising USDT supply, Tether's USD-pegged stablecoin, merchants and whales are choosing Tron (TRX), introduced by Justin Sun in 2017.
May saw $691 million in USDT transactions exceeding $100 on Tron. Whales account for roughly $455 billion in USDT transfers, including 65% of monthly volume from transactions above $1 million.
Low Tron transaction costs and increased USDT supply drive transfers. USDT has almost 99% of Tron stablecoin market capitalization at $79.044 billion, followed by USDD with $421 million.
The current minting on Tron has raised its USDT market worth to $77.7 billion, surpassing Ethereum's $73.2 billion. USDT supply on Tron exceeds Circle's USDC, market value $60.9 billion, confirming its market supremacy.
USDT market cap, breakdown. Source: CryptoQuant
Note that World Liberty Financial, owned by US President Donald Trump, released its USD1 stablecoin on Tron.
More than 17 $1 billion USDT mints occurred on Tron in 2025. Supply may increase Tron network activity as minting frequency increases.
Tron USDT supply and fluctuations. Source: CryptoQuant
Since its founding, the network has conducted over 10.5 billion transactions, with over 6 million daily transactions in 2025.
Pullback signals $0.26 retest after TRX misses $0.30 breakthrough.
TRX loses almost 1.50% at press time on Thursday following a severe 4.51% decline and bearish engulfing candle the day before. Headwinds at $0.30, a critical resistance shown by a double top formation in December 2024, cause the bearish reversal.
The falling trend suggests a consolidation range continuation toward $0.26.
