TRX Dips 2.15% Despite $1B USDT Mint and Strong DeFi Growth on TRON Network

TRON (TRX) is trading at $0.2686, down 2.15% over the past 24 hours according to Binance data. The price decline follows a period of heightened ecosystem activity, including the launch of the USD1 stablecoin on TRON and a $1 billion USDT mint, which initially boosted network attention and liquidity. However, despite robust on-chain metrics such as over $5 billion in DeFi TVL, 4.5 million returning addresses, and increased whale accumulation, broader market volatility and recent profit-taking after strong gains have contributed to the short-term pullback. TRON maintains a market capitalization near $25.94 billion, daily trading volumes between $1.3 and $1.5 billion, and ranks #9 by market cap, with network fundamentals remaining strong despite the recent price dip.