Tron (TRX) has shown impressive on-chain activity recently, with both retail traders and large investors increasingly opting for the network for USDT transactions. A report from CryptoQuant revealed that on June 29, USDT transfers on Tron reached $6.949 billion, significantly outpacing Ethereum's $1.312 billion. This trend has been consistent since 2021, solidifying Tron's position among major blockchains. Analysts highlight Asia's pivotal role in this growth, as Tron becomes the leading network for USDT in the region due to its cost-effective infrastructure. The platform attracts both small transactions, with over 1 million daily, and large trades exceeding $100,000, showcasing its appeal to everyday users and institutional investors alike. Institutional interest is also rising, exemplified by SRM Entertainment's $100 million TRON investment strategy. Additionally, JustLend's data indicates a surge in jUSDT transfer volume, reflecting renewed investor interest in lending on Tron. Analysts suggest that TRX could potentially surpass the $0.3 resistance level amid these developments. Read more AI-generated news on: https://app.chaingpt.org/news

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