On-chain Update: USDT-TRC20 Deposits Surge to Record Highs
$USDT deposits on the #TRON network have exploded crossing 1M transactions in just 7 days.
Here’s what’s driving it:
▶️ Binance leads the flow, with strong support from Bybit & HTX.
▶️ Activity is broad across major exchanges, but still heavily concentrated in top players.
▶️ Since mid-July: sharp drop → V-shaped recovery → early August peak.
Why it matters:
▶️ High stablecoin deposit counts = buying power loading up for potential long entries.
▶️ Metric tracks transaction count, not value → current spike likely points to retail-led flows (many small deposits) vs. large whale moves.
▶️ Momentum is accelerating, each day seeing more deposits than the last.
Peak inflow velocity is here. TRC20 USDT is pouring into exchanges, priming markets with liquidity with Binance in the driver’s seat
