Summary:
• TRX reaches a new all-time high in monthly transfer volume in May 2025.
• The Tron network dominates stablecoin transfers globally, surpassing Ethereum in USDT volume and expanding across various regions.
• TRX's market capitalization surpasses that of Cardano, reaching $25.6 billion, while the price rises 8.8% in May.
The native token of the Tron network, TRX, achieved a new all-time high (ATH) in monthly transfer volume in May 2025, demonstrating its growing adoption and utility.
This achievement adds to another milestone for TRX, which surpassed Cardano (ADA) in market capitalization, consolidating its position as the ninth largest cryptocurrency.
Moreover, according to data from CryptoQuant, 490.3 billion TRX tokens were transferred in May. This volume represents a new milestone for the network, both in terms of the number of tokens and their equivalent value in US$.
“At the current price of approximately $0.247 per TRX, this corresponds to a total transfer volume of about $121.2 billion,” stated an analyst.
Monthly TRX Transfer Volume. Source: CryptoQuant
The analyst also highlighted that, in April 2025, users transferred 362.92 billion TRX. As a result, May's volume saw a significant increase of about 34%.
In annual comparison, the growth was even more pronounced, with volume increasing by approximately 990%. In May 2024, users had transferred only 45 billion TRX.
Tron leads in stablecoin payments and expands its lead over rivals.
This advancement highlights the growing relevance of Tron in the cryptocurrency ecosystem, especially in transactions with stablecoins. BeInCrypto previously reported that Tron is the most widely used blockchain for payments on a global scale.
Tether (USDT) accounts for the majority of transfers on the network. Tron has also surpassed Ethereum (ETH) as the leading platform for USDT transactions, consistently recording higher daily volumes since mid-2022.
Furthermore, the latest report from Artemis indicated that Tron leads transaction volumes with stablecoins in several regions, such as Latin America, Africa, North America, Europe, and Asia.
“The most popular blockchains used to settle customer flows, as part of the value sent, were Tron, followed by Ethereum, Polygon (Ethereum L2), and Binance Smart Chain,” the report stated.
Meanwhile, growth extends to market performance. Tron surpassed Cardano as the ninth largest cryptocurrency. At the time of this report, TRX's market capitalization was $25.6 billion, above Cardano's $24.1 billion.
Additionally, data from BeInCrypto showed that the price of TRX appreciated by 8.8% in the last month. At the time of this report, the altcoin was trading at $0.27.
Analyst Lennaert Snyder recently shared an optimistic outlook for TRX on the social media platform X (formerly Twitter), highlighting a technical pattern that indicates significant bullish potential.
However, Snyder's analysis, based on a monthly chart, identified an ascending triangle pattern — a bullish formation that often precedes a breakout. He predicts that if TRX breaks this pattern, its price could exceed $1.
“In a strong upward trend since 2020, which is not surprising considering the fundamentals. Target, when this breaks? Moon. Smart money is flowing where it belongs,” he stated.
TRX Price Prediction for $1.
However, TRX would need to rise approximately 270.3% from its current price to reach the target of $1.