$TRX continues to dominate stablecoin inflows. In the past 24 hours, the network reached a new milestone, with $80 billion in stablecoins now on-chain.

This marks a significant surge from its yearly low of $59.76 billion. The growth places Tron ahead of Ethereum $ETH which previously led in stablecoin market share.

Tron’s low transaction fees and fast settlement times have driven this shift. Amidst these developments, TRX—the network’s native token—stands to benefit, as it’s used to settle transactions on the chain.

A segment of investors has viewed this development as bullish and has started placing bets on a potential TRX rally.