TRON Surpasses Ethereum in Stablecoin Usage With 80 Billion USDT On-Chain

TRON has achieved a significant milestone, surpassing Ethereum in stablecoin usage with $80 billion in stablecoins now on-chain. This growth positions TRON ahead of Ethereum, which previously dominated the stablecoin market share. The network's rise is driven by a substantial increase in USDT transfers, highlighting its widespread usage among both retail and institutional players. The combined efforts of these users are fueling TRON’s adoption and growth.

According to on-chain data, USDT transfers exceeding $1 million have skyrocketed since mid-2024, now surpassing $215 billion. Meanwhile, transfers between $100K and $1 million are also on the rise, currently around $195 billion. This data signals a robust institutional presence, contributing to a total volume of $610 billion. On the other hand, smaller transactions ranging from $100 to $10,000 dominate the network’s activity, with transfers between $100 and $1,000 accounting for over 23 million transactions. This underscores TRON’s widespread appeal among retail users.

TRON’s impressive growth is not just in raw volume; it’s also in attracting a diverse user base. Retail traders lead in transaction counts, while institutions drive the volume. This dual approach to adoption positions TRON strongly in today’s crypto landscape. The network's low fees and rapid transaction speeds appeal to both individual users and institutional players, making it a top choice for USDT transfers.

As usage continues to rise, the likelihood of TRON’s price retesting its all-time high (ATH) of $0.44 has significantly increased. Historically, whenever the TRON price has consolidated in a thin upward channel, a breakout has appeared massive, as seen in Q4 2024. The latest Q2 2025 price action also resembles an upward parallel channel, and the Bollinger band is much thinner, suggesting an expansion of the Bollinger band could be on the horizon in Q3 2025. If successful trading volume rises, a break above $0.29 could lead to retesting the $0.44 all-time high.