Solana News Today: TRON's H1 2025 Sees 41% USDT Surge, 33.8% TRX Market Cap Jump, $1B Revenue

TRON’s first half of 2025 demonstrated sustained growth across core metrics, solidifying its position as a leading blockchain for on-chain activity and stablecoin infrastructure. On-chain transaction volume, active addresses, and revenue reached near-record levels, while the supply of USDT on TRON surged 41% to $81.2 billion, reinforcing its dominance in stablecoin settlement. Institutional interest also grew, with entities like Kiln, Nansen, P2P.org, and Kraken joining as Super Representatives, enhancing decentralization and governance [1].

The network’s ecosystem expansion accelerated through integrations with platforms such as Chainlink, MoonPay, and Rumble, broadening its utility in payments, data, and user onboarding. These partnerships, combined with rising transaction activity, contributed to a 33.8% increase in TRX’s market cap since January 2025. Quarterly transaction volume in Q2 2025 hit 784 million, the second-highest in TRON’s history, while revenue surpassed $1 billion for the first time in Q2, driven by sustained user engagement [1].

TRON’s leadership in stablecoin infrastructure was further highlighted by its role as the primary network for USDT. The surge in USDT supply underscored growing demand for stablecoin-driven transactions and its adoption as a settlement layer. Despite competition from chains like Solana and BNB Chain, TRON maintained third place in average daily active addresses during H1 2025, trailing only Solana and Near. Additionally, the network burned $319 million in revenue during the period, outpacing Ethereum and Solana, a metric reflecting its efficient value capture and high transaction throughput [1].

However, TRON faced challenges in its DeFi sector, with total value locked (TVL) declining by 33% year-to-date to $5 billion, causing it to drop to fifth place in global TVL rankings. This decline mirrored broader market trends but also exposed vulnerabilities in attracting capital-intensive applications. The launch of USDD 2.0 in January 2025 aimed to address these issues by introducing a decentralized governance model, allowing users to mint the stablecoin via TRX and USDT deposits. This shift sought to restore confidence in TRON’s DeFi ecosystem by reducing reliance on centralized custodians [1].

Looking ahead, TRON’s dominance in stablecoin infrastructure—particularly as the leading network for USDT—positions it to benefit from potential regulatory advancements in the U.S., such as the GENIUS Act. A surge in stablecoin demand under such frameworks could amplify TRON’s role as a foundational layer for digital dollar transactions. Meanwhile, its ability to maintain high transaction volumes, active addresses, and revenue growth suggests continued relevance in the Layer-1 competitive landscape, provided it can address DeFi’s current limitations and attract more capital-intensive applications [1].

Source: [1] [TRON H1 2025: Consistent Growth Across Key Fundamental Metrics] [https://coinmarketcap.com/community/articles/68836f622fb07463b9e4383c/]