- TRON processed 1.89M USDT transactions, reinforcing its dominance in stablecoin transfers.
- $1.83B in USDT flowed into major exchanges, signaling rising liquidity and market activity.
Tron [TRX] has recorded a major increase in USDT (TRC-20) transfers, reinforcing its dominance as the leading blockchain for stablecoin transactions. Recent CryptoQuant data shows that $11.4 billion worth of USDT has been transferred, with $1.83 billion directed to major centralized exchanges.
A total of 1.89 million transactions have been processed on TRON, representing 6.17% of total exchange inflows. The network’s low fees and fast transaction speeds continue to attract stablecoin users, increasing its role in the broader crypto market.
The surge in inflows could indicate rising liquidity on exchanges, which often precedes increased trading activity.
Source: CryptoQuant
Market conditions and TRON’s current price performance
TRON was priced at $0.2324 at press time, with a 24-hour trading volume of $1.3 billion.
Despite the increase in USDT transactions, TRX has seen a 3.00% price decline in the last 24 hours and a 0.53% decline over the past week, based on Coingecko data.
Technical indicators suggest a neutral market stance. The Relative Strength Index (RSI) is at 46, meaning TRX is neither overbought nor oversold.
Meanwhile, the Stochastic indicator is at 54.2, indicating stable price movement without extreme bullish or bearish trends. The asset is currently consolidating, with no clear directional momentum in the short term.
Source: CryptoQuant
On-chain data shows mixed sentiment
According to IntoTheBlock data, the market sentiment around TRON remains mostly bearish, with one bearish signal and four neutral indicators. Net Network Growth stands at 0.45%, suggesting steady but moderate user adoption.
Large Transactions have increased by 0.83%, indicating some activity among institutional traders, but not at a level that strongly shifts the trend.
Source: IntoTheBlock
One key metric, “In the Money,” is at -0.13%, reflecting that a portion of TRX holders are at a loss, which could lead to continued selling pressure.
The overall outlook suggests weak market momentum, with a slight risk of further downside unless buying interest picks up.
TRON’s role in recent crypto market developments
TRON’s presence in the market was recently amplified following statements from TRX founder Justin Sun, who hinted at TRON’s involvement in former U.S. President Donald Trump’s digital asset strategy.
This announcement briefly pushed TRX’s price higher as investors reacted to potential regulatory and institutional developments.
Trump revealed a list of cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano, as part of a planned strategic reserve. His announcement on Truth Social triggered a $300 billion increase in the total crypto market, with Bitcoin surpassing $90,000 in response.
The growing role of stablecoins in liquidity management and institutional investment could further impact TRON’s positioning in the evolving crypto landscape.
