Stablecoin Settlements Exceeded by TRON Once More: Reason behind THIS Specific Group's Departure
Tron's Dominance in USDT Transactions Reaffirmed as Volume Surpasses $500 Billion
Tron [TRX] is maintaining its lead in the USDT settlement market, with transaction volumes exceeding $500 billion every month since November 2024, reports suggest. This sustained momentum indicates a high level of confidence among institutional and retail investors in the network's ability to handle stablecoin transactions efficiently.
The introduction of the "Gas Free" feature, which allows USDT to cover fees instead of TRX, has accelerated user onboarding. Recent data shows that TRX has surpassed the 10 billion total transaction marker, with an average of over 8 million daily transactions since February. These figures underscore the network's growing user base.
However, address metrics present a more mixed picture. Although new addresses have increased by 1.53% this week, active addresses have decreased by 0.76%, and zero balance addresses have dropped by 2.24%. This suggests that while onboarding is on the rise, some previously active users have reduced their participation. Despite this, the overall address count remains high, and TRX's price recovery above $0.26 indicates growing investor confidence.
Interestingly, whales have incrementally increased their holdings by 0.79% over the past 30 days, while smaller investors and retail holders have reduced their shares by 3.09% and 1.93%, respectively. This shift in supply concentration implies that larger players are positioning for long-term value, while smaller participants may be taking profits. Historically, such whale-led accumulation phases have been precedents for bullish continuation.
Futures data from Binance shows that 84.33% of accounts hold long positions in TRX-USD perpetuals, with a Long/Short Ratio of 5.38. This aggressive bullish tilt indicates strong market conviction but also raises the risk of a potential long squeeze if momentum falters. Despite recent volatility and a -2.41% daily price drop to $0.2684, leverage remains concentrated on the upside. This could potentially fuel further rallies but could also lead to sharp corrections if liquidations occur suddenly. Thus, traders should remain cautious as sentiment continues to heat up.
Tron's Total Value Locked (TVL) in DeFi stands at $6.861 billion, marking a top-tier position in DeFi rankings. This strong base of locked capital provides critical support for TRX price movements and network resilience in the face of volatility.
The future outlook for Tron suggests potential for growth, especially if it can leverage its ecosystem developments and maintain favorable market conditions. Developments such as the addition of Nansen as a Super Representative and reduced illicit activity are likely to increase confidence in the TRON ecosystem, potentially driving further adoption and price gains. However, broader market corrections and fluctuations in retail activity will need to be navigated to sustain growth. Predictions for the summer of 2025 indicate a possible increase in TRX price, but sustained growth will depend on continued ecosystem enhancements and market sentiment.
- The surge in USDT transactions on Tron's network, surpassing $500 billion monthly, is attributed in part to the 'Gas Free' feature, enabling USDT to cover transaction fees instead of TRX.
- The DeFi sector has acknowledged Tron's strength, with a Total Value Locked (TVL) of $6.861 billion, positioning it as a top-tier player in the decentralized finance space.
- Despite a decrease in active addresses and some retail holders reducing their shares, the introduction of Nansen as a Super Representative and reduced illicit activity on the network may increase confidence in the TRON ecosystem, potentially driving further adoption and price gains.
