- Justin Sun's TRON network surpasses $70 billion in USDT circulation, reinforcing its stablecoin market dominance.
- TRON now supports over $19 billion in daily USDT transfers, highlighting its institutional-grade scalability.
- TRX price could react to growing adoption as technical indicators show an imminent bullish Golden Cross setup.
TRON’s USDT circulation just surpassed $70 billion, signaling rising network utility as TRX price approaches a technically significant breakout.
Tron Network surpasses $70 billion in USDT supply amid crypto market recovery
On Wednesday, TRON DAO confirmed that the circulating supply of Tether (USDT) on its blockchain has surpassed $70 billion. This further re-emphasizes TRON’s position as the leading network for stablecoin settlements.
With over $70 billion #USDT circulating on the network, #TRON plays a central role in the stablecoin economy by offering a fast, low-cost, and scalable platform for global digital asset transfers.
— TRON DAO (@trondao) April 24, 2025
Read more @TheBlock__ ⬇️https://t.co/ASbyn4naRf
The announcement highlights strong institutional and retail demand for scalable, low-fee stablecoin payments infrastructure, particularly in regions where local currencies are volatile, and traditional financial access remains limited.
Tron price action | April 24
With over 302 million user accounts and 10 billion transactions processed, TRON now handles $19 billion in daily USDT transfers, according to TRONSCAN.
“USDT on TRON surpassing $70 billion in circulating supply is a powerful reflection of the global community’s trust and support. This progress reflects the commitment of our ecosystem to real-world utility and stability.”
TRON founder Justin Sun, April 2025
The network’s $20 billion in total value locked (TVL) reinforces TRON’s role as a foundational layer in decentralized finance. Tron price is lingering below the $0.25 level at press time, however, rising trading volumes suggest an imminent upward move.
TRON’s milestone in USDT circulation signals expanding market footprint
The latest USDT supply milestone arrives as TRON continues to gain traction for its performance-driven architecture that makes it ideal for stablecoin transfers at scale.
In the official statement released, TRON DAO emphasized that this momentum aligns with broader adoption trends in the stablecoin economy, where users are turning to decentralized networks amid currency devaluation and banking constraints.
As part of its compliance efforts, TRON partnered with Tether and TRM Labs to launch the T3 Financial Crime Unit (T3 FCU). The initiative has already aided in freezing over $150 million in illicit funds, supporting regulatory enforcement while maintaining user autonomy.
TRON’s growing transaction volumes, alongside its active collaboration with global law enforcement, indicate a dual focus on scalability and security. Market observers suggest the network’s expanding role in USDT transfers could enhance TRX token utility, especially if stablecoin legislation advances in the United States and Asia in 2025.
TRON Price Forecast: TRX eyes $0.26 as bulls anticipate a Golden Cross to materialize
TRON (TRX) price is consolidating just below $0.25, showing signs of strength as price action holds above key moving averages. Currently trading at $0.2456, TRX maintains support above the 50- and 100-day simple moving averages (SMA), located at $0.2361 and $0.2377, respectively.
The current TRX price trend suggests a bullish continuation, with the 50-day SMA nearing a crossover above the 200-day SMA at $0.2271—setting the stage for a golden cross.
TRON Price Forecast
Moreover, the recent TRX price action has been defined by higher lows and steady closes above both short- and medium-term averages, indicating healthy buyer interest on dips. Similarly, the tightening range between $0.2370 and $0.2500 sees momentum building for a potential breakout. The Bull-Bear Power (BBP) also leans positive at 0.0021, signaling underlying buying pressure.
In this scenario, a decisive move above $0.25 could open the door to retesting the April high near $0.26. If rejected, downside support rests at $0.2370, with deeper losses likely limited to the rising 200-day SMA at $0.2271.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.