Tron (TRX) Price: Network Dominates Stablecoin Space, Eyes $0.30 Breakout

TLDR

Table of Contents

Tron has overtaken Ethereum as the leading platform for USDT transactions with $75.8 billion in USDT circulation
The network processes 2.4 million USDT transactions daily compared to Ethereum’s 284,000
Analysts see correlation between Tether’s growth and potential TRX price increase
TRX currently trading around $0.27, aiming to breach $0.28 resistance level
Price projections suggest TRX could reach $0.70+ by end of 2025

Tron (TRX) has emerged as a dominant force in the cryptocurrency stablecoin space, overtaking Ethereum to become the leading platform for USDT transactions. This shift in market preference has sparked discussions about TRX potentially breaking the $0.30 price barrier in the near future.

According to data from CryptoQuant, a leading on-chain analytics platform, Tron is now the preferred network for USDT transfers compared to Ethereum. This represents a major shift in user behavior within the stablecoin ecosystem.

TRON > Ethereum for USDT
TRON now leads stablecoin activity:
– $75.8B USDT supply
– $23.4B daily volume
– 2.4M daily txs vs ETH’s 284k
Stablecoin crown secured. pic.twitter.com/kEnMzGN8a1
— CryptoQuant.com (@cryptoquant_com) May 19, 2025

The total USDT circulating on the Tron network has reached an impressive $75.8 billion, accounting for a substantial portion of all Tether in circulation. Daily transaction volume on the network stands at approximately $23.4 billion, highlighting its growing utility for payments, transfers, and trading activities.

This development marks a reversal from Q1 metrics when Ethereum held 58% dominance in the $200 billion stablecoin market compared to Tron’s 31%. The recent flip suggests a significant migration of stablecoin liquidity away from Ethereum.

Transaction Volume Soars

Tron’s appeal appears to stem from its lower transaction fees and faster settlement times compared to Ethereum. The network currently processes around 2.4 million USDT transactions daily, drastically outpacing Ethereum’s 284,000 transactions per day.

This high transaction volume directly impacts TRX demand, as the token is used to pay for transaction fees on the network. The increasing usage creates natural buying pressure that could drive price appreciation in the coming weeks.

CryptoQuant has declared that Tron has the “stablecoin crown secured,” confirming its new leadership position in stablecoin usage, particularly for USDT transactions.

As of May 2025, TRX is trading at approximately $0.27, having reached a peak of $0.268 in recent days as it tests resistance levels. Trading volume has increased by over 26% to $828.2 million, indicating growing investor interest.

For TRX to achieve a breakout toward $0.30, it must first overcome the key resistance level at $0.28. Sustained momentum in ecosystem growth and transaction volume could help push the price into the $0.30-$0.35 range.

Crypto analyst Willy Woo has drawn connections between Bitcoin’s price appreciation and Tether’s growing influence. As Tether increases its holdings of U.S. Treasuries to back its stablecoin reserves, Woo predicts it could become the largest holder of these assets as Bitcoin rises toward $1 million.

The crazy thing is when BTC hits $1M, Tether will likely be the #1 holder of US treasuries. https://t.co/w0akbmYpMC
— Willy Woo (@woonomic) May 19, 2025

If Tron maintains its position as the preferred network for USDT transactions, this growth trajectory could create sustained demand for TRX tokens.

Looking further ahead, price forecasts for TRX appear increasingly optimistic. By the end of 2025, analysts project TRX could climb above $0.70, potentially reaching as high as $0.73 if market conditions remain favorable.

The token faces a critical support base around its current price of $0.27. Technical indicators, including an RSI reading of 66, suggest a possible pullback before any sustained upward movement.

For long-term investors, projections extend even further. By 2026, TRX could potentially breach the symbolic $1 level if the platform continues expanding its presence across decentralized applications. By 2030, some analysts project an all-time high of $3.55, though this path will not be without challenges.

The Tron network’s continued dominance in stablecoin transactions, particularly USDT, provides a solid foundation for future price growth. With its current momentum and expanding ecosystem, TRX appears well-positioned to test higher price levels in the coming months.

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