Tron USDT transaction volume soars, crushes Ethereum by 5x

Tron USDT transaction volume has soared, processing nearly five times more USDT transfers than Ethereum. With billions moved daily, the network is attracting both retail users and institutional players, reshaping the stablecoin landscape.

Tron’s USDT dominance: A closer look at the numbers

Recent data from CryptoQuant reveals that on June 29, Tron USDT transaction volume hit $6.949 billion, dwarfing Ethereum’s $1.312 billion. This staggering gap highlights Tron’s growing appeal, particularly in regions like Asia, where low fees and fast transactions make it a preferred choice.

Analyst Carmelo_Alemán notes, “Tron’s infrastructure is tailor-made for high-volume transfers, making it the go-to network for both everyday users and large-scale traders.”

Breaking down the Tron USDT transaction volume, two key trends emerge:

1. Retail adoption – Over 1 million daily transactions involve small transfers (under $1,000), proving Tron’s popularity among everyday users.

2. Whale activity – Transactions exceeding $100,000 dominate the total volume, indicating strong institutional interest.

This dual demand has propelled TRX’s market cap past Dogecoin, securing its place as the eighth-largest cryptocurrency.

Why institutions are betting on Tron’s DeFi ecosystem

Beyond retail adoption, institutional players are deepening their involvement in Tron’s decentralized finance (DeFi) space. One notable example is SRM Entertainment, a company previously known for producing toys for Disney and Universal.

SRM recently staked 365 million TRX on JustLend, Tron’s leading DeFi platform, aiming for annual yields of up to 10%. This move signals growing confidence in Tron’s ecosystem and underscores the increasing crossover between traditional finance and DeFi.

Meanwhile, JustLend’s jUSDT market cap has surged to $186.58 million, with borrowing rates offering attractive returns. Analysts suggest that renewed interest in yield farming, combined with speculation around a potential TRX-related IPO, could push TRX past the $0.30 resistance level.

The future of Tron USDT transaction volume

With its low fees, rapid settlement, and strong institutional backing, Tron shows no signs of slowing down. As Tron USDT transaction volume continues to outpace Ethereum, the network is cementing itself as the backbone of stablecoin transfers, especially in emerging markets.

“The numbers don’t lie,” says analyst Darkfost. “Tron isn’t just competing—it’s leading the race.”

As more companies and retail users flock to the network, Tron USDT transaction volume could soon reach even greater heights, further solidifying its dominance in the crypto economy.