TRON's USDT Supply Exceeds $70 Billion: Will TRX Make a Big Comeback by May 2025?
TRON's USDT supply leaps to $70 billion, asserting its dominance as a leading stablecoin. Analysts speculate if TRX can achieve a new all-time high by May 2025 amidst recent developments.
TRON’s USDT support has reached $70 billion, solidifying its top position among stablecoins. With TRX targeting a new all-time high in May 2025 and the recent filing for a TRX ETF by Canary, observers are curious about TRON’s status as a viable investment option.
TRON continues to lead in USDT transfers, significantly surpassing Ethereum and Solana. Analysts speculate if the TRX token will surpass its previous highs, especially considering its price recently dropped to $0.45.
“While we see this as a major achievement, it also reinforces our responsibility to continue building secure, scalable, and inclusive financial infrastructure. This progress results from collective efforts across the entire crypto ecosystem, and we remain committed to advancing real-world utility through stablecoin innovation,” stated Justin Sun.
In addition, TRON’s ecosystem is expanding, with an increase in daily active addresses and a substantial portion of the market’s assets managed by TRON DeFi protocols. With an S-1 application filed for a spot TRX ETF, if approved, institutional money could significantly boost TRX market value.
Key Highlights:
- TRON surpasses $70 billion in USDT, leading in stablecoin transfers.
- TRX is showing potential for new all-time highs.
- Canary has filed for a spot TRX ETF, which permits staking to yield passive income.
