TRON Tops 11.1B Transactions as USDT Transfers Surge
TRON has processed over 11.1 billion transactions, adding 1.8 billion since the end of 2024. Daily activity averages 7–9 million transactions, peaking near 10 million, driven largely by USDT/TRC-20 transfers that benefit from low fees and fast confirmations. Data from CryptoQuant shows this sustained throughput deepens market liquidity and enhances capital rotation between spot and derivatives markets. From early May to mid-August, TRON handled around 860 million transactions, underscoring consistent stablecoin demand. As a result, TRON solidifies its role as a settlement layer for payments and cross-border transfers. On the price side, TRX traded around $0.36 and briefly exceeded its upper Bollinger Band, signaling strong momentum but raising the risk of short-term pullbacks. Continued USDT flows could sustain the bullish trend, while any slowdown may create entry opportunities near key support levels. Traders should monitor technical indicators and overall market sentiment to gauge TRON’s next move.
Bullish
TRON’s record 11.1 billion transactions, fueled by USDT/TRC-20 transfers, underscore deep network demand and enhanced market liquidity. Continuous stablecoin throughput supports efficient capital rotation across spot and derivatives venues. Historically, similar on-chain volume surges—like Ethereum’s DeFi-driven spikes—have preceded extended price uptrends. TRX’s move above the upper Bollinger Band signals strong buying momentum, reinforcing a bullish near-term outlook. Long-term, sustained transaction growth and stablecoin integration strengthen TRON’s infrastructure value, underpinning potential price appreciation. While short-term pullbacks may occur if momentum eases, these corrections can offer strategic entry points. Overall, the blend of high network utility, robust USDT flows, and positive technical indicators points to a bullish market impact for TRON.