The price of TRON (TRX) has seen a significant boost, rising nearly 20% in the last month to trade at approximately $0.3392. This rally is driven by a massive increase in the use of the TRON network for Tether (USDT) transactions.
According to data from CryptoQuant, TRON processed more than 8.29 million USDT transactions in the week leading up to August 3, 2025. This high volume of activity is distributed across various transaction sizes, from mid-sized transfers ($101-$1,000) to larger institutional transactions, indicating that TRON is being widely adopted by both retail users and large-scale entities.
This increased activity solidifies TRON’s position as a major player in the stablecoin market, largely due to its efficient and low-cost infrastructure. The network’s dominance has been further enhanced by recent regulatory developments in the US. Following the passage of the GENIUS Act on July 18, 2025, which created a federal framework for stablecoins, approximately $1 billion in new USDT was minted on the TRON network. This event pushed TRON’s share of the total circulating USDT supply to over 51%, reinforcing its status as the leading blockchain for stablecoin transfers.
August 2025, Cryptoniteuae
