With several impressive milestones, the Tron network continues to approve its dominance in the payment sector in Stub. Recently, the number of USDT (binding) circulating on the throne has reached a new record high level.
Meanwhile, the number of long -term holders on TRON exceeded 2.66 million addresses. This reflects the strong confidence of retail investors and the long-term commitment to this blockchain level 1.
Can USDT put on Tron surpass Ethereum?
Cryptoquant data show that the supply of USDT Tron has been steadily growing in recent years. Currently, the market capitalization of USDT on Tron has reached a record maximum, in circulation of more than 71 billion US dollars.
Meanwhile, Ethereum places 74.5 billion US dollars in circulation. The throne narrows the gap with ETH in terms of using USDT traders.
“This milestone fixes the position of the throne as one of the main blockchains in the Defi space, and in the future it may even surpass the adoption of some large chain competitors,” commented Darkfost analyst.
For the context, the total market capitalization of the stabi is $ 242 billion, and only Tether (USDT) is $ 149 billion. This means that TRON facilitates smooth transactions for 29% of the Stablecoin market capitalization and 47% of the USDT market capitalization.
In addition, data from Artemis show that Tron falls on 28% of all active addresses of the wallet for Stublek, more than any other monitoring blockchain. This makes the throne the upper chain in terms of income from the board.
The recent Beincrypto report shows that experts predict that stables will attract strong interest in venture capital in the future. The number of issuers can grow ten times. New issuers can choose Tron, which will benefit a blockchain capable of processing $ 150 billion in a weekly volcry transaction.
Throne (TRX), supported by loyal long -term holders
Cryptoquant also reports that 2.66 million TRX addresses kept their tokens for more than one year without spending them. These wallets support the remains of at least 10 TRX. While 10 TRX costs only a few dollars, many retail investors prefer to keep Tron in the long run, even with small amounts of capital.
The analyst Crazzyblockkkks believes that this indicator indicates strong user loyalty and sustainable interaction, which can maintain the TRX price in the long run.
“An increase in the long-term holding is often associated with higher confidence in the basic network and potential for liquidity stability,” Krazziyblock said.
Nevertheless, some investors argue that the vitality of the throne depends too much on the USDT transactions. Data from Dune show that more than 3 million Tron wallets are active daily, but most of the only USDT shot. Therefore, any strategic changes in Tron -tether relations can significantly affect the network and price of TRX.
This dependence emphasizes the weak usefulness of the throne outside the USDT space. For example, Tron is significantly lags behind SOLANA in the deployment of MEME coins and significantly lags behind other chains in the volume of trade in decentralized exchange (DEX). Moreover, the throne seems to be almost absent in the market market in the real world.
At the time of writing, the TRX article is trading about 0.25 dollars, showing little movement after falling from a maximum of $ 0.45 at the end of last year.
