Altcoins News
By Sakamoto Nashi
1 / 11
TRON (TRX) is attracting renewed attention after a major milestone in its on-chain activity.
2 / 11
Recent data from July 16 reveals a sharp rise in USDT (Tether) transactions on the TRON network.
3 / 11
A big portion of this activity is happening on Binance, which handled about 70% of all TRON-based USDT volume.
4 / 11
Despite all this on-chain activity, TRON’s native token, TRX, has remained stable around the $0.125 mark.
5 / 11
One of TRON’s major strengths is its ability to process stablecoin transactions quickly and at a low cost.
6 / 11
Another bullish sign for TRON is its recent reversal in fund flows. After experiencing outflows in previous weeks, the network saw $25.7 million in net inflows.
7 / 11
Historically, strong inflows like these have often come before upward price movements. While inflows alone don’t guarantee a price rally, they are a key piece of the puzzle.
8 / 11
What’s driving all this interest in TRON? A major factor is the network’s scalability and efficiency.
9 / 11
With more than $80 billion in stablecoins now circulating on TRON, the network has cemented its place as a core layer in the broader cryptocurrency ecosystem.
10 / 11
As the crypto market continues to recover and investor sentiment improves, networks like TRON that offer real utility are expected to benefit the most.
11 / 11
In conclusion, TRON’s recent 93% surge in USDT transfers and the $80 billion stablecoin milestone mark a major achievement for the network.
The Currency Analytics
Want the full story?