TRON Exceeds $70B in USDT: Could Justin Sun’s TRX Cryptocurrency Reach a New ATH in May 2025?
TRON’s USDT supply reaches $70 billion, reinforcing its dominance in the stablecoin market over ETH and Solana. With TRX targeting a new ATH in May 2025 and the Canary filing for a spot TRX ETF, could TRON be the top cryptocurrency to invest in?
TRON, along with Bitcoin, Solana, and various prominent altcoins—including meme tokens—has stabilized after surpassing critical liquidation points. As optimistic momentum builds, experts are noting that TRX, the native crypto token of the TRON self-executing contract platform, could become one of the top cryptocurrencies to acquire in 2025.
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TRON USDT Token supply Surpasses $70 Billion
Earlier today, TRON DAO, the decentralized governing body behind the protocol, revealed that the token supply of USDT on TRON has exceeded $70 billion.
TRON continues to be the preferred choice for USDT transactions at this notable achievement, reinforcing its supremacy over alternative blockchains such as Solana and ETH. With the USDT supply increasing and crypto asset prices on the rise, analysts are pondering: Will TRX break through and achieve new all-time highs in May?
TRXUSDT rallied to $0.45 late last year before retreating as crypto market enthusiasm waned.
From a technical standpoint, the upward trend persists, despite TRX trading sideways, now down over 50% from its peak. If TRX buyers push past $0.30, prices could spike, revisiting December 2024 highs in a optimistic continuation that might increase interest in some of the most promising meme coin ICOs for 2025.
(TRXUSDT)
Tron offers scalability, low transaction costs, and reliability, enhancing its reputation as a reliable network for stablecoin transactions, especially in developing regions facing currency price swings or limited access to banking.
Justin Sun, co-founder of TRON, credited this increase to “collective contributions” across the crypto landscape:
“While we view this as a significant milestone, it also emphasizes our duty to persist in creating secure, scalable, and inclusive financial infrastructures. This advancement is a result of collective efforts from the entire crypto ecosystem, and we remain devoted to enhancing real-world applications through stablecoin advancements.”
TRON Ecosystem Expanding, Canary Seeks Spot TRX ETF
As of the latest news, TRON boasted over 2.6 million active daily addresses and a total of over 302 million accounts.
(Source)
According to further data from DeFiLlama, TRON’s Decentralized finance protocols manage nearly $5 billion in crypto assets.
A recent report from Messari highlighted that the network achieved a 2.7% increase in revenue over the last quarter, totaling $760.2 million.
(Source)
In addition, the USDT token supply increased by nearly 14% to reach $65.7 billion from January to March 2025.
Aside from USDT growth, the submission of a spot TRX ETF application by Canary is a significant development.
Canary filed an S-1 registration with the U.S. SEC for the launch of the nation’s first spot TRX ETF.
Unlike the spot Ethereum ETF, this fund will include locking tokens, which would allow investors to earn a passive income of approximately 4.6%.
If the application is approved, institutional investments could lead to an uptick in TRX prices.
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TRON USDT Reaches $70B: TRXUSDT Bulls Aim for New All-Time Highs
- TRON exceeds $70 billion in USDT supply, surpassing Solana and Ethereum as the top network for stablecoin transactions
- TRX enthusiasts are targeting new all-time highs. Will TRXUSDT settle above $0.30?
- The Tron ecosystem is expanding as protocol revenue increased to over $760 million in Q1 2025
- Canary has filed for a spot TRX ETF that includes locking tokens options
The article TRON Surpasses $70B in USDT: Will Justin Sun’s TRX Crypto Hit a New ATH in May 2025? first appeared on 99Bitcoins.
