TRON Stablecoin Network Grows: TRC-20 USDT Flows From Exchanges Hit Record Highs

Source Bitcoinist

TRON (TRX) has experienced heightened volatility over the past two weeks after reaching multi-year highs, but bulls continue to defend key support levels. Despite short-term price swings, the network’s fundamentals remain strong, reinforcing investor confidence in its long-term trajectory. Analysts point out that Tron’s resilience is supported not only by technical structure but also by robust on-chain activity that sets it apart from competitors.

Top analyst Darkfost recently highlighted striking data: TRC-20 USDT flows from centralized exchanges have reached historic highs, signaling unprecedented demand for stablecoin transactions on Tron. This surge underscores the network’s growing role as one of the primary blockchains for USDT usage. Its appeal lies in the ecosystem of services and products built on top of it, coupled with Tron’s ability to deliver consistently low fees and rapid execution.

This combination has attracted both retail investors and institutions, positioning Tron as a critical infrastructure layer in the stablecoin economy. As volatility tests market sentiment, the rising reliance on Tron for USDT transfers highlights a deeper narrative—beyond price action, adoption continues to accelerate. For many, this growing utility signals that Tron’s strength extends well beyond short-term market fluctuations.

Tron Strengthens Its Role As Leading Blockchain For USDT

According to top analyst Darkfost, one of the clearest signs of Tron’s strength is the accelerating adoption of TRC-20 USDT across centralized exchanges. More and more platforms have integrated Tron-based stablecoin transfers, reflecting genuine investor demand. This trend has been especially evident since late 2024, when the density of on-chain volume originating from exchanges began to rise significantly, signaling deeper reliance on Tron’s infrastructure.

Tron On-chain USDT Volume from Centralized Exchanges | Source: CryptoQuant

The scale of this activity became undeniable on August 22, when over $13 billion worth of USDT flowed on-chain from centralized exchanges in a single day. This marked the third-largest daily USDT volume ever recorded on the blockchain, underlining just how central Tron has become in global stablecoin settlement.

A closer look at the data reveals that Binance dominates this activity, representing more than 65% of TRC-20 USDT transfers among major exchanges. HTX follows with 18%, while Bybit accounts for another 5%. Together, these flows illustrate how major industry players lean heavily on Tron’s network to process massive amounts of stablecoin liquidity.

TRX Holds Key Support As Bulls Defend Uptrend

TRX is trading around $0.348 after a volatile pullback from recent highs near $0.37. The 4-hour chart shows price dipping sharply but finding support at the 200-day moving average around $0.342, where buyers stepped in to defend the trend. This bounce suggests that while momentum has cooled, the broader uptrend remains intact as long as TRX holds above this critical zone.

TRX consolidates above key levels | Source: TRXUSDT chart on TradingView

Currently, TRX is consolidating between the 50-day moving average at $0.354 and the 200-day support, forming a tight range that signals indecision in the market. Bulls must reclaim the 50-day and 100-day averages, clustered around $0.354–$0.356, to shift momentum back in their favor. A breakout above this level could open the door for a retest of $0.36 and eventually $0.37, which remains the key resistance that capped the last rally.

Failing to hold the 200-day average would weaken the structure and expose TRX to further declines, with the next support near $0.335. For now, the chart reflects cautious optimism: buyers continue to defend higher lows, but reclaiming short-term moving averages will be essential for TRX to regain strength and push toward new highs.

Featured image from Dall-E, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Oil Prices Maintain Gains Amid Geopolitical Risks and Fed Rate Cut SpeculationOil prices held largely steady in Asian trading on Monday following notable weekly gains, supported by diminishing expectations of an immediate ceasefire in the Russia-Ukraine conflict and dovish cues from the U.S.
Author  Mitrade
Yesterday 08: 26
Oil prices held largely steady in Asian trading on Monday following notable weekly gains, supported by diminishing expectations of an immediate ceasefire in the Russia-Ukraine conflict and dovish cues from the U.S.
placeholder
Markets Today: Nvidia Earnings, Indian Tariffs, French Political Risk in FocusU.S. stock futures edged higher Wednesday as investors awaited Nvidia’s closely watched earnings, while fresh U.S. tariffs on Indian imports and renewed political turmoil in France weighed on global sentiment.
Author  Mitrade
Yesterday 08: 01
U.S. stock futures edged higher Wednesday as investors awaited Nvidia’s closely watched earnings, while fresh U.S. tariffs on Indian imports and renewed political turmoil in France weighed on global sentiment.
placeholder
Crypto Market Update: Bitcoin Rebounds Amid Fed Turmoil, Altcoins GainBitcoin edged higher Wednesday to $111,272 after hitting a seven-week low below $109,000, pressured by a major whale trade that liquidated 24,000 tokens. The cryptocurrency has now dropped more than 10% from its August peak above $124,000, as risk sentiment remains muted amid concerns over Federal Reserve independence.
Author  Mitrade
Yesterday 08: 01
Bitcoin edged higher Wednesday to $111,272 after hitting a seven-week low below $109,000, pressured by a major whale trade that liquidated 24,000 tokens. The cryptocurrency has now dropped more than 10% from its August peak above $124,000, as risk sentiment remains muted amid concerns over Federal Reserve independence.
placeholder
Oil Prices Steady Ahead of U.S. Tariffs Impact on IndiaOil prices remained mostly unchanged on Wednesday following a sharp decline in the previous session, as markets awaited the imposition of hefty U.S. tariffs on India, the world’s third-largest crude importer.
Author  Mitrade
Yesterday 03: 12
Oil prices remained mostly unchanged on Wednesday following a sharp decline in the previous session, as markets awaited the imposition of hefty U.S. tariffs on India, the world’s third-largest crude importer.
placeholder
Australia's CPI Inflation Surges in July, Dimming Expectations for RBA Rate CutsAustralia's consumer price index (CPI) inflation surged to a one-year peak in July, surpassing market expectations and complicating the Reserve Bank of Australia's (RBA) outlook on further interest rate cuts.
Author  Mitrade
Yesterday 03: 00
Australia's consumer price index (CPI) inflation surged to a one-year peak in July, surpassing market expectations and complicating the Reserve Bank of Australia's (RBA) outlook on further interest rate cuts.
goTop
quote