The supply of USDT on Tron exceeds 70 billion USD – Is it a golden moment for TRX?

The supply of USDT on the TRON network has just surpassed 70 billion USD, marking an increasing level of network usage as the price of TRX approaches a technical breakout.

TRON network surpasses 70 billion USDT as the cryptocurrency market recovers

On Wednesday, TRON DAO officially confirmed that the total circulating supply of Tether (USDT) on the TRON blockchain has exceeded the threshold of 70 billion USD — an important milestone that continues to reinforce TRON's leading position in the stablecoin payment space.

The announcement highlights the growing demand from both financial institutions and individual investors for a stablecoin-based payment system with superior scalability and extremely low transaction costs. This solution is particularly well-suited for regions facing currency instability and limitations in accessing traditional financial services.

Source: CoingeckoAccording to data from TRONSCAN, the TRON network currently serves over 302 million user accounts and has processed more than 10 billion transactions. Every day, TRON records a trading volume of USDT worth approximately 19 billion USD.

"The fact that the circulating supply of USDT on TRON has surpassed 70 billion USD is a clear testament to the strong trust and support from the global community. This achievement reaffirms the continuous commitment of the TRON ecosystem to practical application and long-term stability," TRON DAO emphasized.

The total value locked (TVL) on the TRON network has surpassed the milestone of 20 billion USD, once again affirming the strong position of this platform in the decentralized finance (DeFi) ecosystem. Although the price of TRX is currently still fluctuating below the $0.25 threshold, the steady increase in trading volume is sending positive signals, raising hopes for a strong recovery in the near future.

TRON's new USDT milestone confirms its growing position on the digital financial map

The establishment of a new USDT supply milestone by TRON marks a significant step forward, reflecting the growing influence of this network in the cryptocurrency space – especially in the stablecoin transaction sector, where there is a high demand for performance and large-scale processing capabilities.

According to the official statement from TRON DAO, this milestone not only reflects the intrinsic growth momentum but also demonstrates resonance with the global trend of stablecoins – as more and more users are turning to decentralized solutions to protect their assets in the context of traditional currencies depreciating and the banking system facing numerous instabilities.

As part of the strategy to strengthen market confidence and enhance legal compliance, TRON has collaborated with Tether and TRM Labs to establish the T3 Financial Crime Unit (T3 FCU). As a result, over 150 million USD in illicit assets have been frozen – an effort that both protects the ecosystem and upholds the principle of user autonomy.

The momentum from the steadily growing trading volume along with substantial partnerships with international law enforcement agencies shows that TRON is steadfastly pursuing a "dual" strategy: scaling up and enhancing security. Experts believe that TRON's prominent role in USDT transactions could significantly boost the utility value of the TRX token – especially if the legal frameworks for stablecoins in the US and Asia are implemented in 2025.

TRON Price Forecast: TRX Aims for $0.26 as Bulls Expect a Golden Cross Formation

The price of TRON (TRX) is currently in the accumulation phase just below the resistance level of $0.25, showing remarkable stability as it remains firmly above key moving averages. Currently, TRX is trading around $0.2456, firmly maintaining above the 50-day and 100-day simple moving averages, which are at $0.2361 and $0.2377, respectively.

! Daily TRX/USDT chart | Source: TradingView The current development suggests that the uptrend is still dominant, especially as the 50-day SMA is about to cross above the 200-day SMA at $0.2271 – a positive technical signal commonly known as a golden cross.

Notably, the recent price action of TRX has recorded higher lows along with stable closing levels above the short and medium-term moving averages, reflecting strong demand whenever the price adjusts. The increasingly narrowing range of $0.2370 – $0.2500 is also signaling the accumulation of momentum for a potential breakout. At the same time, the Bull-Bear Power (BBP) indicator is recording a level of +0.0021, further reinforcing the evidence of increasing buying pressure.

If TRX can convincingly break through the $0.25 level, the target to retest the April peak around $0.26 is entirely feasible. Conversely, if the price turns around for a correction, the first support zone is at $0.2370, while a stronger support level is at the 200-day SMA around $0.2271 – where it could act as an important limit to curb the risk of a deeper decline.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.

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