TRON (TRX) continues to post notable on-chain data over the past month. Retail traders and whales are increasingly choosing the network for USDT transactions.
Meanwhile, listed companies are showing deeper interest by staking TRX through JustLend.
TRON Leads USDT Transactions, Surpassing Ethereum
According to a recent report from the crypto on-chain platform CryptoQuant, the amount of USDT transferred on TRON reached $6.949 billion on June 29th. This figure is 5.29 times higher than the $1.312 billion recorded on Ethereum.
This trend is not temporary. It has been consistently maintained since 2021, confirming TRON's increasingly solid position in competition with other major blockchains.
"Asia plays a crucial role in this trend. TRON has now established itself as the leading network for USDT adoption and trading volume in the Asian market. Low-cost infrastructure for large transfers is driving this. These regional dynamics increase global significance." – Analyst Carmelo_Alemán explained.
TRON's dominance stems from whale trading activity and widespread retail user participation.
According to CryptoQuant data, small transactions under $1,000 make up the majority, with over 1 million transactions occurring daily. This proves that TRON has become the preferred platform for everyday users due to low fees and fast transaction speeds.
However, when dividing TRON's USDT transaction volume by transaction size, large transactions over $100,000 dominate.
"This contrast highlights TRON's dual role as a popular platform for everyday users and a preferred network for large institutional investors." – Analyst Darkfost noted.
These factors have increased demand for TRX, pushing its market capitalization to 8th place, surpassing Dogecoin.
SRM Entertainment Expands TRON DeFi Interest
Institutional interest is also a key driver of TRON's growth. A notable example is SRM Entertainment, which once manufactured toys for Disney and Universal.
Recently, SRM successfully launched a $100 million TRON investment strategy. Additionally, SRM staked 365,096,845 TRX tokens through the JustLend platform, optimizing up to 10% annual returns.
This move strengthens confidence in the TRON ecosystem and reflects Nasdaq-listed companies' deeper participation in the DeFi sector.
Meanwhile, JustLend's latest data shows impressive peaks in jUSDT transfer volume and market capitalization, indicating renewed investor interest in lending activities on TRON.
As of June 30, 2025, jUSDT's market capitalization reached $186.58 million. Total loans stand at $120.83 million, offering an attractive 4.04% annual interest rate (Borrowing APY) and 2.49% Supply APY.
"The charts highlight key peaks in mid-2024 and early 2025, suggesting capital movement and increased adoption. These patterns, combined with TRX price fluctuations, indicate investors are returning to explore yield farming opportunities." – Analyst João Wedson mentioned.
According to BeInCrypto's recent analysis, rumors of an IPO possibility and connections with the Eric Trump family could help TRX break through the $0.3 resistance level.
