{"id":3819,"date":"2025-06-24T07:48:16","date_gmt":"2025-06-24T07:48:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trx-eyes-recovery-as-total-usdt-supply-on-tron-surpasses-80b\/"},"modified":"2025-06-24T07:48:23","modified_gmt":"2025-06-24T07:48:23","slug":"trx-eyes-recovery-as-total-usdt-supply-on-tron-surpasses-80b","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trx-eyes-recovery-as-total-usdt-supply-on-tron-surpasses-80b\/","title":{"rendered":"TRX eyes recovery as total USDT supply on Tron surpasses $80B"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">As the network reaches a major milestone in the stablecoin space, TRX, the native token of TRON, is showing signs of a possible recovery.<\/p>\n<p>According to a June 24 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6859b432d8b1996d30fb5c35-80-Billion-TRON-USDT-Supply-Milestone-Reached?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=maartunn&amp;utm_term=tron\" target=\"_blank\">analysis<\/a> by CryptoQuant contributor Maartunn, the total circulating supply of Tether (USDT) on the Tron (TRX) blockchain has now exceeded $80 billion. This record positions Tron as the largest network for USDT issuance.<\/p>\n<p>Since late 2020, USDT supply on Tron has grown almost continuously. It jumped from just under $7 billion to over $39 billion during the 2021 bull market. For the first time in three years, it surpassed Ethereum (ETH) in terms of the overall USDT supply in November 2024. <\/p>\n<p>The growth continued into 2025, rising from $59.76 billion at the beginning of the year to more than $80.76 billion by mid-June. Despite this rapid growth in stablecoin supply, the network\u2019s total value locked has decreased from about $7.5 billion in January to just $4.3 billion, as per DefiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/Tron?dexs=true&amp;tvl=false&amp;groupBy=monthly\" target=\"_blank\">data<\/a>. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>However, its decentralized exchange volumes paint a more optimistic picture. Monthly trading volume on TRON-based DEXs rose from $4.9 billion in April to $5.5 billion in May, showing renewed trading activity on-chain.<\/p>\n<p>At the time of writing, TRX is trading at $0.2729, up 2.2% over the past 24 hours, with a weekly range of $0.2605 to $0.2791. The token is still 36% below its peak of $0.4313, which was reached in December 2024. With daily volume down almost 29% to $939 million, spot trading activity seems to have cooled.<\/p>\n<p>From a technical perspective, TRX appears to be consolidating near key support levels.\u00a0The price has been moving sideways just below the 20-day simple moving average. However, it is still above the majority of important exponential moving averages over both short and long timeframes, such as the 10-, 30-, 50-, and 100-day EMAs. <\/p>\n<figure class=\"wp-block-image size-large\"><picture decoding=\"async\" class=\"wp-image-14391234\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">TRX price analysis. Credit: crypto.news<\/figcaption><\/figure>\n<p>This alignment points to underlying strength in the trend, even though price is still range-bound. The Bollinger Bands are showing a slight narrowing, which indicates less volatility, and TRX is hugging the middle band. <\/p>\n<p>The relative strength index, which is near 50, shows a neutral momentum bias. The momentum and bull\/bear power indicators are flashing buy signals, but the MACD indicator is still in slightly bearish territory.\u00a0<\/p>\n<p>If TRX decisively clears the 20-day SMA and breaks above the $0.28 range, a bullish breakout might develop, possibly paving the way for a retest of the $0.30\u2013$0.32 range. On the downside, the token may be susceptible to additional losses toward the lower Bollinger Band around $0.262 if it is unable to hold above $0.265.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As the network reaches a major milestone in the stablecoin space, TRX, the native token of TRON, is showing signs of a possible recovery. According to a June 24 analysis&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3819"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3819\/revisions"}],"predecessor-version":[{"id":3820,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3819\/revisions\/3820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2090"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}