TLDR:
- Tron network increased USDT/USDC stablecoin volume by $2.12 billion in 7 days while Ethereum lost $2.44 billion
- Tron reached $73.8 billion in stablecoin market cap, surpassing Ethereum’s $71.9 billion
- TRX price trading at $0.2653 with trading volume up 69.18% to $938.02 million
- Whale transactions of TRX have declined despite price remaining firm above $0.27
- Technical indicators show a “golden cross” with the 50-day SMA crossing above the 100-day SMA, suggesting bullish momentum
The Tron blockchain has overtaken Ethereum in stablecoin transaction volume, marking a major shift in the cryptocurrency market landscape. This development coincides with changing whale behavior as TRX price eyes potential movement toward the $0.30 level.
Tron’s network has experienced high activity over the past week in terms of stablecoin transfers. Data shows USDT/USDC stablecoin volume on Tron increased by $2.12 billion during this period. This surge highlights growing user preference for the network.
In contrast, Ethereum saw a decrease of $2.44 billion in stablecoin liquidity over the same timeframe. This reversal suggests users may be migrating to Tron due to its lower fees and faster transaction settlement times.
The total stablecoin market cap on Tron has now reached $73.8 billion, edging out Ethereum’s $71.9 billion. This flip represents a changing dynamic in how stablecoins are being deployed across blockchain networks.
This shift may be tied to practical advantages. Tron offers lower transaction costs and quicker processing times, making it more attractive for daily transactions and stablecoin transfers.
In the past 7 days, stablecoins(USDT&USDC) on #Tron increased by $2.12B, and stablecoins(USDT&USDC) on #Ethereum decreased by $2.44B.https://t.co/LQ9aIGxqwo pic.twitter.com/qrpoYeR71F
— Lookonchain (@lookonchain) May 19, 2025
Whale Behavior Changes
While network activity increases, large TRX holders appear to be reducing their positions. Whale transactions have dropped from over a thousand to just a few hundred in recent days.
These major holders sold approximately 231 million TRX, raising questions about future price movement. Despite this selling pressure, TRX price has maintained stability.
The token recently reached a high of $0.2739 and continues to trade above the $0.27 level. As of the most recent data, TRX was changing hands at $0.2653.
Trading volume has surged by 69.18% to $938.02 million, indicating heightened interest from traders and investors in the token.
This price resilience suggests that smaller investors may be absorbing the supply being sold by whales. The market appears to be shifting toward broader participation rather than being dominated by a few large holders.
TRON
TRX Price
Technical Indicators Remain Positive
Technical analysis provides further support for TRX’s outlook. A recent “golden cross” has formed on the charts, with the 50-day Simple Moving Average crossing above the 100-day SMA.
Since this technical event occurred, TRX has climbed approximately 11%. This pattern is often viewed as a bullish indicator by market participants.
The price continues to trade above both these key moving averages, suggesting buyers remain active in the market. As long as these levels hold, TRX could potentially test the $0.28 resistance level.
Strong support exists around $0.23, where the 100-day and 200-day moving averages converge. This technical support zone could provide a safety net in case of any downward movement.
The next few days will be crucial for determining whether TRX can build on this momentum and move toward the $0.30 level that many investors are watching.
The market continues to monitor how this shift in stablecoin activity will affect TRX price in the coming weeks as the network’s utility expands.
