TRON (TRX) has maintained upward momentum alongside broader cryptocurrency market gains over recent weeks. The token recorded a nearly 6% rise in the past week, briefly reaching $0.369 before easing to $0.3589 at the time of writing.
While price action remains within a tight range, network fundamentals suggest continued high usage, particularly driven by stablecoin transfers.
TRON Stablecoin Demand and Market Liquidity
Data from the on-chain analytics platform CryptoQuant highlights that TRON has now processed more than 11.1 billion transactions in its lifetime, reflecting sustained growth since the start of the year.
In 2024, the network closed with about 9.3 billion total transactions, meaning roughly 1.8 billion have been added so far in 2025. Current activity averages between 7–9 million transactions daily, with peaks near 10 million, well above the levels recorded in early 2024.
Much of this activity is attributed to USDT/TRC-20 transfers, favored for their low fees and rapid confirmation times, positioning TRON as a widely used infrastructure for payments and fund transfers between wallets and exchanges.
According to CryptoQuant contributor Arab Chain, the growth in TRON’s transaction volume is more than just a technical statistic; it directly influences market liquidity.
“The current momentum in transaction volumes enhances liquidity and facilitates the movement of funds into derivatives trading, supporting bullish scenarios when sentiment is positive,” the analyst noted.
From early May to mid-August, the network processed approximately 860 million transactions, highlighting a consistent flow of capital across TRON’s ecosystem.
This steady throughput has created conditions for efficient capital rotation between spot and derivatives markets, particularly on larger exchanges.
The ability to handle high activity without significant fee increases also indicates broad and organic demand, rather than short-lived speculative surges. TRON’s role as a major settlement layer for stablecoin transfers means it continues to act as a backbone for exchange and cross-border activity in the crypto market.
Technical Indicators and Potential Price Scenarios
Complementing the on-chain data, CryptoQuant analyst BorisVest pointed to TRON’s recent price behavior relative to technical patterns. At its current price of around $0.36, TRX has moved above the upper Bollinger Band, suggesting a phase of stronger momentum.
While this could indicate the potential for further gains if buying pressure persists, the analyst cautioned that overextension often raises the risk of near-term pullbacks.
If market momentum stalls, a retracement could present entry opportunities for long-term positions. On the other hand, if transaction activity and USDT flows remain strong while market sentiment holds, TRX could sustain its current trend.
Historical data from other large-cap tokens suggests that a combination of high network utility, stablecoin integration, and sustained liquidity often supports prolonged uptrends, though the balance between retail activity and large-holder behavior will remain a determining factor.
As TRON continues to process millions of transactions daily and maintain deep integration with stablecoin flows, its role in crypto market infrastructure appears secure. However, price performance in the short term will likely depend on how this usage aligns with broader market sentiment and technical support levels.
Featured image created with DALL-E, Chart from TradingView
