TRON's blockchain recorded a remarkable 95% surge in daily transactions in May 2025, reaching 8.4 million daily transactions, driven primarily by stablecoin activity such as USDT. Since February 2025, the network has consistently maintained over 8 million daily transactions, showcasing its capability as a high-throughput, low-fee blockchain for payments and entertainment. Founded by Justin Sun in 2017, TRON's recent growth strengthens its competitive stance against Ethereum and other legacy Layer-1 blockchains.
Additionally, the native token TRX set a new all-time high in monthly transfer volume with 490.3 billion TRX transferred in May 2025, which is a significant increase of about 34% compared to April 2025. This reflects strong on-chain fundamentals, user engagement, and network demand. TRON has overtaken Cardano to become the ninth-largest cryptocurrency by market capitalization, reaching nearly $26 billion.
The network's dominance is particularly notable in stablecoin settlements across Latin America and Africa. For example, TRON leads stablecoin activity in Colombia, Ecuador, Brazil, and six African countries including Egypt, Ethiopia, and Ghana. TRON is now the most widely used blockchain for settling customer flows by value, outpacing Ethereum, Polygon, and Binance Smart Chain.
Justin Sun emphasized the platform's focus on scaling and stablecoin dominance, with enhancements in network utility contributing to sustained growth and reliability.