USDT on @trondao just crossed $80b in circulating supply.
> that’s over 53% of all minted USDT
> $20b in new supply since the start of the year
> $19b in USDT transferred daily
stablecoins are winning this cycle - and the networks they live on are winning with them.
@trondao if you're interested in diving deeper and exploring more stats about Tron.
here’s @MessariCrypto’s report. still relevant despite being from April.
>
@0xDarya_ @trondao here really pure one:
In the past 90 days, the price of TRX has remained strong under Sun's leadership.
Recently, I saw a chart showing the overall performance of the top 100 cryptocurrencies over the past 90 days, with many experiencing a pullback of over 30%.
However, upon closer inspection, it turns out that the significant gains were mostly from newly launched tokens, many of which are new coins that rely on short-term hype and liquidity influx. While their price increases are impressive, their sustainability is difficult to assess.
In contrast, TRX has increased by 15.95% over the past 90 days, standing out among older projects. It has maintained positive growth, which is no small feat.
For those who have been following the TRON ecosystem for a long time, this result is not hard to understand.
TRON's on-chain activity has consistently remained high, especially in terms of stablecoin transfers. The issuance of USDT on the TRON network is the highest among all public chains, even surpassing Ethereum by a large margin. The daily transfer amounts and user numbers on-chain are also steadily increasing.
More importantly, the TRON ecosystem has a complete financial closed loop:
1 / JustLend provides lending services
2 / Supports stablecoin exchanges
3 / The application of the USDD stablecoin is continuously expanding
4 / TRX itself also serves as fuel
These infrastructures are not designed to pump prices but are genuinely serving users and facilitating real transactions.
In the context of the overall market correction over the past 90 days, the fact that TRX, as an older project, could still experience a price increase indicates that its foundation is indeed solid.
Finally, in this environment where mainstream coins are generally correcting, TRX's ability to maintain a gain of over 15% is not due to speculation but is based on years of accumulated ecological foundation and user demand.
@justinsuntron @trondao #TRONEcoStar
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