- 490.3 billion TRX moved, up 34% from April.
- Yearly volume surged nearly 10x from May 2024.
- Dominates stablecoin flows across multiple regions.
The Tron blockchain has hit a new peak in transaction activity, with its native token TRX recording an all-time high monthly transfer volume of 490.3 billion tokens in May 2025.
This translates to approximately $121.2 billion at the current market price of $0.247 per token, marking a 34% jump from April and a 990% surge compared to the same month last year.
The explosive rise in volume highlights Tron’s increasing role in global payments, especially in stablecoin transactions.
Beyond raw transaction figures, Tron has now overtaken Cardano to become the world’s ninth-largest cryptocurrency by market capitalisation.
At the time of writing, TRX holds a market cap of $25.6 billion, surpassing Cardano’s $24.1 billion.
The network’s expanding dominance has drawn renewed attention to TRX’s role in stablecoin flows, outpacing Ethereum and other Layer 1 and Layer 2 chains in Tether usage across various global regions.
Tron leads global stablecoin flows, surpassing Ethereum
A growing portion of the transfer volume is tied to Tron’s strength in stablecoin settlement, particularly in Tether (USDT).
Recent industry reports show that Tron has consistently outperformed Ethereum as the preferred network for Tether transfers since mid-2022.
This trend has continued into 2025, with Tron now dominating stablecoin transaction volumes across multiple continents, including Latin America, Africa, Asia, North America, and Europe.
According to data published by Artemis, Tron remains the most commonly used blockchain for settling customer flows by value. It is followed by Ethereum, Polygon, and Binance Smart Chain.
Tron’s low transaction fees and consistent throughput have positioned it as the blockchain of choice for large-scale stablecoin movement, especially in emerging markets where cost efficiency is crucial.
May transfer volume up 34% from April, nearly 10x YoY
In April 2025, total TRX transfers stood at 362.92 billion, meaning May’s figure represents a 34% month-on-month jump.
The yearly change is even more striking, with volume rising from just 45 billion TRX in May 2024 to 490.3 billion this year—a near tenfold increase.
This growth has been facilitated by rising user adoption and increased integration with major decentralised applications and payment systems.
The network’s architecture continues to support consistent throughput for micropayments and remittance services, particularly those requiring stablecoin functionality.
Analysts eye breakout as price holds near $0.26
TRX has not only gained in transaction metrics but also in market performance. Recent data shows that the token’s price has risen 8.8% over the past month. However, in the past 24 hours, TRX is down 0.26% and is currently trading at $0.26.
Technical analysts monitoring the market have identified a monthly ascending triangle pattern on the charts, a formation that historically signals potential breakouts.
Based on current levels, TRX would need to rise by approximately 270.3% to reach the $1 mark.
While this scenario is not guaranteed, growing network activity and rising adoption support the possibility of continued upward movement in the near to medium term.
