Tron surpasses $121.2B in monthly transfers, TRX surpasses Cardano

cardano

Tron blockchain has recently witnessed a significant surge in transaction activity, with its native token TRX achieving a record-breaking monthly transfer volume of 490.3 billion tokens in May 2025. This milestone amounts to approximately $121.2 billion based on the current market price of $0.247 per token, reflecting a notable 34% increase from the previous month and a staggering 990% surge when compared to the same period last year.

The remarkable upsurge in volume underscores Tron’s growing prominence in global payments, particularly within stablecoin transactions. Apart from the sheer transaction numbers, Tron has now surpassed Cardano to secure the position of the world’s ninth-largest cryptocurrency by market capitalization. As of now, TRX boasts a market cap of $25.6 billion, outshining Cardano’s $24.1 billion. This escalating dominance of the network has brought renewed attention to TRX’s pivotal role in stablecoin movements, where it has outperformed Ethereum and other Layer 1 and Layer 2 chains in facilitating Tether usage across various geographical regions.

Tron’s recent achievements further extend to its leadership in global stablecoin transfers, surpassing Ethereum in this realm. Notably, Tron has emerged as the preferred platform for Tether transfers since mid-2022, maintaining this trend into 2025 and seizing the lead in stablecoin transaction volumes across multiple continents, including Latin America, Africa, Asia, North America, and Europe. According to research findings, shared by Artemis, Tron stands as the top blockchain platform for settling customer flows based on value, leaving Ethereum, Polygon, and Binance Smart Chain behind. The network’s competitive advantage lies in its minimal transaction fees and consistent transaction speed, attracting users for large-scale stablecoin operations, especially in developing markets where cost efficiency is critical.

The notable growth in Tron’s transfer volume is evident from the data. In April 2025, total TRX transfers amounted to 362.92 billion, showcasing a considerable 34% increase in May’s total figure. The year-on-year transformation is even more striking, with the volume leaping from a mere 45 billion TRX in May 2024 to 490.3 billion this year, signaling close to a tenfold surge. This remarkable expansion has been primarily fueled by enhanced user adoption and stronger integrations with major decentralized applications and payment platforms, with the network architecture seamlessly supporting micropayments and remittance services, particularly those necessitating stablecoin functionality.

TRX’s positive trajectory is not limited to transaction metrics but extends to market performance as well. Recent data reveals an 8.8% increase in the token’s price over the past month. While there was a minor 0.26% decline in the past 24 hours, TRX is presently trading at $0.26. Technical analysts observing the market have identified a monthly ascending triangle pattern on the charts, a formation historically associated with potential breakouts. Considering the prevailing levels, TRX would need to surge by approximately 270.3% to hit the $1 milestone. Although such outcomes are speculative, the escalating network activity and growing adoption hint at the likelihood of sustained upward momentum in the near to medium term.