TRON (TRX) has reached a new milestone, becoming the 8th largest cryptocurrency by market cap, surpassing Dogecoin (DOGE). This event highlights changing trends in the crypto industry.
TRON's Capitalization Growth
As of June 20, 2025, TRON's market cap stands at approximately $25.9 billion, exceeding Dogecoin's $25.1 billion. This achievement reflects growing investor interest in blockchain networks that offer real utility.
Success in Stablecoin Transactions
One of the primary factors behind TRON's growth is its dominance in USDT (Tether) transactions. TRON currently processes over 65% of global USDT transfers and is the leading network for stablecoin activity on Binance, with $2–3 billion moving through TRON daily.
Corporate Strategy and IPO
TRON is also enhancing its appeal through corporate strategy, including a reverse merger with Nasdaq-listed SRM Entertainment, valued at $210 million. This anticipated U.S. IPO under the name 'Tron Inc.' is seen as a move to solidify TRON's reputation as an institution-friendly blockchain project.
TRON's ascent in the cryptocurrency market signals a shift where projects providing tangible and real-world benefits are gaining more traction and are considered sustainable in the long run.
