According to a report by CryptoRank, Tron (TRX) shows resilience and development, maintaining a key position as a USDT hub in 2025, despite challenges in the DeFi sector.
Tron and Its Development in 2025
In the first half of 2025, several key institutions including Kiln, Nansen, P2Porg, and Kraken joined the TRON network as super representatives, broadening the validator base of the network. This increase indicates heightened trust in the ecosystem and improved institutional reliability. In June, World Liberty Financial, initiated by Trump's family, launched USD1 on the Tron network, bringing significant attention to the platform. Consequently, USD1 swiftly exceeded a billion-dollar circulation supply.
Metrics of the Tron Network
The network demonstrated consistent growth, executing 784 million transactions in the second quarter, marking the second-highest volume since 2023. According to CryptoRank data, Tron’s market capitalization saw substantial growth, backed by improved overall market sentiment and proactive measures by the Tron team. Consistent token-burning activities led to a 33.8% increase in market value in the year’s first half.
Stablecoin Ecosystem Expansion
Despite broader ecosystem challenges, Tron maintained its primary network status for USDT. With Tron’s USDT supply reaching $81.2 billion over 65 months, this represented a 41% increase since 2024, reinforcing Tron’s position as a key payment layer for USDT.
Tron's performance in the first half of 2025 reaffirmed its centrality as a USDT hub, bolstered by its stablecoin infrastructure. While core metrics such as transaction volumes, active addresses, and protocol revenues remain robust, the decline in TVL and diminishing role in the DeFi sector indicate a need for innovation to strengthen its standing in the ecosystem.
