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By the end of 2025, TRON’s daily USDT transaction count had reached twice Ethereum’s, a milestone that captures the scale of the network’s grip on global stablecoin settlement, according to CryptoQuant’s January 2026 full-year review of the TRON blockchain.
The underlying data is hard to overlook. USDT’s circulating supply on TRON ended 2025 at $81 billion, up 40% from $58 billion in 2024. Total transfer value for the year hit $7.9 trillion, a 45% year-over-year increase, with daily averages climbing from $14.9 billion to $21.7 billion. The seven-day moving average peaked at $29 billion on October 16, 2025. TRON processed 825 million USDT transactions across the year, up 10% from 2024, with daily transfer counts averaging 2.3 million, an increase from the 2 million the previous year.
TRON in 2025: Record Usage, Strategic Fee Cuts, and Real-World Utility.
A high-level breakdown of network trends, user behavior, and protocol economics.
All based on on-chain data.
Let's dive in 🧵 pic.twitter.com/a0Wiz5Ne22
— CryptoQuant.com (@cryptoquant_com) February 17, 2026
CryptoQuant’s UTC-based transaction-intensity breakdown reveals that different user segments drive USDT activity at distinctly different hours, each cohort effectively operating on its own regional clock.
Sub $1,000 transfers, the segment most associated with retail and P2P activity, were most concentrated between 17:00 and 03:00 UTC, the window that covers daytime in the Americas and morning hours across Asia. During that time, this cohort accounted for 60 – 74% of all USDT transactions on TRON. The report ties this pattern to remittance flows and stablecoin adoption in economies with persistent inflation or currency restrictions, naming Venezuela, Argentina, the Philippines, and Indonesia as likely contributors.
USDT activity shows real-world use across time zones
– Retail (<$1K): 60–74% of transfers during Americas & Asia hours → P2P, remittances, Global South usage
– Mid-size ($1K–$10K): Spikes during EMEA business hours → likely SME and OTC flows
– Whales ($1M+): Mostly active in… pic.twitter.com/ZCmuDkU4k2
— CryptoQuant.com (@cryptoquant_com) February 17, 2026
The $1,000 – $10,000 group followed a different schedule, peaking between 08:00 and 15:00 UTC, during EMEA business hours, when its share of total transactions rose from around 22% to 30%. This timing aligns with OTC and institutional stablecoin activity across Europe, the Middle East, and Africa. Transfers exceeding $1 million were most active between 02:00 and 11:00 UTC, capturing early European sessions and active trading hours in East Asia, including Hong Kong, Singapore, and mainland China. Their near-absence during US workday hours confirms that high-value USDT flows on TRON are largely non-American in origin.
Outside of USDT, TRON’s network metrics also hit structural highs. On August 29, 2025, TRON’s Super Representatives passed a 60% reduction in the unit energy price, cutting the rate from 210 sun to 100 sun and compressing average transaction fees by 65% to $0.53. The network processed a record 323 million transactions in December 2025, up 39% from December 2024, while active addresses closed the month at 31.3 million.
Energy cost cuts slashed transaction fees on TRON
– Energy price dropped 60% in Aug 2025 (from 210 to 100 sun)
– Avg. tx fee down 65% to ~$0.53, lowest since Sep 2023
– Monthly fees fell to $183M, down from ~$399M before the cut
Lower costs result in lower fees. pic.twitter.com/AkFr2ZyfPo
— CryptoQuant.com (@cryptoquant_com) February 17, 2026
DeFi activity expanded alongside the core network. JustLend total deposits grew 56% year-over-year to $12.8 billion, while USDT bridging volume across the network surged 215% to $17.8 billion, compared to $5.6 billion in 2024.
Taken together, the data suggests that TRON’s 2025 growth was not only volume-driven but structurally reinforced by lower fees, regional adoption patterns, and expanding DeFi infrastructure.
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