Breaking
March 1, 2025

Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode Christian Encila | usagoldmines.com

Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its efficient system for managing Tether (USDT) transfers.

Tron’s Position In The Altcoin Market

Tron has established itself as the foundation for stablecoin transfers, processing millions of transactions each day. The blockchain is a critical factor in the growth of its market share, as it processes a substantial portion of USDT transactions. For merchants and investors seeking to efficiently transfer funds, Tron is an appealing option due to its low fees and high transaction speeds.

Tron’s domination extends beyond the realm of small-scale activity, according to a research by CryptoQuant. The fact that the network currently controls 70% of all USDT transfers is a clear sign that users prefer the network over competitors such as Ethereum and Binance Smart Chain. Because of this, Tron’s entire USDT supply share has climbed to 43%, which is on the verge of reaching its highest level ever recorded.

A Closer Examination Of The Data

The statistics are the foundation of Tron’s strength. The network processes more than 14 million USDT transactions per week, according to recent statistics. The volume alone is sufficient to establish it as a leader among the majority of altcoins, demonstrating its increasing importance in the cryptosphere.

Even though there are still a lot of transactions going on, Tron’s price has been holding steady. In the past day, TRX has gone up 7.7% and now trades at about $0.23. Even though this may not seem like a big step, the network’s steady growth shows that its strong base is helping to keep its value.

What Does This Mean For The Price Of TRX?

The big question remains—will Tron’s transaction dominance lead to a surge in TRX’s price? Market analysts believe that increased network usage could push TRX to higher levels. Some predictions even suggest the token could hit $1.11, representing a 444% gain from its current price.

However, history has demonstrated that many transactions do not immediately result in price increases. Investors sentiment and the overall health of the market are only two of the several other factors that will impact TRX’s price trajectory.

Featured image from Vocal, chart from TradingView

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Chainalysis Report Reveals Rising Sophistication in Crypto Crime Wayne Jones | usagol...

Crypto News | How blockchain will bridge the divide in 2025 Marc Boiron | usagoldmines.com

Crypto funds’ weekly outflows hit a record high of nearly $3 billion Collins J. Okoth | usagoldmines...

Binance’s founder CZ suggests new idea for token issuance Jai Hamid | usagoldmines.com

Dogecoin (DOGE), Mutuum Finance (MUTM): Can They Earn You Millions in the Coming Months? Cryptopolit...

Lightchain AI- The Underrated Crypto That Could Turn a $2,000 Investment Into $100,000 by 2025 Crypt...

Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes Christian Encila | usagoldmines.com

Crypto News | Bitlayer Advances the First BitVM Implementation Through Major Strategic Partnerships...

Crypto News | Good News for Dogecoin (DOGE) Investors: Is $0.5 Still in Play? Jordan Lyanchev | usa...

Crypto News | Bitcoin Wraps Up Worst February in 11 Years: Can March Bring a Rebound? Jordan Lyanch...

Crypto News | Bitcoin Recovers $7K Following Dump Below $80K, Ripple Gains 8% (Weekend Watch) Jorda...

Crypto News | Weekly Bitcoin, Ethereum ETF Recap: Light at the End of the Tunnel for BTC Jordan Lya...

Crypto News | Is the Bitcoin Bull Run Over After BTC Crashed by $20K in 5 Days? Jordan Lyanchev | u...

Crypto News | Was Trump’s Inauguration Day the Beginning of the End for Bitcoin? Jordan Lyanchev | ...

Market Crash? Shield Your Portfolio With These Top Tokens communityspeaks | usagoldmines.com

Lazarus Group at it again – New victim suspected in $3.1M Tron hack Collins J. Okoth | usagoldmines....

Shiba Inu Whale with $1.8M Portfolio Transfers 1,000,000,000 SHIB to Invest In This Ethereum Based T...

Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000 Opeye...

Vitalik Buterin condemns Roger Ver’s life sentence for tax offenses Owotunse Adebayo | usagoldmines....

Emerging Token Expected To Blow Past Dogecoin’s (DOGE) 12,367% Historic Rally in Just 3 Months Crypt...

Bitcoin Nears $76,000 Target Amid Price Correction — But Will This Support Hold? Semilore Faleti | u...

Binance Lists MyShell (SHELL): HODLer Airdrops and Rewards Explained Alex Orguno | usagoldmines.com

Vitalik Buterin Calls for Roger Ver’s Release, Criticizes Harsh Sentence Over Tax Offenses Nidhi Kol...

Bitcoin and Ethereum see historic February losses as liquidity concerns grow Cryptopolitan News | us...

Ethereum Price Prediction- Can It Top $11,250 if You Hold Until 2027 And When This Crypto Will Be At...

BTC Bull Presale an Excellent Opportunity to Buy the Dip amid Bitcoin Correction Krishi Chowdhary | ...

Pi Coin Price Hits New Lows – Will a Binance Listing Spark a 100% Rally? Qadir AK | usagoldmines.com

Will the SEC Drop Its Appeal Against Ripple? Here’s What We Know Mustafa Mulla | usagoldmines.com

Crypto News Today: Signs Point to SEC Dropping Ripple Lawsuit Soon – Here’s Why Nidhi Kolhapur | usa...

Why XRP Is Going Up Today & Analyst Price Predictions Vignesh S G | usagoldmines.com

Pi Network Announces Final KYC Deadline – Last Chance to Secure Your Pi! Mustafa Mulla | usagoldmine...

Crypto Market Watch: Top Altcoins to Buy Right Now Instead of Bitcoin Sohrab Khawas | usagoldmines.c...

Bitcoin Not Fit for Swiss National Bank Reserves, Says President Nidhi Kolhapur | usagoldmines.com

Ripple News Today: XRP Surges 8.4% – But Don’t Expect a Moonshot Just Yet Elena R | usagoldmines.com

XRP Open Interest Surges Past $3B, Fueling Optimism for Price Rally Nidhi Kolhapur | usagoldmines.co...

Defiance Capital Founder Bought Solana at Discount- Sol Price To Surge In 3 Month Mustafa Mulla | us...

Crypto bettors wager on Zelenskyy’s fate amid Trump row Owotunse Adebayo | usagoldmines.com

Court Dismisses SEC Lawsuit Against Hex Founder Richard Heart Ruholamin Haqshanas | usagoldmines.com

Spot Bitcoin ETFs See $90M in Inflows After 8-Day Outflow Streak Ruholamin Haqshanas | usagoldmines....

SEC Commissioner Caroline Crenshaw Dissents on Meme Coin Non-Security Ruling Ruholamin Haqshanas | u...

2-year Treasury yield falls below 4% to reach the lowest point since October 2024 Collins J. Okoth |...

Cardano Bulls Target $80 Billion Market Cap by End of June as this Affordable $0.015 Altcoin expecte...

Ethereum Key Support: Cost Basis Data Points To $1,890 As Make-Or-Break Level Semilore Faleti | usag...

Crypto News | Where to find the best crypto trading bots​? News Desk | usagoldmines.com

United Kingdom court sentences illegal Bitcoin ATM operator to jail Owotunse Adebayo | usagoldmines....

Zelenskyy’s Comment Has Effect on Crypto Price: ETH Down 1.9% Immediately Arslan Butt | usagoldmines...

Creating A Winning Bull Run Portfolio in 2025. Cardano for a 450% Gain, Shiba Inu (SHIB) for 650%, a...

Bitcoin Weekly Close Key For A Retest Of $93,000 – ‘Weekend Relief’ Coming? Rubmar Garcia | usagoldm...

Bitcoin Price Rises as Trump Announces Crypto Summit on March 7th: Will This Trend Continue? Arslan ...

Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned? Samuel Edyme | usagoldmines....

White House Crypto Summit, March 7: How Donald Trump Plans to Revolutionize US Crypto Regulations. Z...

CBI Cracks Down on Gainbitcoin Scam in India, Seizing $2.75M in Cryptocurrency Vignesh S G | usagold...

Cardano (ADA) and Solana (SOL) Were Untouchable in 2021; This Cycle, This Token Is Shaming All Crypt...

Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner? Ash Tiwari | u...

Binance News: CZ’s BNB Donation Fuels Excitement in Meme Coin Liquidity Program Vignesh S G | usagol...

Crypto Market Recovered: Is this a Rebound or a Bull Trap? Shrishesh Tanksalkar | usagoldmines.com

XRP News Today: SBI’s Report Shows XRP’s 7X Surge & Growing Market Presence Mustafa Mulla | usag...

CZ to add liquidity to winning meme projects in $4.4M BNB Chain support plan Nellius Irene | usagold...

Top DeFi Coin Picks: AVAX, FXGuys, and MANTRA (OM) – Which One Will 50x First? Cryptopolitan Media |...

Bitcoin And Altcoins Rebound As US Inflation Cools—Is The Downtrend Over? Jake Simmons | usagoldmine...

Bitcoin Price Prediction for March 2025 Debashree Patra | usagoldmines.com

Ukraine considers up to 10% crypto tax as proposed legalization takes shape Collins J. Okoth | usago...

White House and Donald Trump will host its first-ever Crypto Summit next Friday Collins J. Okoth | u...

Crypto News | USDT Dominates Tron Network with 98.5% Share of Stablecoin Supply Chayanika Deka | us...

XRP Price Prediction For March 1 Anjali Belgaumkar | usagoldmines.com

Crypto News Today : March 1st – Whitehouse Crypto Summit, Bitcoin News, Pi Coin Price Qadir AK | usa...

Ukraine Plans 10% to 23% Crypto Tax to Boost Budget and Military Aid Mustafa Mulla | usagoldmines.co...

Judge rejects SEC charges against HEX creator Richard Heart, who remains  on the run Derek H Anderse...

Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us Samuel Edyme | usagoldmines.com

Big News: White House to Host First Ever Crypto Summit on March 7 Anjali Belgaumkar | usagoldmines....

Pi Coin Price Prediction: Is $10 Possible After Binance Listing? Anjali Belgaumkar | usagoldmines.c...

Crypto Insiders Are Betting on This Altcoin—Could It Surpass Solana? Cryptopolitan Media | usagoldmi...

Solana Now Retesting Realized Price: Will Shift To Bear Market Happen? Keshav Verma | usagoldmines.c...

Crypto News | Uniswap founder criticizes Ethereum Foundation’s new advisory group amid community con...

Crypto News | Meme Coins Do Not Qualify as Securities: SEC Confirms Chayanika Deka | usagoldmines.c...

Crypto News | Memeagent Is Gaining Attention – Meeting Chad, the AI Agent That’s Changing the Game ...

Crypto News | Shiba Inu (SHIB) Might Plunge by Another 30% Before Finding Support (Analyst) Dimitar...

Crypto News | Consensys and SEC Reach Agreement to Dismiss MetaMask Securities Case Chayanika Deka ...

Crypto News | Crypto Whales Appear to Be Buying Solana on the Dip, What About Solaxy? Felix Mollen ...

Crypto News | XRP, Ethereum Dip Has Some Whales Eye New Altcoins Best Wallet Token and Human Protoc...

Crypto News | Over $8 Million Raised in XYZVerse Presale as Token Generation Event Draws Closer Cha...

Crypto News | This Football Legend Issues a Critical Warning Regarding Fake Meme Coins: Details Dim...

Crypto News | Internal Conflict at Thorchain as North Korean Hackers Leverage Network for Crypto La...

Crypto News | Beyond Hacks: Vitalik Buterin Calls for Wallet Solutions to Address Crypto Loss Wayne...

Cardano (ADA) Price Prediction for March 1, 2025 Chandan Gupta | usagoldmines.com

TeraWulf’s revenue surges 102% as Bitcoin holdings nearly quadruple Nellius Irene | usagoldmines.com

Bitcoin miner Bitdeer looks confident despite disappointing Q4 results Derek H Andersen | usagoldmin...

Experts Predict $15,000 for Ethereum (ETH), But This New $0.015 Altcoin Could Deliver 38x Gains Cryp...

Cardano Price Set For $8.11 ATH In 2025 With This Bullish Wave Scott Matherson | usagoldmines.com

Crypto News | Crypto Whales Appear to Be Buying Solana on the Dip, What About Solaxy? Felix Mollen ...

Crypto News | StanChart warns of further downside for Bitcoin over the weekend akin to August 2024 A...

Why South Korean investors must rethink their high-risk bet on Tesla-linked leveraged products Nelli...

Will DOGE achieve its major goals in 2025? Here’s what Polymarket predictions say Noor Bazmi | usago...

US SEC Delays Ether ETF Options on the CBOE Tanzeel Akhtar | usagoldmines.com

Cardano Likely to Slump to $0.40s – Buy the Dip? Joel Frank | usagoldmines.com

DTTM Operations Files Application Expanding TRUMP Into The Metaverse Julia Smith | usagoldmines.com

Is The Worst Yet To Come For XRP? Analyst Issues Dire Warning Jake Simmons | usagoldmines.com

Crypto News | Commissioner Crenshaw warns SEC’s crypto policy shift threatens market trust Oluwapelu...

Crypto News | Ethereum grapples with unexpected Holesky setback in Pectra upgrade testing Oluwapelum...

Crypto News | Trump Organization sets sights on metaverse, NFT trading platforms with new trademark ...

Leave a Reply