In May 2025, TRX, the native token of the Tron network, achieved an impressive milestone, recording an all-time high in monthly transfer volume. According to data compiled by CryptoQuant, a staggering 490.3 billion TRX tokens were transferred within the month, translating to approximately $132.4 billion based on the current token price of $0.27.
Surge in Network Activity
This new peak signifies a pronounced increase from the previous month of April 2025, during which 362.92 billion TRX tokens were transacted, reflecting a month-over-month growth rate of around 34%. Such a significant uptick in volume illustrates a robust surge in transactional activity on the Tron blockchain.
CryptoQuant has highlighted that this rise in transfer volume is indicative of strong user engagement and a sustained demand for the network’s services.
TRX’s performance in May has been notably strong, bolstered by positive on-chain fundamentals and price resilience. Additional analyses indicate that TRX presents a relatively stable and low-risk investment profile, attracting consistent inflows from investors.
Nonetheless, the previous week experienced heightened selling pressure amid broader market uncertainties driven by geopolitical tensions and shifts in investor sentiment. This led to a brief dip in TRX prices to $0.257. Fortunately, the altcoin has since made a recovery and is presently trading around $0.27.
In a remarkable achievement, Tron has surpassed Cardano, securing its position as the ninth-largest cryptocurrency by market capitalization. As a result, Tron’s market cap has surged to nearly $26 billion, while Cardano’s market cap has dipped to $23 billion.
Tron Dominates Stablecoin Activity Across Latin America and Africa
Furthermore, the Tron network has experienced a notable increase in stablecoin activity, even surpassing Ethereum in stablecoin transaction volume. According to a recent report by Artemis, Tron has established itself as the most commonly used blockchain for settling customer flows by value, ahead of Ethereum, Polygon, and Binance Smart Chain.
In Latin America, Tron has taken the lead in stablecoin settlements, particularly in countries such as Colombia, Ecuador, and Brazil, where it accounts for a significant portion of transaction activity. Similarly, in the African markets, Tron and Ethereum share dominance, with Tron emerging as the leading network in six out of ten countries analyzed, including Egypt, Ethiopia, Ghana, Mauritius, Morocco, and Seychelles.
For more insights, read the post Tron (TRX) Sets New All-Time High in Monthly Transfer Volume, which first appeared on CryptoPotato.
