TRON founder Justin Sun celebrated a major milestone on April 22, announcing that USDT issuance on the TRON blockchain has exceeded $70 billion.
Sun hailed this achievement as a testament to user trust and community effort, writing on X(Twitter) that it marks “the heavyweight of user trust and community responsibility.”
TRON Bags Half of USDT’s Market Cap
The global market cap of USDT is at $145.3 billion and TRON’s USDT has captured half of it already.
It is followed by Ethereum at $62.525 billion and Binance Smart Chain (BSC) at $5.182 billion, respectively, as per the data of DefiLama.
The surge in USDT supply underscores TRON’s role in the stablecoin market. As more traders and platforms mint USDT on TRON, the network sees higher transaction volumes and deeper liquidity. This growth also reflects confidence in TRON’s ability to handle large-scale stablecoin operations without hiccups.
TRX’s Price Actions
Meanwhile, TRON’s native token, TRX, traded at $0.2466, down 0.62% over the past 24 hours. Its global market cap stood at $23.39 billion, while trading volume spiked 33.57% in the same period.
Despite the slight dip, TRX has climbed $0.2559 over the last week, reaching a yearly high and drawing renewed attention to the network.
Rivalry with Cardano
TRX is locked in a tight contest with Cardano (ADA) for ninth place on CoinMarketCap’s rankings. Both tokens have seen fresh momentum: ADA has bullish forecasts aiming as high as $7, and TRX’s recent performance shows strong weekly gains.
This rivalry highlights growing competition among blockchain platforms vying for market share and developer interest.
Also Read: TRON Founder Exposes FDT’s “Seven Sins”, Allegations Of Misconduct, Fraud, & Regulatory Breaches
Strong Q1 Performance
On April 16, Justin Sun also praised TRON’s performance in the first quarter of 2025. Citing a Messari report, he noted that TRON’s market capitalisation grew 3.5% quarter-over-quarter, rising to $22.7 billion.
The network’s ecosystem expanded, with more decentralised applications and increased user activity driving these gains.
Community and Trust
Sun’s emphasis on community responsibility points to TRON’s decentralised ethos. By encouraging open participation in governance and development, the TRON Foundation aims to sustain growth and innovate new features.
The stablecoin milestone and token performance both reflect this collaborative spirit among developers, validators, and users.
With USDT issuance on TRON breaking the $70 billion barrier, the network has solidified its position in the stablecoin arena. At the same time, TRX’s ongoing tussle with ADA for a top-10 spot and its strong quarter-one metrics show the platform’s resilience.
As both TRON and Cardano push forward with upgrades and partnerships, the broader crypto market watches to see which ecosystem will capture a larger slice of the next wave of on-chain activity.
Also Read: Justin Sun Shares Optimism as Tron Secures Spot on Grayscale List, TRX ETF Asset In View?