Tron Network Achieves Record 490.3 Billion TRX Monthly Transfer Volume: What It Means?

• TRX monthly transfer volume hits new all-time high.
• Volume surged 990% year-over-year from 45 billion TRX in May 2024.
• Tron overtakes Cardano to become ninth-largest cryptocurrency by market cap.

With 490.3 billion tokens transferred in May 2025, Tron’s native cryptocurrency TRX set a new monthly transfer volume record. The network’s growing popularity and usefulness within the bitcoin ecosystem are highlighted by this milestone.

At TRX’s current price of $0.247, the May volume is equivalent to almost $121.2 billion, per CryptoQuant statistics.This marks both a record in token count and dollar value terms for the Tron network.

The growth trajectory shows accelerating adoption, with May’s volume increasing 34% from April’s 362.92 billion TRX transferred. The year-over-year comparison reveals even more dramatic expansion, as May 2025’s volume grew 990% compared to May 2024’s 45 billion TRX transfers.

Stablecoin dominance drives Tron network usage

The main reason for Tron’s record transfer volume is that it is the top blockchain for stablecoin transactions, especially those involving Tether (USDT). Since the middle of 2022, the network has continuously handled more USDT daily transactions than Ethereum, solidifying its position as the go-to platform for stablecoin transfers.

Tron’s dominance in stablecoin transaction volumes in Latin America, Africa, North America, Europe, and Asia was reaffirmed by a recent Artemis report. According to the survey, Ethereum, Polygon, and Binance Smart Chain are the next most popular blockchains for settling client flows by value, after Tron.

This stablecoin dominance has translated into broader recognition of Tron’s utility for payments worldwide. The network’s low fees and fast transaction speeds make it attractive for users seeking efficient value transfer, particularly in regions where traditional banking infrastructure may be limited.

Strong market performance has accompanied Tron’s operational success. With a market valuation of $25.6 billion, TRX has surpassed Cardano to earn the ninth-largest spot among cryptocurrencies, whereas Cardano’s was $24.1 billion.

Technical analyst Lennaert Snyder has identified bullish patterns suggesting further upside potential for TRX. His analysis points to an ascending triangle pattern on the monthly chart, a formation that typically precedes breakouts.

With a solid increase since 2020, Snyder says “Smart money is flowing to where it belongs” and predicts that if TRX breaks out of this pattern, it might approach $1. The $1 target would require approximately 270% appreciation from current levels.