- The USDT supply on TRON has surpassed $80 billion, representing more than 50% of circulating USDT.
- TRX is currently trading around $0.27 but could rise to $0.44 in the short term amid bullish momentum.
- ETFs, partnerships and network growth are likely catalysts for TRON’s price.
TRON (TRX) saw its price slip on the day, but the project made headlines for another reason: the supply of Tether’s USDT on the TRON blockchain has exceeded $80 billion.
The native Tron token traded at about $0.27 on Friday, June 27, with CoinMarketCap showing a decline under 1% for the day. Intraday highs for the altcoin reached roughly $0.29, and TRON remains among the top 10 cryptocurrencies by market capitalization.
The key question is: what does this USDT milestone mean for TRON’s price?
USDT supply on TRON tops $80 billion
As the crypto market records gains and stablecoin adoption expands, Glassnode shared data revealing a sharp rise in the supply of Tether (USDT) on the TRON network.
Specifically, Tether’s US dollar token surpassed the $80 billion mark on TRON in mid-2025.
$USDT supply on #TRON has surpassed $80B, now representing over 50% of all circulating #USDT. This solidifies TRON’s position as the dominant stablecoin settlement layer.
Track stablecoin flows with Glassnode: https://t.co/Lk7vkD8US6 pic.twitter.com/S6dfTYFhgz— glassnode (@glassnode) June 27, 2025
This marks a significant jump from previous years, with the TRON-based USDT supply steadily rising from negligible amounts in 2020 to more than $60 billion in 2024, and then accelerating sharply in 2025. Glassnode’s chart shows a steep upward trajectory, highlighting TRON’s growing role in facilitating stablecoin transactions.
Total USDT in circulation is approximately $157.4 billion. With over half of circulating USDT now on TRON, the network’s dominance as a preferred settlement layer for stablecoins is reinforced, surpassing competitors such as Ethereum in that use case.
Network efficiency and low transaction costs have likely driven this adoption, while institutional flows and remittance use cases have further increased demand.
In May 2025, TRON recorded a record $684 billion in transfers, and $283 million in transfers this year emphasize the rapid user adoption of the network.
TRON price outlook
TRX is currently priced around $0.27 with a 24-hour trading volume near $407 million, showing resilience after recent price fluctuations.
Although the token briefly retreated from a high of $0.29, bulls have defended a key support level around $0.20 since the start of the year.
The increase in USDT supply on TRON is a bullish indicator because it drives network activity and attracts more users to TRON’s ecosystem, including DeFi and payment applications.
Several catalysts could push TRX higher. The potential launch of TRON-based exchange-traded funds (ETFs) could draw institutional capital, mirroring trends seen with Bitcoin and Ethereum. Strategic partnerships—such as collaborations with major financial institutions or deeper integration with Tether—could also be material for TRX’s growth.
Recently, reports indicated TRON is exploring a public listing via a reverse merger. The proposed deal with Nasdaq-listed SRM Entertainment would turn TRON into a treasury company.
In the short term, TRX could test resistance near $0.30. A sustained breakout above $0.30 could open the path for bulls to target December 2024 highs above $0.44, the token’s all-time peak. Over the long term, proponents expect TRON to attempt a rally toward $1, contingent on continued network growth, adoption and favorable macro conditions.