Summary: Key Highlights
- TRX hits record monthly transfer volume: 490.3 billion TRX in May 2025.
- Year-over-year surge: 990% increase from 45 billion TRX in May 2024.
- TRX’s value transferred: ~$121.2 billion in May alone.
- Stablecoin dominance: Tron leads USDT transactions over Ethereum.
- Market cap milestone: TRX overtakes Cardano, now 9th-largest cryptocurrency.
- Technical outlook: Bullish breakout expected; analyst predicts TRX could reach $1.
- Expert insight: Technical analyst Lennaert Snyder says, “Smart money is flowing to where it belongs.”
TRX Transfer Volume Hits All-Time High in May 2025
Tron (TRX) has achieved a new milestone by recording 490.3 billion tokens transferred in May 2025, marking the highest monthly transfer volume in its history. This represents a 34% increase from April and a staggering 990% year-over-year growth compared to May 2024’s 45 billion TRX transfers.
At the current TRX price of $0.247, this volume translates to an estimated $121.2 billion, according to CryptoQuant. This not only sets a record in terms of tokens but also in USD value transferred across the Tron network.
Stablecoins Fuel Tron’s Transaction Boom
The key factor driving this explosive growth is Tron’s dominance in stablecoin transactions, particularly Tether (USDT). Since mid-2022, Tron has consistently outperformed Ethereum in USDT transfers. Its low fees and fast speeds make it a go-to network for stablecoin usage, especially in regions with limited banking infrastructure.
According to a recent Artemis report, Tron leads in stablecoin volume across Latin America, Africa, North America, Europe, and Asia, with Ethereum, Polygon, and BSC trailing behind.

Source: CryptoQuant
Why Tron Is Gaining Global Adoption
Tron’s efficiency is positioning it as a preferred payment network globally, especially in developing economies. Its growing relevance in the Bitcoin ecosystem further enhances its utility.
With affordable transaction fees, near-instant settlement, and scalability, TRX is becoming a reliable alternative to traditional remittance systems.
TRX Surpasses Cardano in Market Capitalization
The network’s performance has not only been technical but financial. As of May 2025:
This leap pushes Tron into the 9th spot among all cryptocurrencies by market capitalization.
Bullish Outlook: $1 TRX on the Horizon?
Technical analyst Lennaert Snyder has spotted a promising ascending triangle pattern on TRX’s monthly chart — a formation that often signals a bullish breakout.
“Smart money is flowing to where it belongs,” says Snyder, predicting that TRX could reach $1, representing a 270% surge from current levels.
This projection, if realized, could further reinforce TRX’s position as a powerhouse in the crypto world.
Final Thoughts
Tron’s record-breaking transfer volume, growing stablecoin dominance, and market cap growth reflect a rapidly accelerating adoption curve. With strong technical indicators and increasing global usage, TRX is positioned as a major player in the crypto and DeFi ecosystem.
If current trends continue, Tron might not just hold its position—it could lead the next wave of blockchain utility adoption.