Tron’s USDT Volume Surpasses Ethereum Amid Growing Whale Activity and Institutional DeFi Interest

• Tron (TRX) has surpassed Ethereum in USDT transaction volume, driven by significant whale activity and over one million daily retail transactions.

• SRM Entertainment’s strategic staking of TRX on JustLend highlights growing institutional confidence in Tron’s DeFi ecosystem.

• According to COINOTAG, the jUSDT market cap has surged to $186.58 million, fueled by yield farming interest and speculation around a potential IPO.

Tron leads USDT transaction volume over Ethereum, boosted by whale trades and retail activity; SRM Entertainment’s TRX staking and jUSDT growth signal robust DeFi expansion.

Tron Outpaces Ethereum in USDT Volume, Cementing Its Blockchain Leadership

Tron’s recent performance in USDT transactions marks a significant milestone in the competitive blockchain landscape. On June 29, 2025, Tron recorded an impressive $6.949 billion in USDT transfers, eclipsing Ethereum’s $1.312 billion by more than fivefold, according to CryptoQuant data. This sustained trend, evident since 2021, underscores Tron’s growing dominance as a preferred network for stablecoin transactions.

Key to this success is Tron’s low-cost, high-speed infrastructure, which appeals to both retail users and institutional whales. The network processes over one million daily transactions under $1,000, demonstrating widespread retail adoption. Simultaneously, large-scale transfers exceeding $100,000 drive the majority of total volume, reflecting strong institutional engagement.

Analyst Carmelo_Alemán highlights Asia’s pivotal role in this dynamic: “Tron is now the leading network for USDT adoption and volume across Asian markets, driven by its low-cost infrastructure for large transfers. This regional dynamic enhances its global relevance.”

Retail and Whale Activity Drive TRX Market Cap Growth

Tron’s dual appeal to retail traders and whales has propelled its native token, TRX, into the top ten cryptocurrencies by market capitalization, surpassing Dogecoin to claim eighth place. CryptoQuant’s breakdown of transaction sizes reveals that while small transactions dominate in number, the bulk of USDT volume on Tron originates from large transfers, underscoring the network’s versatility.

As analyst Darkfost notes, “This contrast highlights TRON’s dual role as both a popular platform for everyday users and a preferred network for large-scale institutional actors.” This balanced ecosystem fosters robust demand for TRX and supports its sustained market growth.

SRM Entertainment’s Strategic TRX Staking Signals Institutional DeFi Confidence

Institutional participation in Tron’s decentralized finance (DeFi) sector is gaining momentum, exemplified by SRM Entertainment’s recent $100 million TRON investment strategy. The company, known for its legacy in toy manufacturing for major entertainment brands, has staked over 365 million TRX tokens on JustLend, Tron’s native lending platform.

This strategic move aims to optimize yield farming returns, with SRM targeting annual yields of up to 10%. The involvement of a Nasdaq-listed company like SRM underscores growing institutional trust in Tron’s DeFi infrastructure and its potential for sustainable growth.

JustLend’s latest metrics reveal a jUSDT market cap of $186.58 million as of June 30, 2025, with total borrowing at $120.83 million. The platform offers competitive interest rates, including a 4.04% Borrow APY and a 2.49% Supply APY, attracting both lenders and borrowers to the ecosystem.

Renewed Investor Interest and IPO Speculation Fuel jUSDT Growth

Analyst joaowedson points to significant capital inflows and adoption spikes in mid-2024 and early 2025, correlating with TRX price volatility and increased yield farming activity. These patterns indicate a resurgence of investor confidence in Tron’s lending protocols.

Further fueling market optimism are rumors of a potential TRX IPO and connections to high-profile figures, including Eric Trump’s family, which some analysts believe could help TRX break through the $0.3 resistance level. While speculative, these developments highlight the growing mainstream interest in Tron’s ecosystem.

Conclusion

Tron’s ascendancy in USDT transaction volume, bolstered by both retail and whale activity, positions it as a formidable competitor to Ethereum. Institutional engagement, exemplified by SRM Entertainment’s substantial TRX staking, reinforces the network’s DeFi credentials. Meanwhile, the expanding jUSDT market cap and lending activity signal robust investor interest and ecosystem vitality. Collectively, these factors suggest that Tron is well-positioned for continued growth in the evolving crypto landscape.