Tron’s daily transaction volume has surged by a staggering 95%, sparking attention for the cryptocurrency and its influence on price. This growth follows a month-long increase in the network’s 30-day moving average of daily transactions, now standing at an impressive 8.4 million. This surge coincides with growing adoption within the Tron ecosystem as TRX surpasses Ethereum in USDT supply. Recent data highlights that over $71 billion worth of Tether (USDT) is circulating on the platform. Notably, TRON held a dominant position in USDT transfers, surpassing Ethereum’s holdings to reach $75.8 billion on May 20, further solidifying its position in stablecoin transactions. The momentum gained traction when Tether minted $2 billion worth of USDT on the Tron network on May 21st. Market observers attribute this growth to increased demand for low-fee and high-speed stablecoin transactions. 30% jump in TRX’s USDT supply since the beginning of the year has resulted in over 283 million transfers. Market participants believe this surge goes beyond technical aspects, as it signals a symbolic shift driven by TRON founder Justin Sun’s attendance at former U.S. President Donald Trump’s Gala Dinner on May 20th. This rise in network usage significantly impacts how institutional and retail traders position themselves within the market. The article dives into the latest TRX price movements, analyzing Open Interest on futures markets and funding rates, highlighting a balance between short-term gains and cautious sentiment.