TRON [TRX] has emerged as the dominant network for USDT transactions, overtaking USDC and TUSD in transaction volume. As of 2025, TRON hosts approximately $70 billion in USDT, cementing its position as a crucial player in cross-border remittances and emerging markets. Meanwhile, the stablecoin market for USDC and TUSD has contracted, with smaller holders struggling to maintain traction.
Whale Dominance Fuels TRON’s Stability
TRON’s dominance in the stablecoin market is largely driven by whale activity. The Global In/Out of Money chart reveals that 85.27% of TRX holders are in profit, with whales controlling a staggering 72.49 billion TRX. This concentration of holdings provides TRON with robust support during periods of market volatility, as whales maintain substantial positions to anchor the price. At press time, TRX was trading at $0.2560, up 2.47% in 24 hours.
Rising Investor Participation Signals Bullish Momentum
The Historical Concentration chart indicates that whale holdings increased by 0.49%, while investor participation climbed by 2.95%. This uptick in long-term positions suggests that TRON’s market is being driven more by institutional investors than retail traders. Open Interest also rose 16.60% to $273.44 million, signaling heightened speculation as traders anticipate significant price movements.
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Technical Indicators Point to a Potential Breakout
Overlaying technical analysis with market data, the Alligator Indicator shows a bullish crossover, with the green line (lips) moving above the red and blue lines. Additionally, the DMI indicator reveals strong buying pressure as the DI+ line rises. On the Binance TRX/USDT Liquidation Map, significant short liquidation pressure is evident near the $0.2580–$0.2590 range, potentially setting the stage for a short squeeze and further upward price movement.
If these trends persist, TRON could break key resistance levels, triggering a potential bullish breakout. However, market dynamics, particularly whale activity and liquidation pressures, will be crucial in determining the sustainability of this momentum.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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