Despite a decline in USDT supply in late 2024, TRON retained a stronghold over Ethereum in user adoption. More than 83% of USDT users preferred TRON’s TRC-20 version, generating 60% of daily transfers. While Ethereum remains dominant in average transaction size ($233K per user), TRON’s lower fees and accessibility have made it a favorite for both small-scale and professional transactions.
In the first week of 2025, TRON produced $43.74 million in fees, surpassing Ethereum's $30.63 million, reflecting its robust activity.
TRON’s appeal extends beyond trading. Its TRC-20 USDT is widely used for e-commerce, P2P marketplaces, and high-value transfers. It leads in transactions ranging from $1,000 to $100,000, indicating significant whale and professional activity.
While Ethereum holds $79.6 billion in USDT supply, TRON caters to the Asian market's growing demand for affordable and efficient transfers. Its DeFi sector, though smaller, hosts $7.66 billion in total value locked, primarily through JustLEND.
The enforcement of EU MiCA regulations and scrutiny over potential financial crimes have added pressure to TRON’s operations. However, with $2.1 billion in TRC-20 USDT reserves ready for deployment, TRON remains well-positioned for growth in 2025.