Tron news

Tron's stablecoin supply rose to about $91.8 billion in early August, adding roughly $2 billion in July, a 2.39% monthly increase. Nearly 97.9% of this supply is Tether's USDT, making Tron the largest chain for USDT circulation, a position held since 2021. Year-to-date stablecoin transfer volume on Tron reached up to $4.76 trillion, with daily transfers averaging $23.8 billion, driven by low fees and small retail-level payments. Despite growth, TRX's price has not matched network metrics, and Tron's heavy reliance on USDT could become a vulnerability if Tether's market dominance erodes amid competition from USDC and new stablecoin entrants.

TRON’s daily new account signups surged 42.87% to 230,862 on July 29, marking a one-month high, according to data shared by founder Justin Sun. The jump breaks a range of 150,000–200,000 new accounts seen throughout most of July, based on Tronscan figures. Analysts attribute the growth to rising stablecoin demand on TRON, particularly USDT, which has surpassed $90 billion in circulating supply on the network this year. The expansion has likely drawn new users to send or hold the stablecoin. Additionally, Nasdaq-listed Tron Inc. has increased its TRX holdings to over 707 million tokens, potentially attracting further attention. TRON is preparing a quantum-resistant upgrade later this year after a successful testnet launch. TRX traded near $0.33 on July 29, up 0.3% in 24 hours, with eyes on resistance at $0.365. Analysts await weekly data to confirm whether the surge represents a lasting trend.

TRON has listed its TRX token for spot trading and perpetual contracts on Backpack Exchange, a Dubai-registered platform founded by former FTX and Alameda Research employees. TRON DAO announced the listing on July 29, with TRX trading between $0.32 and $0.33 at the time. The move expands TRX's availability on a venue emphasizing regulatory compliance as Backpack continues its growth. Backpack Exchange, created by alumni of FTX, focuses on regulated operations and has been rolling out access in eligible jurisdictions. It launched its native BP token in March 2026 with a total supply of 1 billion, allocating 25% for an initial airdrop. TRON, founded by Justin Sun in 2017, has become a major blockchain network, processing billions in daily transfer volume, largely from stablecoin activity like USDT, positioning it as a key remittance rail.

Trust Wallet has integrated Tron support via WalletConnect, enabling its 210 million users to connect directly to Tron's decentralized applications. This integration facilitates TRC-20 token transfers, stablecoin swaps, and DeFi interactions without requiring additional downloads or development. The protocol now connects over 600 wallets and roughly 70,000 dApps, with dApps like Sun.io, JustLend, and Symbiosis Finance already benefiting. Since October 2025, Trust Wallet has processed over $20 million in transactions through this integration. Tron's stablecoin ecosystem processed approximately $7.9 trillion in USDT transfers in 2025, with daily stablecoin transfers exceeding $21 billion. The network boasts over 359 million user accounts, 12 billion total transactions, and a total value locked exceeding $25 billion. Investors will watch whether increased accessibility boosts demand for TRX, though governance risk remains due to founder Justin Sun's regulatory and legal entanglements. The $20 million in Trust Wallet transactions is a leading indicator to monitor for genuine demand.

Anchorage Digital has added native TRX staking for institutional clients, expanding Tron blockchain support as demand for regulated staking services grows. Clients can now stake TRX directly from its custody platform or Porto self-custody wallet without moving assets. The move follows institutional custody support for TRX earlier this year. Anchorage cited growing institutional interest in Tron, which processed $2 trillion in USDT transfers in Q1 2026 with 10.9 million daily transactions. The expansion is part of a broader trend of institutional crypto platforms adding staking beyond custody, including recent partnerships by Coinbase, Figment, Ripple, BitGo, and Bitmine.

The U.S. Treasury Department sanctioned 134 cryptocurrency wallets linked to ISIS-K, with 131 on Tron and three on Monero. According to Chainalysis, the Tron wallets received over $1.4 million since 2023, and Tether has frozen balances on all sanctioned addresses. The sanctions come amid a legal battle between Tron founder Justin Sun and the Trump family's World Liberty Financial, which countersued Sun for defamation. In a separate action, OFAC also sanctioned two Brazilians and four companies tied to the PCC criminal organization for laundering $30 million in drug proceeds.

Stablecoin issuer Tether froze all 131 TRON wallets added to the US Treasury's OFAC sanctions list on July 1, targeting the ISIS-Khorasan (ISIS-K) group. The sanction update also included three Monero addresses, according to Chainalysis. Chainalysis reported that the designated TRON wallets received over $1.4 million since 2023 and sent more than $880,000, with some funds moving to Syria-based crypto exchangers. ISIS-K has solicited crypto donations through its media arm al-Azaim Media Foundation. Tether's action aligns with broader industry efforts to block illicit funds, following its T3 Financial Crime Unit freezing over $450 million since September 2024.

Tron Inc. acquired 152,316 TRX at $0.3283 each, boosting its treasury to over 701.7 million tokens. The company aims to grow holdings for long-term shareholder value, while TRX network activity hits record highs with active addresses near 3.3 million. Technically, TRX is forming an ascending triangle on the weekly chart, with resistance at $0.37-$0.38. A breakout above $0.38 could target $0.45, implying 31-37% gains. The daily chart shows support near $0.31, and the corporate buying could fuel further upside.

Tron (TRX) is the worst weekly performer among the top 10 crypto assets, trading near $0.315 with a 1.5% weekly decline and 10% monthly drop. Despite the price dip, three bullish signals have emerged. Daily transactions on Tron hit a record 14.3 million, up 15% in 30 days. Stablecoin value on the network reached $90.96 billion, a record high. DEX volume rose 28% over the past month. Institutional accumulation continued with Tron Inc. buying 159,118 TRX, bringing its holdings above 700.3 million. Regulated market access expanded with TRX listing on CFTC-regulated Bitnomial and OKX Europe listing TRXUSD perpetuals.

Hamilton Lane's tokenized Senior Credit Opportunities Fund (HLSCOPE) has launched on the Tron blockchain, marking the first Securitize-issued asset on the network. The fund, which provides exposure to private credit through senior secured loans, was previously available on Ethereum, Polygon, Plume, and Optimism. It has about $4.28 million in assets under management and offers a 5.87% annual return. The move follows the SEC dropping its case against Tron and founder Justin Sun, reducing regulatory risk. Securitize CEO Carlos Domingo highlighted the milestone as expanding access to private markets. Tron's large user base of 383 million accounts is seen as a key advantage for the fund's distribution.