New reports from Arkham, CoinDesk Data and Messari showed the TRON network continued to dominate global stablecoin activity during the fourth quarter of 2025.
Arkham’s analysis ranked TRON as the second-largest blockchain globally by stablecoin settlement.
The network hosted more than $80 billion in USDT supply and processed over $20 billion in daily transactions across roughly two million transfers.
TRON recorded compound annual growth rates of between 54% and 60% since 2021, with year-on-year transaction volume rising 45.9%.
Daily transactions increased 11.2% while active addresses climbed 9.8%, averaging more than one million users per day.
Network activity remained heavily concentrated in Asia, with annualised transaction volume nearing $341 billion.
CoinDesk reported TRON averaged 2.8 million daily active users in Q4, up from 2.6 million in the previous quarter.
The blockchain maintained a 78% share of peer-to-peer transfers and a 56% share of global retail-sized USDT payments under $1,000.
Intent-based transaction volume surged to $449 million, an 899% quarter-on-quarter increase.
Messari said TRON’s decentralised finance ecosystem remained led by JustLend, which held $3.9 billion in total value locked.
JustLend DAO completed $17 million in JST token buybacks and burns under a deflationary programme launched in October.
Messari highlighted ecosystem growth through integrations with payment platforms, prediction markets and cross-chain infrastructure.
Technical upgrades improved EVM compatibility and network performance through protocol and software enhancements.
At the time of reporting, TRON price was $0.2966.