TRON, a prominent player in the blockchain arena, recently celebrated a significant milestone with a ceremonial visit to the Nasdaq MarketSite in Times Square. This event, where Tron Founder and Global Advisor Justin Sun rang the opening bell, signaled a new chapter for the blockchain firm and coincided with the release of its robust Q2 2025 earnings report. The report showcased remarkable growth across crucial metrics and reinforced TRON’s position in the evolving digital asset landscape.

TRON Key Metrics Overview | Source: Messari
The Q2 report highlighted TRON’s market capitalization surging by 17% quarter-over-quarter (QoQ) to an impressive $26.500.000.000. Even more striking was the 20,5% QoQ jump in revenue, reaching $915.900.000. Both figures represent multi-quarter highs, indicating a strong performance that is likely to attract further institutional interest and adoption, especially at a time when the broader crypto market faces fluctuating sentiments. As the blockchain sector matures, TRON’s blend of aggressive expansion and solid fundamentals appears to position the company favorably in the eyes of both individual and institutional investors.
A key takeaway from the Q2 report is the deflationary trend in TRON’s native token, TRX. The circulating supply of TRX decreased from 95.000.000.000 to 94.800.000.000 tokens. This reduction, leading to an annualized inflation rate of approximately -1,8%, suggests that more TRX tokens are being removed from circulation than created. This mechanism aims to enhance the token’s value by making it scarcer, offering a compelling proposition amidst wider market uncertainties.
Beyond financial metrics, TRON’s network showed healthy organic growth in user activity. Daily average transactions climbed 12,6% QoQ, from 7.700.000 to 8.600.000, demonstrating increased utility and engagement on the network. Similarly, daily active addresses saw a 5,9% QoQ rise, moving from 2.400.000 to 2.500.000, indicating a steadily growing user base interacting with the TRON ecosystem.
TRON’s undeniable strength lies in its stablecoin activity, particularly with Tether (USDT). The network’s stablecoin market cap soared 22,2% QoQ, reaching an all-time high of $80.900.000.000. Notably, USDT accounts for a commanding 99,2% of this supply on TRON, with its market cap hitting $80.300.000.000 by the end of Q2. This exceptional dominance positions TRON as the leading blockchain for USDT transactions and holdings, hosting over 50,6% of all USDT in circulation globally. This underscores TRON’s efficiency, low fees, and reliability as a preferred network for large-scale value transfers in the stablecoin sector.
In the wake of its robust Q2 performance, TRX has shown remarkable resilience in the market. Currently trading at $0,3163, up 0,48% on the day, TRX has stabilized after a slight dip from its recent local high near $0,34. The price remains above its 50-day ($0,3084), 100-day ($0,2935), and 200-day ($0,2840) moving averages. Trading above these key indicators generally signifies strong underlying buying interest and a sustained uptrend in the medium to long term, suggesting that buyers are actively defending short-term support zones. While a push above the $0,32–$0,325 resistance zone could lead to a retest of the $0,34 high, a failure to hold above the 50-day moving average might see it test the psychological $0,30 support level. For now, the current market sentiment for TRX remains cautiously optimistic.