With record USDT transaction forecast, layer-1 network Tron (TRX) has taken the cryptocurrency industry by surprise. The Tron blockchain has seen the minting of an astounding $1 billion worth of USDT, according to a report by Arkham Intelligence on X.
Zero fees: Tron’s game-changing advantage
https://x.com/ArkhamIntel/status/1825858140518133902
The amazing number has a caveat, though: there were no expenses associated with it. Users on the network favour TRX because of its amazing feature. The blockchain’s lower USDT transaction rate has drawn a lot of consumers in contrast to other blockchains like Cardano, Solana, Ethereum, and XRP.
Moreover, Tron competes other blockchains in large stablecoin liquidity. The network is still among the easiest to use and most convenient, particularly for USDT transactions.
According to financial specialists, minting USDT worth a whopping $1 billion on a different blockchain would have had significant financial ramifications that caused the transfer originator to change their mind.
This has shown to be a useful advantage Tron has over its competitors over time.
Surging popularity on meme coin market
Recent research, however, shows that the Tron Network has significantly improved the meme coin market as traders gain by trading tokens tied to TRX.
Data that is now available shows that some traders made 100 times more money selling Tron meme coins, which is an exceptional accomplishment in the niche. Industry insiders claim that these kinds of accomplishments were last documented in the early years of Pepe and Shiba Inu.
Furthermore, Tron’s luck just got better as it moved past Cardano to enter the top 10 in the cryptocurrency market rankings. In a previous U.Today article, it was reported that TRX, which has a market valuation of $11.98 billion, defeated Cardano to secure a place in the top 10.
