The TRON network recorded a significant $1.6 billion net increase in stablecoin supply over a recent month, while Ethereum saw the largest decline, indicating a major liquidity rotation. This shift was driven by the network’s low fees and fast confirmations, which have solidified its role as a settlement layer for stablecoin transfers, particularly USDT.
The TRON blockchain absorbed liquidity while other networks struggled to hold it in recent weeks. The platform remained heavily used for stablecoin transfers, with its activity concentrating on utility over speculation.
Artemis data shows TRON recorded a $1.6 billion net stablecoin supply increase over the past month. In the same period, Ethereum saw the largest supply decline, establishing a visible liquidity rotation.
Stablecoins’ market cap on the network reached $86 billion. USDT dominance stood at 98.32%, with over $84.6 billion circulating, and bridged TVL hit $90.4 billion.
Transactions hit 10.01 million in 24 hours, while active addresses climbed to 2.89 million. Low-fee rails appeared to drive these inflows.
Concurrently, Tron Inc continued expanding its TRX treasury holdings in a transparent and consistent manner. On-chain records showed the treasury crossed 684 million TRX in total holdings.
Therefore, it signaled confidence in ecosystem value. This institutional-style accumulation supported the broader liquidity growth observed on the chain.
The price of TRX recovered after a dip in early February, forming higher highs and lows. A MACD bullish crossover was noted on the 2nd of March, with RSI avoiding overbought conditions.
The immediate price hurdle remains at $0.2960. A decisive break above that level could reinforce upward continuation for the asset.
