TRON network activity surged in Q4 2025 with 934.52 million transactions and 17.73 million average monthly active users, according to data. However, revenue fell sharply to $655.57 million due to a nearly 60% reduction in smart contract execution fees enacted by community vote. The network maintained a dominant stablecoin supply of $78.76 billion, led by USDT.
The TRON network recorded strong growth in usage during the fourth quarter of 2025. Transaction volume reached 934.52 million, a more than 32% increase from the prior year.
This surge followed the enactment of Proposal 104, which significantly reduced network fees. Average monthly active users also rose by 21.34% quarter-over-quarter to 17.73 million.
Concurrently, network revenue declined by 37.96% to $655.57 million. This was a direct result of the strategic fee reduction aimed at boosting adoption.
The average stablecoin supply on the network remained robust at $78.76 billion. USDT continues to dominate this segment, reinforcing TRON‘s role as a major settlement layer.
In a regulatory development, the ADGM in Abu Dhabi recognized USDT on TRON as an accepted fiat-referenced token. This allows licensed financial institutions to offer regulated services involving the asset.
Furthermore, the fintech firm Revolut added TRX staking and stablecoin remittance for its European users. The network’s fully diluted valuation averaged $28.02 billion for the quarter.
Despite high usage, the quarter concluded with a net loss of $38.58 million. This was the network’s first quarterly loss in a year.
