TRON Achieves 99.7% Block Production Amidst $1B USDT Minting
TRON's native token, TRX, has seen minimal movement recently, with a 0.2% decline over the past week and currently trading at approximately $0.2451, which is a 1.8% drop in the last 24 hours.
Key points:
- TRON's network fundamentals indicate stability despite low price activity.
- CryptoQuant reports that TRON consistently produces 99.7% of its expected daily blocks, showcasing strong reliability.
- This performance is an improvement from the volatility experienced between 2020 and 2021, attributed to the Super Representative system and enhanced delegated proof-of-stake mechanism.
- 30 different Super Representatives have contributed in 2025, with 24 responsible for over 3.7% of total block production.
- Approximately 68% of active Super Representatives from 2020 are no longer producing blocks, indicating a dynamic governance structure.
$1B in USDT Minted as Network Sees Increased Institutional Demand
On May 5, 2025, Tether Treasury minted $1 billion worth of USDT on the TRON blockchain, reflecting large-scale stablecoin issuance amid rising institutional interest.
Additional details:
- Mints are backed by verified fiat deposits, primarily from large investment funds or OTC trading desks.
- TRON is favored for its cost-effective and fast transaction capabilities, ideal for large USDT transfers, cross-border remittances, high-frequency trading, and arbitrage.
- TRON-based USDT is particularly popular in Asia due to limited access to traditional financial services.