As 2025 drew to a close, the Tron network delivered one of its strongest quarterly performances of the year. While broader crypto markets experienced heightened volatility, Tron’s on-chain data reflected sustained expansion in usage and transaction throughput.
Tron Records 994M Q4 Transactions, Up 16.5% QoQ
Blockchain tracker Lookonchain revealed in a recent X post that the Tron network processed 994 million transactions in Q4 2025. According to Lookonchain, the figure marked a 16.5% quarter-over-quarter increase compared to Q3, underscoring accelerating activity across the ecosystem.
The data also showed that daily transactions peaked on October 28, 2025, surging above 12.6 million, highlighting increased usage and network efficiency. The milestone positioned Tron among the most actively used blockchains during the year.
Tether Minting Activity Fuels Stablecoin Dominance on Tron Network
A major driver behind Tron’s sustained activity in 2025 was stablecoin issuance, particularly from Tether. Throughout the year, Tether used the Tron network to mint billions of USDT.
Lookonchain reported on December 8, 2025, that Tether minted $1 billion worth of USDT on Tron, noting that the stablecoin market capitalization on the network had crossed $81.2 billion at the time. Later, CoinRemark reported that another $1 billion worth of USDT was minted on December 31, 2025.
Tether and Circle Mint $2B in USDT and USDC as Bitcoin Eyes Rebound Above $90,000
According to DeFiLlama, the total stablecoin supply on Tron currently stands at $86.14 billion, with USDT commanding a dominant 98.31% share, underscoring Tron’s role as a leading settlement layer for stablecoin transactions.
DeFi, Liquidity, and Staking Strengthen Tron’s 2025 Expansion
Beyond stablecoins, CryptoQuant analysts also revealed that DeFi and liquidity layers played a significant role in Tron’s 2025 growth. According to the analysts, platforms such as JustLend and SunSwap recorded billions of dollars in liquidity throughout the year.
JustLend, the first official lending protocol on Tron, recorded a 56% year-over-year surge in deposits, bringing total deposits to $12.8 billion. Meanwhile, SunSwap, a Tron-based decentralized trading protocol, saw a monthly average of $3.1 billion in wrapped TRX trading volume. In addition, the network recorded a 215% surge in activity with $17.8 billion in USDT bridged onto Tron.
Staking activity also increased notably, with approximately 48% of the total TRX supply staked, signaling growing long-term network participation. Under the leadership of Justin Sun, Tron’s combination of high transaction throughput, deep stablecoin liquidity, expanding DeFi participation, and rising staking engagement solidified its operational strength as it moved into 2026.
Evans Kelvin
The CoinRemark Team
