According to Token Terminal, this is how the increase in stablecoin market capitalization by chain over the past 90 days looks.

TRON +$4.8B
・HyperEVM +$689M
・Robinhood Chain +$689M
・Arc +$644M

TRON’s growth outpaces the combined total of the other 9 out of the top 10 (about +$2.59B).

This is not growth in the TRX price, but primarily an increase in the supply of dollar-pegged assets such as USDT.

These figures indicate that use as a payment rail continues, supported by the low cost of transfers.

Source: https://x.com/tokenterminal/status/2100940473779314818

This graph shows increases in market capitalization, not a balances ranking. Even though Ethereum, Solana, and BNB Chain have large balances, they don’t make the top 10 in the last 90 days’ “growth.”

Positions 2–4 are newer chains—HyperEVM (Hyperliquid-related), Robinhood Chain, and Arc (Circle-related L1). Since their starting figures were smaller, even inflows of several hundred million dollars can make the growth rate look high.

What this suggests is that TRON, a major chain comparable to Ethereum, Solana, and BNB Chain, is seeing growth that far exceeds that of up-and-coming chains.

Isn’t that pretty shocking?

@Justin Sun孙宇晨 #TronDAO
#TRONGlobalFriends #TGF #TRON