TRON had a strong rally in mid-September, climbing from $0.302 lows to $0.352 highs (about 16.5% gain) before consolidating around current levels of $0.336. The surge was driven by several key fundamentals:
Revenue Leadership
TRON is generating $8.7M in weekly fees, leading all blockchains including Ethereum ($7.1M). This massive fee generation comes from processing 2.36M daily USDT transfers worth $22.55B in volume.
Major Partnerships
PayPal USD launched on TRON through LayerZero integration
Partnerships with Mercuryo and Revolut boosting real-world utility
Integration with The Graph for enhanced developer access
Ecosystem Growth
DApp volume spiked to $4B+ over 7 days
Network reached 334.59M accounts
SUN token listed on Upbit (major Korean exchange) on September 22
Market Position
TRON hosts approximately 90% of total stablecoin supply alongside Ethereum, making it a critical infrastructure play in the stablecoin economy.
The recent price action reflects these fundamental improvements, though TRON faces persistent centralization concerns with Justin Sun controlling 63-64% of TRX supply according to Bloomberg. Currently trading at $0.336, TRX is consolidating after its mid-September rally while maintaining its dominant position in stablecoin infrastructure.
