The Tron network delivered a solid performance in 2025, marked by strong throughput, consistent activity, and continued growth across its ecosystem. The year underscored Tron’s scalability, competitive positioning, user retention, and overall economic usefulness.
A new report from CryptoQuant reviewed Tron’s progress over the past year, highlighting the effects of key changes such as lower transaction fees and the rising role of TRX as the network’s native asset.
Surge in Network Activity
CryptoQuant data shows Tron reaching new structural highs in network usage. Monthly transactions hit a record 323 million in December, up 39 percent compared to December 2024. Monthly active addresses peaked at 35.5 million and closed the year at 31.3 million, representing a 24 percent annual increase.
Transactions per active address climbed to a two year high of 10.5, up from 9.2 a year earlier. This pointed to stronger user engagement rather than growth driven only by new addresses.
In August 2025, Tron reduced its unit energy price by 60 percent, cutting average transaction fees by 65 percent to 0.53 dollars, the lowest level since September 2023. While this move lowered fee revenue from 399 million dollars before the cut to 183 million dollars in December, analysts described it as a deliberate shift toward higher usage and throughput.
Growth Across DeFi and Liquidity
Tron’s decentralized finance ecosystem expanded steadily. Platforms such as SunSwap and JustLend maintained billions of dollars in liquidity. SunSwap averaged 3.1 billion dollars in monthly wrapped TRX swap volume, while deposits on JustLend rose 56 percent year over year to 12.8 billion dollars.
Leading Role in USDT Transfers
TRX transfers measured in dollar value reached 85.2 billion dollars, a 44 percent increase from 2024, largely driven by price appreciation. TRX posted a record monthly average price of 0.34 dollars in September 2025.
In contrast, transfers measured in native TRX units fell 27 percent to 309 billion, as more tokens were locked in staking. Nearly 48 percent of the total TRX supply, or about 45.7 billion coins, is currently staked for governance and network security.
Tether’s USDT supply on Tron grew sharply, climbing 40 percent from 58 billion dollars in 2024 to 81 billion dollars in 2025. USDT bridging volume surged 215 percent year over year to 17.8 billion dollars. Tron has now become the leading network for USDT transactions, processing over 825 million transfers last year and finishing December with double Ethereum’s USDT transaction volume.
