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Tron Extends Stablecoin Lead With Record USDT Flows as TRX Tests Key Support

Extreme greed readings point to elevated pullback risk.

Overview

  • Analyst data show TRC‑20 USDT transfers from centralized exchanges hit record levels, including roughly $13 billion moved on August 22.
  • Exchange activity is highly concentrated, with Binance handling over 65% of TRC‑20 USDT flows, HTX about 18%, and Bybit around 5%.
  • TRX trades near $0.35 and has been defended around the 200‑day moving average near $0.342, with a key pivot near $0.32 and resistance around $0.36–$0.40.
  • TRON Inc. recently staked an additional 312 million TRX, bringing total locked to about 677 million, reducing tradable supply on the network.
  • On‑chain analysts highlight that over 90% of TRON’s transactions are tied to USDT, with more than 383 million USDT transfers recorded and regulatory clarity cited as a tailwind.