In the first half of 2025, the crypto industry demonstrated significant growth and diversity. HTX Research's report highlights the successes of TRON and HTX, which have become notable players in the market.
TRON's Dominance in Stablecoins
TRON has firmly established its leadership in stablecoin payments. By mid-2025, TRON facilitated over $80 billion in circulating USDT, accounting for more than half of the global supply. Daily transaction volumes exceeded $21 billion. Low fees, high transaction speeds, and integration with leading exchanges created a strong network effect. TRON is also working on integrating the Digital Asset Treasury (DAT) model into its ecosystem.
HTX's Growth in New Token Trading
Against the background of TRON's success, HTX has reinforced its positions through significant growth in new token trading. By mid-August 2025, the cumulative trading volume of newly listed tokens on HTX reached $38 billion, ranking the exchange second among major exchanges. The presence of liquidity and rapid listings of trending assets made HTX a preferred platform for new token launches.
TRON and HTX Dynamics in the Crypto Industry
The synergy between TRON and HTX showed a powerful effect in 2025. TRON continues to expand its dominance in stablecoin settlements and develop its DeFi ecosystem. Meanwhile, HTX is actively attracting attention in new token markets. Both players are becoming central figures in stablecoin and exchange ecosystems.
The first half of 2025 emphasizes that successful projects with strong fundamentals and regulatory clarity are well positioned for growth and resilience in the face of volatility in the crypto market.