1 · USDT on Tron
QuietUSDT on Tron grew 21% in 365 days, to 93.0B.
Data
| Date | Tron | Ethereum |
|---|---|---|
| Jul 31 2026 | 89.5 B USDT | 75.1 B USDT |
| Aug 31 2026 | 91.9 B USDT | 73.5 B USDT |
| Sep 30 2026 | 92.5 B USDT | 73.5 B USDT |
| Oct 18 2026 | 93 B USDT | 73.3 B USDT |
No single dated event in the next 90 days.
Every block mints new TRX. Fees burn most of it.
TRX runs TRON: 94.99B coins circulate, all of them unlocked. New TRX pays block producers and voters, and every fee paid is destroyed.
Sell pressure. Block rewards are the only new supply: 352.4M TRX in 90 days, 136 per block. Nothing vests, and no team reserve is left to unlock.
Buy pressure. The fee burn destroyed 226.95M TRX, about 64% of the new coins, and it is slowly shrinking.
Net. Net, supply grows about 0.13% in 90 days, and about the same next.
Every block mints 136 new TRX: 8 for the block producer and 128 shared by the top 127 vote-getters and their voters. The chain made 2,591,074 blocks in these 90 days, so 352.4M new TRX, about 3.92M a day. The reward was last cut in June 2025, and no vote is open to change it.
TRX has no vesting left. The 2017 sale and team coins were released years ago, and circulating supply is within 0.001% of total supply.
The old Foundation fund accounts are all but empty (about 283 TRX in total) and have not moved since 2020. Tron Inc., a listed company, holds about 716.8M TRX it bought in the market. All of it is already counted as circulating, so a sale would move coins between holders and add no new supply.
No bankruptcy estate, trustee or long lock is releasing TRX. Staked TRX can be withdrawn 14 days after unstaking and already counts as circulating.
The protocol does not buy TRX back. Fees are destroyed instead, and that is counted as the fee burn below.
Every fee paid in TRX (for network use, smart contracts, new accounts, memos) is destroyed. Supply at both ends of the window, with the new coins taken out, shows 226.95M TRX destroyed, about 2.52M a day, and a random sample of blocks read from the chain agrees. The burn is slowing (84.2M, then 72.4M, then 70.3M a month) with no fee change behind it, so the forward figure keeps the 90-day rate.
No project treasury buys TRX. Tron Inc. buys about 150,000 TRX every day (about $50,000) under a 360-day plan that started Jan 22 2026, but it buys coins already in the market, so the float does not shrink.
About 45.39B TRX is staked for network resources and votes (45.78B at the start of the window), and a staked TRX fund began trading in September. Staked TRX still counts as circulating, so staking takes nothing out of the float.
Two sides: how much people want TRX right now, and how much buying could come later.
This part is based on social media. It shows how hot TRX is right now. A better rank means more people are talking about it.
Today, people are talking about TRX for two reasons:
On Oct 14 2026, the Nasdaq-listed Tron Inc. filed to sell up to $200 million of new shares over time, with Clear Street as its agent. It said the money will mainly go to buying more TRX; it already held about $234 million of TRX and staked TRX on Jun 30 2026. People ask how fast the company will buy, and how much of the market it can take.
TRON DAO's report on Oct 12 2026 said the network settled $2.21 trillion of stablecoins in Q3 2026. USDT and USDD on TRON grew 5.5% to $93.88 billion, while network fees fell 4% to $701.4 million. People ask why fees went down while use went up.
Checked Oct 17 2026
By the law of supply and demand, TRON's long-run signal is mixed (Oct 17 2026, score 6/10). New supply: +0.13% in the next 90 days. Demand: modest (2.5/5). TRON's price drivers: 2 ▲ price up, 0 ▼ price down.
No. TRX is TRON's own coin, while USDT is a dollar stablecoin that runs on TRON. The two are still linked: USDT on Tron grew 20% in 365 days, to 93.3B, and that busy traffic is probably the main reason people keep needing TRX. By supply and demand, TRON's long-run signal is mixed today.
Far from it, by our numbers. USDT on Tron grew 20% in 365 days to 93.3B, and TRON is worth about $31.4B in total (Oct 11 2026). Demand looks moderate at 3/5, and only +0.13% new supply arrives in the next 90 days. For TRON, the supply-and-demand signal is mixed right now.
At $10, TRON would be worth about $950B in total — about 30 times its $31.4B market cap today (Oct 17 2026, about 33.1 cents a coin). TRON's supply also grows +0.54% in the next year, so every extra coin needs buyers too. By supply and demand, TRON's long-run signal is mixed today.
TRON's signal is mixed for now. TRON's signal would turn if new supply jumps (today +0.13% in 90 days), or demand falls from modest.
TRON sits at 6/10 today (Oct 17 2026): supply 3.5/5, demand 2.5/5. One more year adds +0.54% to TRON's supply. Long-run signal: mixed.
By the law of supply and demand, the better time to buy TRON is when its new supply is low, demand is high and its price drivers point up. TRON today: +0.13% new supply in 90 days (steady), demand modest (2.5/5), drivers 2 ▲ / 0 ▼.
Right now 2 things drive TRON's price (2 ▲, 0 ▼). ▲ USDT on Tron: USDT on Tron grew 21% in 365 days, to 93.0B. ▲ Justin Sun: Legal cloud gone since Mar 5 2026; nothing new in 30 days.
Side by side on Oct 17 2026: TRON at 6/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, TRON is the weaker of the two.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. TRX supply grows +0.13% in the next 90 days, so it shows in red: more TRX reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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