Tron (TRX) Eyes Ethereum’s Stablecoin Dominance as Market Expands
Ethereum has reinforced its supremacy in the stablecoin market, witnessing an $84.9 billion growth in stablecoin supply over the past year—surpassing all competing blockchains combined. The stablecoin sector is nearing record capitalization, with Tether (USDT) and USD Coin (USDC) dominating over 85% of the market. A key catalyst was the $9.4 billion August surge in USDC adoption for DeFi, alongside Binance's strategic moves. As the stablecoin ecosystem flourishes, Tron (TRX) could leverage this momentum to enhance its own stablecoin offerings and challenge Ethereum's dominance. The growing demand for stable assets highlights the critical role of blockchain platforms in facilitating secure and scalable digital finance, setting the stage for intensified competition in 2025.
Ethereum’s Stablecoin Dominance Surges with $84.9B Growth in 12 Months
Ethereum has solidified its position as the leading blockchain for stablecoin issuance, adding $84.9 billion in stablecoin supply over the past year—outpacing all other networks combined. The broader stablecoin market has swelled to near-record capitalization, with Tether (USDT) and USD Coin (USDC) commanding over 85% of the sector.
Key drivers include a $9.4 billion August surge in USDC adoption for DeFi, Binance’s campaign funneling $1 billion of USDT onto Ethereum, and Ethena Finance’s USDe growth through multi-protocol strategies. Binance’s liquidity migration from TRON (TRX) further cemented Ethereum’s dominance, while platforms like Plasma and MiniPay boosted retail transaction volume.
The ecosystem’s evolution from payments rail to financial infrastructure underscores its deepening liquidity and institutional utility. Market participants now treat ethereum not just as a settlement layer, but as the backbone for next-generation monetary systems.
Is Tron (TRX) Set to Outperform Its October Gains in November 2025?
Tron (TRX) shows signs of consolidation, trading flat at $0.297 in November after a volatile October. The token's support NEAR $0.295 suggests weakening selling pressure, while a bullish MACD crossover hints at potential upward momentum.
Technical indicators paint a cautiously optimistic picture. The RSI sits near neutral, and a break above the $0.301 resistance could propel TRX toward $0.31-$0.32 by month-end. With $28.07 billion in market capitalization, TRON remains one of blockchain's most established networks.
Market watchers note the stark contrast between November's price stability and October's 5.6% decline. The coming weeks will test whether TRX can capitalize on its technical setup and outperform last month's results.
CME Group and FanDuel Launch Prediction Markets App with Crypto and Sports Contracts
CME Group and FanDuel are set to launch FanDuel Predicts, a U.S. prediction markets app, in December. The platform will allow users to trade event-based contracts, including those tied to sports, commodities, and cryptocurrencies, even in states where online sports gambling is restricted.
The partnership leverages FanDuel's extensive user base and CME's derivatives expertise to expand the reach of prediction markets. Terry Duffy, CME Group's CEO, highlighted the potential to attract new participants with contracts based on benchmarks, economic markers, and sports.
This MOVE underscores the growing intersection of finance, technology, and entertainment, as prediction markets gain traction in the U.S.
