Tron (TRX) Secures Fourth Place in Crypto Payments Amid Litecoin’s Dominance on CoinGate

In a recent development highlighting the evolving landscape of cryptocurrency payments, Litecoin (LTC) has emerged as the second-most preferred digital asset for transactions on CoinGate, surpassing stablecoins like USDC and USDT. According to data from the Lithuanian payment processor, Litecoin accounted for 14.5% of all transactions in July 2025, while Tron (TRX) secured a respectable fourth place with 12.9% of the share. This achievement underscores Litecoin's enduring utility as 'digital silver' and Tron's growing adoption in the payment ecosystem, despite their relatively modest market cap rankings. The trend reflects a broader shift toward alternative cryptocurrencies for everyday transactions, with Bitcoin remaining the undisputed leader.

Litecoin Takes Second Place in Crypto Payments, Surpassing Stablecoins on CoinGate

Litecoin has surged to become the second-most preferred cryptocurrency for payments on CoinGate, trailing only Bitcoin. Data from the Lithuanian payment processor shows LTC claimed 14.5% of July transactions, outperforming both USDC (14%) and USDT (12.2%). TRON secured fourth place with 12.9%.

The 'digital silver' continues to punch above its weight in payment utility despite its modest market cap ranking. Litecoin's blockchain architecture delivers faster settlements and lower fees than many top-tier assets—a competitive edge that's driving merchant adoption. This marks a notable shift in stablecoin-dominated payment flows.

Bitcoin maintains its dominance with 22.9% share, reinforcing its dual role as both store of value and transactional medium. The rankings suggest growing diversification in crypto payment preferences beyond the usual suspects.

Tron Price Forecast: TRX Gains Momentum Amid Rising Open Interest and Network Growth

Tron (TRX) continues its upward trajectory, climbing nearly 1% on Tuesday as the cryptocurrency extends its recovery for a third consecutive day. The rally coincides with a surge in Open Interest, which jumped 6% to $522.10 million, signaling growing trader confidence in further price appreciation.

Network metrics reveal accelerating adoption, with Total Value Locked (TVL) rising 1.41% to $27.14 billion. The blockchain now boasts 323 million accounts—a record high—while weekly stablecoin transfers averaged $160 billion. These fundamentals suggest sustained demand for TRX's high-throughput ecosystem.

Derivatives markets mirror the optimism, as capital floods into TRX futures and options. The simultaneous growth in both spot and derivatives activity creates a bullish technical setup, with the mid-March support level now serving as a springboard for the current rally.

TRON Whale Activity and BTC Pair Fractal Suggest Potential Rally

TRON's largest wallets have entered aggressive accumulation mode, with inflows hitting 1.3 billion TRX on July 29—a 588% weekly surge. This exceeds even the 10.3 billion TRX inflow recorded before TRX's December 2024 all-time high. The current buying spree coincides with heightened retail interest surrounding Justin Sun's Blue Origin spaceflight.

The TRX/BTC pair now mirrors its pre-breakout ascending triangle pattern from late 2024. Trading NEAR 0.00000293 BTC, a decisive breakout could catalyze momentum across spot markets. Whale behavior suggests conviction beyond macro conditions, with accumulation metrics signaling long-term positioning rather than profit-taking.