Tron Adds $5B Stablecoin Cap as Total Market Hits $300.9B
cryptocurrency.com.tr reports that the stablecoin market reached $300.9 billion at the close of Q3 2026, based on data from the RWA Foundation and Token Terminal. The period saw a significant shift across chains, with Ethereum losing $4.9 billion in stablecoin market cap. Conversely, Tron added $5.0 billion, marking a 5.6% increase that brought its total to $93.9 billion.
How the market reacted
Whalio's own Binance spot order flow for TRX, measured when this story was written up on 2 October 2026. Not the outlet's figures.
TRX is currently trading at $0.3348 with a 1-hour buy ratio of 21.3%, which is significantly lower than the 41.7% recorded over the past 4 hours. This sharp drop in short-term buying pressure is accompanied by a negative Volume Delta of -$294,656 in the last hour, indicating that sell volume is currently outweighing buy volume. Over the past 24 hours, the buy ratio has settled at 41.6% with a cumulative Volume Delta of -$5,923,896, showing that despite a balanced hourly ratio, the net flow remains heavily skewed toward selling. The CVD for the 24-hour close is -$769,522, confirming that net buying pressure has faded over the day, with net buying occurring in only 11 of the 24 hours.
The latest daily buy ratio of 49.7% sits at the 33rd percentile of the last 322 days, against a median of 52.4% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TRX, averaged over the days leading up to the story.
Over the preceding week, TRX experienced a 1.6% price decline and saw net buying on only 4 of the 7 days. The 7-day average buy ratio was 50.2%, meaning the current 24-hour ratio of 41.6% is 8.6 points below the weekly average, signaling a distinct shift toward selling. While the 24-hour spot volume of $35,090,235 is 1.35 times the weekly average, the total Volume Delta for the 8-day period was -$11,323. This indicates that despite higher-than-average trading activity, the coin has seen more selling than buying over the longer timeframe, making this a day of reduced buying intensity compared to the weekly norm.