TRON Holds Half of USDT Supply as Whalio Data Shows Mixed Buying Pressure
TRON (TRX)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that TRON now holds approximately 51.4% of the world’s USDT supply, valued at $94.2 billion as of late August 2026. This significant share suggests the network is becoming the primary chain for moving dollars on-chain due to its low costs and fast transaction speeds. The outlet notes that sending USDT on TRON costs less than a few cents and takes only a few seconds, compared to several dollars on Ethereum. The article examines what this dominance means for users beyond the raw numbers.
How the market reacted
Whalio's own Binance spot order flow for TRX, measured when this story was written up on 29 August 2026. Not the outlet's figures.
Whalio spot data shows TRX trading at $0.3413 with a 24-hour buy ratio of 55.6%, indicating that buyers dominated the day's volume. However, short-term pressure has shifted; the 1-hour buy ratio dropped to 50.1% and the 4-hour ratio fell further to 42.4%, suggesting buying momentum is fading in the immediate term. The 24-hour volume delta was positive at +$5,112,914, with a cumulative volume delta of +$945,464 at the close, showing net accumulation over the day. In contrast, the 4-hour volume delta was negative at -$395,282, indicating recent selling pressure outweighed buying in that shorter window. The 1-hour volume delta was slightly positive at +$1,016, but the declining buy ratios across shorter timeframes signal weakening buyer conviction.
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.
Twenty-four hours later
What TRX did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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, the 7-day average buy ratio was 51.3%, meaning the current 24-hour ratio of 55.6% is 4.3 points above the weekly average. This elevated buying interest coincided with a 24-hour spot volume of $45,612,160, which is 1.12 times the weekly average volume. Net buying occurred on 5 of the past 7 days, contributing to a total 8-day volume delta of +$12,104,110. Despite this increased activity and positive flow, the price change over the 8-day period was -0.6%, showing that the buying pressure has not yet translated into price appreciation. This represents an ordinary to slightly active trading day relative to the weekly baseline, characterized by higher volume but sustained selling pressure.