A naukri.com initiative
Coindoo
4w
261
Image Credit: Coindoo
Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year
- Wrapped TRX (WTRX) trading on SunSwap has experienced significant growth, with monthly swap volume spiking from $621 million in May 2024 to $3.82 billion in May 2025.
- The data, sourced from CryptoQuant, reveals over a fivefold increase in trading volume within a year, showcasing the expanding Tron DeFi ecosystem.
- Factors contributing to this surge include the growing adoption of Tron-based DeFi applications, increased USDT activity on the Tron network, and heightened interest in the TRON token.
- Approximately half of the volume upsurge is attributed to TRON's price appreciation, while the rest is linked to enhanced user engagement and trading on the platform.
- A chart displays a consistent rise in WTRX swap volume over the past year, with significant spikes from late 2024 that continued into 2025, reaching above $4.1 billion before stabilizing at $3.8 billion.
- This uptrend reflects Tron's strategic drive to solidify its presence in the DeFi market by providing cost-effective transactions and stablecoin infrastructure to attract both individual and institutional investors.
- SunSwap, serving as a prominent DEX platform, plays a pivotal role in positioning the Tron network as a high-volume destination for token exchanges.
Read Full Article
15 Likes
For uninterrupted reading, download the app