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TRON network sees $1 billion stablecoin surge amid BlockDAG presale launch
The TRON network has seen a significant surge in stablecoin liquidity, adding $1 billion to its stablecoin market cap over a single week. According to data from Token Terminal, this growth outpaced all other blockchain networks, with the next closest being BNB Chain at $85 million. TRON remains a dominant execution layer for USDT, which accounts for 49.35% of the deployed stablecoins on the network.
In the broader cryptocurrency market, BlockDAG has launched the first stage of its 25-phase presale. The project aims to combine Proof-of-Work mechanics with a Directed Acyclic Graph structure, targeting a transaction speed of 7,000 per second. The presale is currently priced at $0.002 per token, with a planned market launch target of $0.10.
Entities
BlockDAG · TRON · Token Terminal · USDT