TRON's Q3 protocol revenue hit a new high of $1.2 billion; three major institutions analyze the ecosystem's growth momentum.

Recently, according to reports from well-known overseas media outlets such as CryptoSlate, CryptoBriefing, and Business Insider, three major blockchain research institutions—Messari, Presto Research, and RWA.io—have successively released authoritative research reports, jointly pointing out that the TRON network continues to grow and its global influence is expanding. The reports unanimously agree that TRON has established a dominant position in the stablecoin infrastructure field, and its role as a global settlement layer for the digital dollar is constantly strengthening. At the same time, through measures such as the establishment of the T3 Financial Crime Control Unit (T3 FCU), TRON has also made continuous progress in blockchain security. It is reported that since its establishment, the T3 FCU has frozen over $250 million in illicit assets. These research conclusions further confirm that TRON is gradually growing into a core infrastructure for global digital finance.

All three reports unanimously indicate that while TRON's ecosystem is experiencing rapid growth and its dominant position in global stablecoin settlement is strengthening, it is also committed to building a more secure and compliant blockchain system. With continuous technological iteration and the expansion of its ecosystem boundaries, TRON is further solidifying its position as a core infrastructure in the global digital finance sector.

Messari

In its "TRON Q3 2025 Review," Messari noted that TRON achieved strong growth across multiple dimensions, including revenue, user activity, and ecosystem performance, demonstrating that its network is operating well and its scale is continuously expanding.

Messari Report Highlights:

Network revenue growth: In Q3 2025, TRON network revenue reached $1.2 billion (a 30.5% increase quarter-over-quarter), setting a new record.

The DeFi ecosystem is booming: JustLend DAO, the protocol with the highest total value locked (TVL) in the TRON ecosystem, performed exceptionally well, with its TVL rising from $3.4 billion to $5 billion, a quarter-on-quarter increase of 46.1%.

Perp DEX Heats Up: SunPerp, launched at the end of Q3, has already surpassed $1.6 billion in total trading volume. The platform employs a hybrid model of off-chain execution and on-chain settlement, balancing transaction speed and fund security, and enabling zero-gas-fee transactions and millisecond-level order matching.

Presto Research

Presto Research's report, "TRON: Reshaping the Global Settlement Layer," provides an in-depth analysis of the TRON network's growing dominance in stablecoin infrastructure and its widespread adoption in emerging markets.

Key points of the Presto Research report:

TRON leads the stablecoin trading market: Daily trading volume of USDT on the TRON network has surpassed $24 billion, with an average of 9.19 million transactions per day and over 334 million trading accounts. Furthermore, the monthly average stablecoin transfer amount processed by the TRON network exceeds $600 billion. These figures demonstrate that TRON has become the preferred global settlement layer for stablecoins.

Rapid adoption in emerging markets: The TRON network handles over 75% of global USDT transactions, with 2.92 million daily active users, 68% of whom use mobile wallets for transactions. In Latin America, Africa, and Southeast Asia, TRON has become a veritable digital payment gateway.

Leading Stablecoin Public Chains: Among the 50 countries surveyed in the report, TRON ranked first among stablecoin public chains in 35 countries, including India (1st), Pakistan (3rd), Vietnam (4th), Brazil (5th), Nigeria (6th), and Indonesia (7th).

RWA.io

The RWA.io 2025 Security Report systematically studies the security challenges faced in the Real-World Asset (RWA) process and summarizes the major achievements of T3 FCU.

RWA.io Report Highlights:

Significant progress by T3 FCU: T3 FCU, jointly established by TRON, Tether, and TRM Labs, announced that it has successfully frozen over $250 million in illicit assets in less than a year.