According to Santiment, Tron (TRX) is driving significant market activity and social media attention on Friday due to its deflationary tokenomics, robust staking options through Tronscan and TronLink, and its increasing utility in stablecoin transactions. Traders are closely monitoring TRX as its on-chain activity rises, supported by heightened interest in its ecosystem features and stablecoin integration, which could impact short-term price momentum. Source: Santiment (@santimentfeed), June 20, 2025.

According to @themu_xyz on Twitter, Eric Nakagawa, representing Celo, highlighted at a recent event that Celo’s transition to an Ethereum Layer-2 is aimed at expanding real-world blockchain adoption and enhancing financial inclusion. With its focus on scalability, accessibility, and low transaction fees, Celo is positioning itself as a competitive Layer-2 solution for decentralized applications and stablecoin transfers, which could attract developers and users seeking efficient on-chain transactions. This move is likely to increase Celo’s network activity and liquidity, influencing trading volumes and market sentiment in the broader crypto market. Source: @themu_xyz, May 18, 2025.

According to Lookonchain, Tether has minted an impressive $11 billion USDT on the Tron blockchain since January 29, bringing the total USDT supply on Tron to over $70 billion. This significant increase suggests a growing preference for the Tron network among traders seeking efficient and cost-effective stablecoin transactions. The substantial USDT supply on Tron could impact trading strategies, particularly for those focusing on liquidity and transaction speed within the cryptocurrency markets.