Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year

The post Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year appeared on BitcoinEthereumNews.com. Altcoin Analysis Wrapped TRX (WTRX) trading on SunSwap has seen explosive growth, with monthly swap volume soaring from $621 million in May 2024 to $3.82 billion in May 2025. The data, shared by CryptoQuant, highlights a more than fivefold increase in just 12 months—underscoring a major expansion in Tron’s decentralized finance (DeFi) ecosystem. This rapid growth appears driven by rising adoption of Tron-based DeFi apps, increased USDT activity on the Tron network, and broader interest in the TRON token. According to the analysis, while TRON’s price appreciation accounts for roughly a twofold increase in volume, the remaining growth is attributed to increased user engagement and trading activity. The chart provided illustrates a consistent uptrend in WTRX swap volume throughout the past year, with major spikes beginning in late 2024 and accelerating into 2025. Volumes peaked above $4.1 billion before settling near $3.8 billion in the latest monthly data. The trend supports Tron’s ongoing efforts to expand its position in the DeFi space, leveraging low-cost transactions and stablecoin infrastructure to attract both retail and institutional users. With SunSwap as one of its flagship DEX platforms, the network is increasingly becoming a high-volume hub for token swaps. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Source: https://coindoo.com/market/wrapped-trx-trading-volume-on-sunswap-surges-over-5x-in-one-year/

Jun 17, 2025 - 21:00
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Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year

The post Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year appeared on BitcoinEthereumNews.com.

Altcoin Analysis Wrapped TRX (WTRX) trading on SunSwap has seen explosive growth, with monthly swap volume soaring from $621 million in May 2024 to $3.82 billion in May 2025. The data, shared by CryptoQuant, highlights a more than fivefold increase in just 12 months—underscoring a major expansion in Tron’s decentralized finance (DeFi) ecosystem. This rapid growth appears driven by rising adoption of Tron-based DeFi apps, increased USDT activity on the Tron network, and broader interest in the TRON token. According to the analysis, while TRON’s price appreciation accounts for roughly a twofold increase in volume, the remaining growth is attributed to increased user engagement and trading activity. The chart provided illustrates a consistent uptrend in WTRX swap volume throughout the past year, with major spikes beginning in late 2024 and accelerating into 2025. Volumes peaked above $4.1 billion before settling near $3.8 billion in the latest monthly data. The trend supports Tron’s ongoing efforts to expand its position in the DeFi space, leveraging low-cost transactions and stablecoin infrastructure to attract both retail and institutional users. With SunSwap as one of its flagship DEX platforms, the network is increasingly becoming a high-volume hub for token swaps. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Source: https://coindoo.com/market/wrapped-trx-trading-volume-on-sunswap-surges-over-5x-in-one-year/

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