Tether USDT Issuance Peaks on Ethereum and TRON

Tether is ramping up its minting operations to meet rising demand for stablecoins. According to data from Spot On Chain, the company minted $2 billion USDT on Ethereum and $1 billion USDT on TRON in just the past three days. Moreover, the USDT supply on TRON has reached $71.71 billion, making it the leading network by supply. Additionally, Tether has minted a total of $12 billion USDT on TRON in 2025 so far, indicating rapid adoption of stablecoins. 

Spot On Chain stated on Monday: 

“The total supply of USDT on TRON has now reached $71.71 billion, making it the largest supply among all chains.” 

Crypto Crimes Surge on Ethereum and TRON 

Bitrace’s crypto crime report clearly shows that illegal activities are intensifying on the Ethereum and TRON networks. For instance, high-risk addresses collected $649 billion in 2024, marking a slight increase compared to 2023. The report also highlights that stablecoins (ERC20_USDT, TRC20_USDT, ERC20_USDC, TRC20_USDC) are frequently used in illicit transactions. As a result, Ethereum and TRON have become key hubs for criminal activity. 

Ethereum Price Consolidates at $1,800 

Ethereum is trading around the $1,800 level. Bulls are trying to break the $1,860 resistance created by the 50-day EMA. The RSI indicator stands at 55.38, placing it in the neutral zone. Bulls still maintain control. A breakout above $1,860 could drive momentum toward the $2,000 resistance level. Otherwise, the price may remain within a descending channel. 

TRON Faces Downside Risks 

TRON is under pressure as its RSI indicator falls below the 50 level. Growing downside risks are pushing investors to adopt a cautious stance. Despite increased stablecoin demand, TRON’s technical indicators are weakening. If TRON loses support at the 50-day EMA, bulls will look for support near $0.23 at the 100-day EMA. However, if losses accelerate, prices may test critical support around $0.22, where the 200-day EMA intersects. These levels will be crucial in determining TRON’s direction. 

How Is Tether’s Issuance Activity Impacting the Market? 

Tether’s USDT minting increases market liquidity and trading volume. However, reports of illegal activity raise concerns. High-risk addresses on Ethereum and TRON are attracting attention from regulatory agencies. As a result, investors are closely analyzing how these developments may impact prices. 

What’s Happening on Ethereum and TRON? 

In conclusion, Tether’s aggressive USDT minting highlights strong stablecoin demand. The Bitrace report underscores rising illicit activity on Ethereum and TRON. While Ethereum tests the $1,860 resistance level, TRON continues to struggle with growing downside risks. 

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The post Tether has Printed 3 Billion USDT on Ethereum and TRON! appeared first on Coin Engineer.

Currently, the price is consolidating around the $0.226 level, which is highly crucial for the continuation of the bullish trend. If TRX manages to close above $0.226, a move towards the $0.23 zone is highly probable in the short term. This level is significant for determining the next market direction.

Next Target After $0.23: $0.238!

If TRX successfully breaks the $0.23 resistance, the next target would be the $0.238 zone. There is a key FVG (Fair Value Gap) located in this area, and it could act as a strong resistance level.

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However, if buying pressure continues, breaking above $0.238 could lead to further bullish movements, pushing the price to even higher levels.

Pullback Scenario: Where Is the First Support?

On the flip side, if the price gets rejected from its current zone, the FVG area formed during the recent rally will act as the first line of support. If this support level is broken, TRX could experience a pullback towards the $0.218 – $0.216 range.

These levels might offer new buying opportunities for investors. However, if these supports fail, the market structure may weaken, and the downtrend could deepen.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post TRX Breaks Key Resistance! What’s the Next Target? appeared first on Coin Engineer.