Trx beat Doge in the cryptocurrency ranking
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The approval of the genius law in the United States may have favored this movement.
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After Ethereum, Tron is the network with the most money deposited in Stablecoins.
Tron (TRX) has climbed positions in the cryptocurrency market, surpassing Dogecoin (Doge) and consolidating in the 8th position of the global ranking.
With a price of $ 0.27 per unit, TRX reflects an increase of 31% from the $ 0.21 registered in early January 2025. Its market capitalization reaches $ 26 billion, leaving Doge behind, which with 25.5 billion dollars now occupies the ninth place.
The Tron Network, known for being the main vehicle for transactions with the stablecoin tether (USDT), has strengthened its position in the cryptocurrency sector.
At present, 31% of the stablecoins, equivalent to 79,000 million dollars, circulates in this network, only exceeded by Ethereum, which manages 50% of the market, about 125,000 million dollars. This volume reinforces the role of tron as a key infrastructure for stablecoins, especially USDT.
In addition, the recent approval of the Genius Law in the United States has promoted the rise of TRX. This regulation establishes a rigorous regulatory framework for stablecoins linked to the dollar, as cryptootics reported.
The legislation seeks to position the United States as a leader in digital innovation, at the same time guaranteeing global economic stability. This regulatory environment He has favored confidence in networks such as Tron, which facilitate the movement of the stablcoins.
