Tron, the blockchain platform spearheaded by Justin Sun, has reached a significant milestone by surpassing Visa in a crucial metric, signaling its robust standing in the cryptocurrency market. Recent on-chain data indicates a remarkable surge in the volume of Tether (USDT) traded on the Tron network, soaring by nearly 10% within the last 24 hours to an impressive $53 billion. This surge represents a notable increase from the previous day's trading volume of $43 billion.

Key metrics further underscore Tron's ascent: the number of USDT tokens transacted on the network has surpassed 45 million, accompanied by a surge in transfer counts exceeding 1.8 billion transactions. This surge positions Tron ahead of Visa, the world's largest financial services platform, in terms of daily transaction volume. According to LookOnChain, Visa processed approximately $3.78 billion in transactions during the first quarter, with a daily average around $42 billion.

Tron's growth trajectory extends beyond transaction volumes. The platform's total value locked (TVL) has soared to exceed $8.1 billion, solidifying its position as the third-largest chain behind Ethereum and Solana. Additionally, the ecosystem has witnessed a substantial increase in stablecoin holdings, now surpassing $58 billion, with Tether commanding the largest market share.

Financial success accompanies Tron's operational milestones, as data reveals earnings exceeding $730 million this year, positioning it as the second-most profitable entity in the industry after Ethereum, which has accrued over $1.6 billion during the same period. Tron's market capitalization has also experienced rapid growth, exceeding $10 billion, securing its place as the 13th-largest cryptocurrency globally.

This achievement underscores Tron's resilience and potential for continued expansion within the cryptocurrency market. As it surpasses established benchmarks and continues to innovate, Tron remains a formidable player poised for further growth and influence in the evolving blockchain landscape.