On April 15th, according to the TRON 2025 Q1 status report released by Messari, TRON's total revenue in Quarter 1 in 2025 reached 760 million US dollars, an increase of 2.7% month-on-month, setting a record high; the market value of USDT reached 65.70 billion US dollars, accounting for 99.3% of the TRON stablecoin market. TRON announced that it will soon launch the USDT gas-free transfer function, and promote smart wallet and a number of technology upgrades. Despite the decline of DeFi TVL to 4.70 billion US dollars, the TRON ecosystem remains active with JustLend and SUN.