Weekly Data Report — October 5–11, 2026
This is the data edition for October 5–11, 2026. Every figure carries an as-of date and a source, and values from outside the window are marked as background rather than presented as current.
Two disciplines run through this week's tables. First, window discipline: the stablecoin series ends October 7 and the price series is a Monday-to-Sunday week, so the two sets of percentage moves describe different spans and are labelled as such. Second, source discipline on the energy market: the newest low quotes come from a comparison site while the venue's own order book prints higher, and this report shows both rather than averaging them into one number.
1. Stablecoin Market Cap (by Token)
| Token | Latest | 7-day change | Note |
|---|---|---|---|
| USDT | ~$184.296B | +$482.5M (+0.26%) | gain landed on Ethereum +$299.8M, Solana +$189.0M and TRON +$169.8M |
| USDC | ~$74.210B | −$368.0M (−0.49%) | an Ethereum story: −$393.3M there while Solana, Base and Polygon added |
| DAI | ~$4.788B | −$11.7M (−0.24%) | smallest mover of the three |
| Big-3 total | $263.294B | +$102.8M (+0.04%) | flat headline over $850.5M of USDT-versus-USDC movement; 30-day base +$415.4M |
The float's flat week is the least interesting number in the table and the most important one. USDT and USDC moved $850.5M against each other while the total held still — a reallocation, not an expansion — and the 30-day base of +$415.4M is now almost entirely a USDT story (+$942.3M) offset by USDC (−$498.8M). The final day added $18.8M to the total, $144.8M of it USDT against a $114.0M USDC decline.
2. USDT Supply by Chain
| Chain | USDT balance | 7-day change | Note |
|---|---|---|---|
| TRON | ~$92.63B (derived) | +$169.8M | second consecutive weekly gain; derived from the ~$92.46B published in the previous issue plus this week's change |
| Ethereum | n/a | +$299.8M | largest single-chain USDT gain of the week |
| Solana | n/a | +$189.0M | second consecutive weekly gain |
| Avalanche, Plasma, Arbitrum | n/a | −$174.5M combined | the three named chains that gave back supply |
| Other chains (residual) | n/a | −$1.6M implied | residual of the global +$482.5M against the named chains |
TRON's balance is marked derived because the source reports the change without an absolute chain level; adding it to the previously published base is arithmetic, not a new reading. The distribution is the point: USDT's gain landed almost entirely on Ethereum, Solana and TRON, while Avalanche, Plasma and Arbitrum gave supply back over the same week — a rotation between chains rather than a uniform expansion across the float.
3. USDC Supply by Chain
| Chain | USDC 7-day change | Note |
|---|---|---|
| Ethereum | −$393.3M | carries more than the asset's entire global decline |
| Solana | +$29.1M | small rise after last week's restated-base decline |
| Base | +$31.7M | largest named-chain USDC gain of the week |
| Polygon | +$31.0M | second consecutive weekly gain |
| Other chains (residual) | −$66.5M implied | residual of the global −$368.0M against the four named chains |
USDC's week was one chain's week. Ethereum lost $393.3M while every other named chain gained, so the aggregate decline of $368.0M understates how narrow the move was — and it lines up with the asset-level drawdown of the same week, since Ethereum-denominated collateral is the first thing sold when risk is cut.
4. Total Market and Cross-Series Readings
| Source / cut | Reading | As of | Note |
|---|---|---|---|
| DeFiLlama via NeoDrop (Big-3) | $263.294B | Oct 7 | +0.04% week; the series used for all week-over-week arithmetic in this report |
| Circle per-chain API (USDC) | $74.109B | Oct 7, 13:05 UTC | within 0.14% of DeFiLlama's USDC figure — a same-asset cross-check |
| CoinMetrics circulating supply | USDC $65.004B (vs $66.514B Sep 27); USDT ~$189.14B | Oct 6 | corroborates direction, not levels: runs above DeFiLlama and uses a nine-day window |
| Stablecoin Beat market-cap flow | +$2.9B over 30 days | Oct 7 | aggregate net inflow across the 20 largest coins; 7 of 14 coins above $500M expanded in 30 days |
Two independent series agreeing on direction is stronger evidence than one series agreeing with itself, and that is what the USDC row shows: Circle's own API and DeFiLlama land within 0.14% of each other on the same day, while CoinMetrics' higher levels confirm the decline without matching it. The 30-day market-capitalisation flow turning positive (+$2.9B net) against a flat week is the same message as the token table — the float is churning, not draining.
5. TRON Network & Activity
| Metric | Value | As of | Note |
|---|---|---|---|
| Total accounts | >407M | Oct 5 | TRONSCAN; cumulative, background rather than growth |
| Total transactions | >15.7B | Oct 5 | TRONSCAN; cumulative |
| Daily active accounts (30-day avg) | 4.41M | Oct 5 | TRON DAO |
| Allbridge Core TRON route | 80,000+ transfers / $1.65B | Oct 5 | bridge volume, not fresh capital |
| GasFree transfer volume (September) | $14.87B+ | Sep 30 | per JustLend DAO, October 6; 479,000+ users; SUN.io reports more than 862,000 transactions |
| JustLend DAO TVL / supply / borrowed | $7.40B / $4.11B / $208.67M | Oct 6 | daily rewards 46,301 USDD |
| USDT share of CoinsBee payments | TRC-20 = 44.6% of USDT payments, 64.5% of USDT turnover | 90 days to Sep 1 | higher average ticket on TRON than on competing networks; 16.23% of all CoinsBee payments year-to-date, up from 9.92% in 2025 |
| Cumulative USDT transfer volume | >$30T | Sep 23–24 | background — lifetime gross figure |
| Sub-$1,000 USDT transfer share on TRON | 52% | Q2 2026 | background — the payment-oriented segment of the flow |
The monthly GasFree figure resolves a period-label ambiguity this series has been carrying for two weeks: $14.87B for September against a weekly run-rate previously reported near $3.5B is internally consistent arithmetic, so the earlier 'seven-day versus September' conflict was a labelling problem rather than a data problem. The CoinsBee share is the most payment-relevant row — a 44.6% share of USDT payments combined with a 64.5% share of USDT turnover says TRON carries both the frequency and the size of that merchant's USDT flow.
6. TRON Energy Market
| Quote | Unit price | 65k energy cost | USD equiv. (TRX $0.3304) |
|---|---|---|---|
| Cheapest 1h rental (TronRental) | 17 SUN | 1.11 TRX | ~$0.37 |
| TronRental (18 SUN tier) | 18 SUN | 1.17 TRX | ~$0.39 |
| TronBid (1h, comparison table) | 19–21 SUN | 1.24–1.37 TRX | ~$0.41–0.45 |
| CatFee transacted 1h orders | 19 SUN | 1.235 TRX | ~$0.41 |
| TronBid order book, lowest sell offer | 25 SUN | 1.63 TRX | ~$0.54 |
| TronBid 24h volume-weighted average | 29.182 SUN | 1.90 TRX | ~$0.63 |
| Itrx.io / TronMax / Tronzap (1h) | 35–38 SUN | 2.28–2.47 TRX | ~$0.75–0.82 |
| JustLend DAO (1h, single transfer) | ~62 SUN | 4.004 TRX | ~$1.32 |
| Network burn price | 100 SUN | 6.50 TRX | ~$2.15 |
| Burn, new-holder recipient (131k) | 100 SUN | 13.10 TRX | ~$4.33 |
The 23 SUN floor that held for three weeks did not survive this week. Comparison-site quotes put the cheapest one-hour single-transfer price at 17–19 SUN, and CatFee's own transaction log shows dated orders of 65,000 energy at 19 SUN (1.235 TRX) on October 6 — a settled price rather than a listed one. The countervailing evidence is the venue's own book: TronBid's snapshot of October 10 showed a lowest sell offer of 25 SUN and a 24-hour volume-weighted average of 29.182 SUN, and TronRelic's tracked single-transfer quotes ran from 1.80 TRX (about 28 SUN) to 3.21 TRX. The honest read is a two-tier market — a low single-provider tier at 17–19 SUN and a working book at 25–29 SUN — and this report states both rather than averaging them. TronScan.energy's published USD column still implies a TRX price near $0.10 and is not used; every USD cell here is recomputed at the October 11 close of $0.3304.
7. Per-Chain USDT Transfer Cost
| Chain | Typical cost per USDT transfer | Note |
|---|---|---|
| TRON (rented energy, cheapest 1h) | ~$0.37–0.41 | 17–19 SUN quotes, including transacted orders |
| TRON (rented energy, P2P book) | ~$0.54–0.63 | 25 SUN lowest sell offer to 29.182 SUN volume-weighted average |
| TRON (rented energy, typical mid-market) | ~$0.75–0.82 | 35–38 SUN 1h quotes |
| TRON (burning TRX, 65k) | ~$2.15 | existing-holder recipient |
| TRON (burning TRX, 131k) | ~$4.33 | new-holder recipient; ~2x |
| Ethereum (ERC-20) | $0.02–$0.8 (measured) | Sep 2026 medians; volatile — older guides cite $1–$10+ |
| Solana | <$0.10 | low-cost rail |
| BNB Chain (BEP-20) | <$0.10 | cheap EVM rail |
The cross-chain comparison keeps the shape established two weeks ago — TRON's rented path overlaps Ethereum's measured medians at the mid-market and competes on price stability, acceptance and tooling rather than on the absolute floor — but the internal TRON spread widened this week. The cheapest settled quote and the working order book now differ by roughly 30%, which is precisely why operators should price against the tenor they actually need rather than against a headline floor.
8. Issuer Controls, Treasury and Flows
| Event / flow | Value | As of | Note |
|---|---|---|---|
| THORChain TRON vault freeze | ~$1.4–1.45M | Oct 10 | four vaults blacklisted by Tether, reversed after roughly three hours; 19 other addresses in the same batch stayed restricted |
| Conduit Technology lawsuit | ~$2.76M frozen | filed Oct 5 | claims USDT frozen since September 2025; unadjudicated |
| TRON wallets blacklisted | 15 wallets, ~$3.31M | September 2026 | background — concentrated series with no public attribution at the time |
| Tron Inc. treasury purchases | +295,699 TRX | Oct 5 and Oct 7 | 147,910 TRX @ $0.3380 and 147,789 TRX @ $0.3383; treasury >717.6M TRX (company-reported) |
Issuer control is a payment-rail property, not a DeFi curiosity, and this week produced a clean demonstration: four vaults on a permissionless protocol were frozen and released inside three hours without a public reason, while nineteen other addresses from the same batch stayed blocked. The row that belongs next to it is the treasury line — Tron Inc.'s purchases are company disclosures, and an independent dashboard carries a materially lower balance for the same treasury, a gap this report flags rather than reconciles.
9. TRX Price, the TRXS ETF and Staking
| Metric | Value | As of | Note |
|---|---|---|---|
| TRX price | $0.3304 (close) | Oct 11 | −1.6% w/w; range $0.3300–0.3372 (Gate.io); OKX closes $0.3306 with the $0.3372 high on its October 5 session |
| TRX staked | 45.7B | Q2 end | background — latest published; Q3 report still outstanding |
| Tron Inc. treasury | >717.6M TRX | Oct 7 | company-reported; consecutive-day buying streak continues |
| TRXS ETF net assets | ~$50.2M | Oct 2 | background — versus $50.26M on September 16; shares outstanding flat at 2.03 million |
| Stake to cover one USDT transfer/day | ~65,000 TRX (~$21.5k) | reference | conservative reference; actual lock-up varies with network stake |
TRX fell 1.6% in a week when bitcoin fell 2.1% and the altcoin complex fell 6–8%, which makes the token the relative winner of a losing week — the same divergence this series flagged on the way up, now running the other way. The accumulation side remains price-insensitive and small: two more purchases, a flat share count on the ETF, and no newer net-asset figure than the October 2 print.
10. Anomalies & Watch Items
- Sentiment trackers disagree on both level and date: DeFiLlama via NeoDrop read 71 ('greed') at the October 7 cut, while October 11 readings came in at 56 and 61 across two trackers. Different dates and different panels, so both are shown and neither is averaged.
- Comparison-site versus venue book: the cheapest one-hour energy quote (17–19 SUN) sits roughly 30% below TronBid's own lowest sell offer (25 SUN) and its 24-hour volume-weighted average (29.182 SUN). A listing and a filled order are different instruments; both are reported.
- Window mismatch between series: the stablecoin data ends October 7, so its bitcoin and ether readings (−1.03% and −5.06%) differ from the Monday-to-Sunday weekly prints (−2.1% and −6.8%). Both are correct for their own windows and are never combined.
- Company-reported treasury: Tron Inc.'s 717.6M TRX is the company's own disclosure; an independent dashboard carries a materially lower balance for the same treasury, with no public explanation. Flagged, not reconciled.
- Derived values: TRON's USDT balance is last week's published base plus this week's change; residual rows are implied, not observed.
- Fee-table USD columns: live comparison sites still convert TRX at an implied price near $0.10; every USD cell in this report is recomputed from the SUN price at the October 11 close of $0.3304.
Sources & Methodology
This article is based on public data and official disclosures. Figures were last reviewed on October 12, 2026. Values change with network conditions; always verify against the primary source before making decisions.
- DeFiLlama stablecoin data via NeoDrop, seven days ending October 7, 2026 at 08:00 (UTC−05:00) (Big-3 $263.294B, USDT $184.296B, USDC $74.210B, DAI $4.788B, chain-level moves for both assets, 30-day and final-day figures, sentiment reading of 71).
- Circle per-chain API (USDC $74.109B at 13:05 UTC on October 7, 2026) and CoinMetrics circulating-supply series (USDC $65.004B on October 6 versus $66.514B on September 27; USDT ~$189.14B, moving less than 0.01% over nine days), as carried in the same NeoDrop report.
- Stablecoin Beat redemption-pressure series, October 7, 2026 (aggregate market-capitalisation flow +$2.9B over 30 days; coin-level 7/30/90-day changes for the 14 coins above $500M).
- TRONSCAN and TRON DAO posts of October 5, 2026 (407M accounts, 15.7B transactions, 4.41M daily active accounts, Allbridge Core 80,000 transfers and $1.65B), as recorded in TronRelic's digest of October 6, 2026.
- JustLend DAO and SUN.io posts of October 6, 2026 (GasFree September volume $14.87B+ with 479,000+ users and 862,000+ transactions; JustLend DAO TVL $7.40B, supply $4.11B, borrowed $208.67M, daily rewards 46,301 USDD), as recorded in TronRelic's digests of October 7, 2026.
- CoinsBee payment data for the 90 days ending September 1, 2026 (TRC-20 share of USDT payments 44.6% and of USDT turnover 64.5%; 16.23% year-to-date share of all CoinsBee payments versus 9.92% in 2025; 500,000+ customers across 180-plus countries), per CoinsBee's own announcement of September 21, 2026, distributed via GlobeNewswire.
- TronScan.energy live rental comparison table read October 10–12, 2026 (TronRental 17–18 SUN; TronBid, Itrx.io, TronMax, Tronzap quotes); CatFee transaction log of October 6, 2026 (65,000 energy at 19 SUN, 1.235 TRX, multiple settled orders); TronBid market statistics page updated October 10, 2026 at 02:09 UTC (lowest seller price 25 SUN, best buyer price 34 SUN, 24-hour volume-weighted average 29.182 SUN, 24-hour volume 22.78M energy); TronRelic resource-markets page read October 11–12, 2026 (tracked single-transfer quotes 1.80–3.21 TRX).
- TRON chain parameters (100 SUN per energy unit burn price); TRONSCAN fee data.
- Coverage of the THORChain TRON vault freeze of October 10, 2026: FinanceFeeds (four vaults, ~$1.45M, three-hour reversal, 19 addresses still listed, Conduit Technology lawsuit of October 5 over $2.76M, September's 15 TRON wallets totalling ~$3.31M); CryptoSlate via CoinArticle; APAC FINSTAB event record of October 10, 2026.
- Tron Inc. announcements of October 5 and October 7, 2026 (147,910 TRX at an average of $0.3380; 147,789 TRX at an average of $0.3383; treasury >717.6M TRX), as recorded in TronRelic's digests; third-party dashboard totals noted as a conflicting read.
- TRXS ETF data as of October 2, 2026 (~$50.23M net assets versus $50.26M on September 16; 2.03 million shares outstanding, unchanged since September 15), as reported by CoinDisc in October 2026.
- TRX daily open/high/low/close series, October 4–11, 2026 (Gate.io TRX_USDT daily candles, a complete seven-session series, cross-checked against OKX TRX-USDT daily candles and CoinMarketCap's historical table).
- Messari State of TRON Q2 2026 (staking) — background; Ethereum USDT-transfer fee benchmarks from CryptumPay 30-day measured medians published September 22, 2026 and CrystalTrade's live fee table read September 25, 2026 — background.
Disclaimer: This content is for informational purposes only and does not constitute financial, legal or investment advice. Crypto and stablecoin payments carry risks, including price volatility and regulatory change.