Skip to Content Facebook Feature Image

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum

Business

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum
Business

Business

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum

2025-09-04 16:04 Last Updated At:16:25

PANAMA CITY, Sept. 4, 2025 /PRNewswire/ -- HTX Research, the dedicated research division of HTX, has released its latest report "H1 2025 Key Industry Highlights". The report highlights that the first half of 2025 witnessed a flourishing, multi-point prosperity across the crypto industry. From Digital Asset Treasury (DAT) becoming a "standard" corporate strategy, to legacy Ethereum projects regaining growth momentum, and the rapid escalation of the stablecoin payment wars, the market is entering a phase marked by structural opportunities. Within this dynamic landscape, TRON has consolidated its leadership in stablecoin channels, while HTX has strengthened its competitive edge in new token trading, making them standout cases in H1 2025.

TRON: Keeping Dominance in Stablecoin Payments

Amid intensifying competition in stablecoin settlement networks, TRON has firmly established itself as the "king of payments." By mid-2025, TRON hosted over $80 billion in circulating USDT, accounting for more than half of the global supply, with daily transaction volumes exceeding $21 billion. Its low fees, high efficiency, and deep integration with leading exchanges have created an unshakable network effect across cross-border payments and emerging markets.

Beyond scale, TRON is also experimenting with integrating the DAT model into its ecosystem. By combining equity financing with on-chain staking yields, the TRX treasury is positioned to expand continuously. This approach not only enhances token value support but also enriches the financial logic underpinning stablecoin infrastructure.

HTX: Strengthening Competitiveness Through New Token Trading

In the exchange sector, HTX has reinforced its leadership through outstanding performance and growth in different segments, especially in the trading volume of new tokens. By mid-August, HTX's cumulative spot trading volume of newly listed tokens reached $38 billion, ranking second among major exchanges and capturing 22% of daily new-coin trading. With rapid listings of trending assets and strong liquidity depth, HTX has become a preferred platform for new token launches.

Meanwhile, HTX has steadily climbed in multiple authoritative global rankings, with liquidity and reserves expanding, further cementing its competitive standing in the market.

TRON–HTX Dual Momentum

TRON and HTX have demonstrated a powerful "chain–payment–exchange" synergy in 2025. TRON continues to expand its dominance in stablecoin settlement, reinforce its DeFi ecosystem, and pioneer the TRX DAT model for payments and lending. HTX, on the other hand, has boosted activity in new token markets, further accelerating its growth. This dual-engine dynamic has placed both TRON and HTX at the core of the stablecoin and exchange ecosystems.

Conclusion

Beyond the standout performances of TRON and HTX, the report also sheds light on other critical developments: DAT is becoming a standard strategy for companies, legacy projects in the Ethereum ecosystem are regaining vitality through compliance and technological upgrades, and perpetual DEX aggregators are emerging as one of the most promising new sectors. At the same time, the intensifying stablecoin payment wars underscore the principle that "channels are king."

On the macro front, expectations of a Federal Reserve policy shift, easing inflation, and potential rate cuts are fueling renewed inflows into risk assets. Capital is rotating away from Bitcoin dominance toward Ethereum and other sectors with strong yields and new narratives. Overall, the first half of 2025 emphasizes value and structural opportunities rather than broad market bubbles. Looking ahead, projects with solid fundamentals, regulatory clarity, and sustainable models are best positioned to capture growth and withstand volatility in the next stage of the market cycle.

About HTX Research

HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics. Visit us.

PANAMA CITY, Sept. 4, 2025 /PRNewswire/ -- HTX Research, the dedicated research division of HTX, has released its latest report "H1 2025 Key Industry Highlights". The report highlights that the first half of 2025 witnessed a flourishing, multi-point prosperity across the crypto industry. From Digital Asset Treasury (DAT) becoming a "standard" corporate strategy, to legacy Ethereum projects regaining growth momentum, and the rapid escalation of the stablecoin payment wars, the market is entering a phase marked by structural opportunities. Within this dynamic landscape, TRON has consolidated its leadership in stablecoin channels, while HTX has strengthened its competitive edge in new token trading, making them standout cases in H1 2025.

TRON: Keeping Dominance in Stablecoin Payments

Amid intensifying competition in stablecoin settlement networks, TRON has firmly established itself as the "king of payments." By mid-2025, TRON hosted over $80 billion in circulating USDT, accounting for more than half of the global supply, with daily transaction volumes exceeding $21 billion. Its low fees, high efficiency, and deep integration with leading exchanges have created an unshakable network effect across cross-border payments and emerging markets.

Beyond scale, TRON is also experimenting with integrating the DAT model into its ecosystem. By combining equity financing with on-chain staking yields, the TRX treasury is positioned to expand continuously. This approach not only enhances token value support but also enriches the financial logic underpinning stablecoin infrastructure.

HTX: Strengthening Competitiveness Through New Token Trading

In the exchange sector, HTX has reinforced its leadership through outstanding performance and growth in different segments, especially in the trading volume of new tokens. By mid-August, HTX's cumulative spot trading volume of newly listed tokens reached $38 billion, ranking second among major exchanges and capturing 22% of daily new-coin trading. With rapid listings of trending assets and strong liquidity depth, HTX has become a preferred platform for new token launches.

Meanwhile, HTX has steadily climbed in multiple authoritative global rankings, with liquidity and reserves expanding, further cementing its competitive standing in the market.

TRON–HTX Dual Momentum

TRON and HTX have demonstrated a powerful "chain–payment–exchange" synergy in 2025. TRON continues to expand its dominance in stablecoin settlement, reinforce its DeFi ecosystem, and pioneer the TRX DAT model for payments and lending. HTX, on the other hand, has boosted activity in new token markets, further accelerating its growth. This dual-engine dynamic has placed both TRON and HTX at the core of the stablecoin and exchange ecosystems.

Conclusion

Beyond the standout performances of TRON and HTX, the report also sheds light on other critical developments: DAT is becoming a standard strategy for companies, legacy projects in the Ethereum ecosystem are regaining vitality through compliance and technological upgrades, and perpetual DEX aggregators are emerging as one of the most promising new sectors. At the same time, the intensifying stablecoin payment wars underscore the principle that "channels are king."

On the macro front, expectations of a Federal Reserve policy shift, easing inflation, and potential rate cuts are fueling renewed inflows into risk assets. Capital is rotating away from Bitcoin dominance toward Ethereum and other sectors with strong yields and new narratives. Overall, the first half of 2025 emphasizes value and structural opportunities rather than broad market bubbles. Looking ahead, projects with solid fundamentals, regulatory clarity, and sustainable models are best positioned to capture growth and withstand volatility in the next stage of the market cycle.

About HTX Research

HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics. Visit us.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum

All On-site Profits Donated to Fund Tai Po Fire Recovery Efforts 

HONG KONG, Jan. 16, 2026 /PRNewswire/ -- Tam Jai International Co. Limited ("TJI") has concluded its debut as the official partner of Clockenflap 2025, uniting its three renowned rice noodle brands – TamJai Yunnan Mixian, TamJai SamGor Mixian and the international brand TamJai Mixian – for the first time. The collaboration brought the "Made in Hong Kong, Made to Move" spirit to the Central Harbourfront. In light of the recent tragedy in Tai Po, TJI remained guided by its genuine "Passion to Serve", pledging all on-site profits from the festival to the Tung Wah Group of Hospitals to fund recovery efforts and support for residents in need.

Throughout the weekend, the trio brands welcomed music fans on a culinary journey that embodied the brands' dedication to the city. The activation served as a global stage to showcase TamJai and SamGor's Hong Kong-born legacy while demonstrating how TamJai Mixian unifies the best of both brands for international expansion.

  • "Made in Hong Kong" was highlighted to celebrate bold flavours, distinctive style and a lively dining vibe, all originated in Hong Kong and brought to life through Tam Jai's craftsmanship, signature soups and the iconic 10 spice levels honed over the years.
  • "Made to Move" symbolised the relentless drive to innovate, expand into new markets and champion noodle culture on the global stage, sharing the unique "Tam Jai Taste" with the world.

Music fans immersed themselves in rhythm and delight to taste buds at the "TamJai Avenue", a dedicated zone decked in signature TamJai green and SamGor red to create a space that felt both nostalgic and fresh. Every corner was infused with the identities of the three brands, allowing visitors to explore installations that blended rice noodle heritage with Hong Kong culture.

Mr Daren Lau, Chairman and Chief Executive Officer of TJI, reflected on the event, "'Bringing the unique Tam Jai Taste to the world' has never been merely a statement, but a commitment and vision that we have built step by step throughout the years. From our deep origins in this vibrant city, we have cultivated three iconic brands – 'TamJai Yunnan Mixian', 'TamJai SamGor Mixian' and 'TamJai Mixian'. Their debut on a united front at Clockenflap symbolises an important step in our journey to present Hong Kong's spirit on a global stage, sharing our beloved 'Tam Jai Taste' with music enthusiasts across the globe."

"Music has the power to connect, heal and uplift, especially in challenging times. With deep love for the families affected by the tragic Tai Po fire, TJI donates all profits from Clockenflap 2025 to support the emergency needs and recovery efforts of the community. This reflects our 'Passion to Serve' brand DNA, bringing warmth, care and hope to the communities we proudly call home."

 

A Culinary Recap: The Taste of Hong Kong

Festival-goers gathered at "The Taste of Hong Kong" dining area to experience an East-meets-West menu created exclusively for the event.

While fans enjoyed reimagined classics like the Mini Mixian with Pork Belly in Mala Soup, the standout items of the weekend included the innovative "Minced Pork and Homemade Pickle" series. The Minced Pork and Homemade Pickles Mini Burger and the fusion-style Avocado in Garlic and Chilli Sauce were among the most popular choices, demonstrating how authentic mixian ingredients can be transformed into shareable festival snacks.

Local Craftsmanship: Spiced Mixology

The "Spiced Mixology" Bar, a partnership with local craft distiller Perfume Trees Gin, offered cocktails that captured the essence of Hong Kong. With unique and distinctive flavours, both drinks sold out quickly on each event day and became one of the most sought-after highlights of the music festival.

  • Spicy Banger (Left): A crisp gin base sharpened by SamGor's signature spice, lychee and lemongrass, finished with a facing heaven chilli.
  • Gin'ger (Right): A refreshing mix of TamJai's soup essence, whiskey and gin, balanced with warming ginger and a crisp cucumber garnish.

 

Interactive Highlights: Engaging with the Brand

Beyond the culinary offerings, "TamJai Avenue" provided immersive cultural experiences. The "Make Your Own Bowl" workshop saw hundreds of fans creating customised phone straps featuring ingredient-shaped charms. Meanwhile, the "Spicy Soup Master" activation invited participants to roll a giant dice, with those braving the "Extremely Spicy" level receiving exclusive memorabilia. The "Bring TamJai Home" collection, featuring "Tastebud Troopers" plush toys and "Spicy Monster Gang" figurines, also proved to be a popular memento of the festival.

Looking Ahead: A Milestone Year in 2026

Following the conclusion of Clockenflap, TJI is looking towards a significant year ahead. 2026 marks the 30th Anniversary of TamJai Yunnan Mixian, a milestone celebrating three decades of serving Hong Kong. Furthermore, TamJai SamGor Mixian is preparing to take its unique flavours to new heights. Fans can look forward to a new store situated where the city connects with the world, offering one last taste of home before your next adventure. For those always on the move, you can savour the authentic taste of Tam Jai across Mainland China, Australia, Malaysia, Singapore and Japan.

About Us

Tam Jai International Co. Limited is one of the leading restaurant groups in Hong Kong, rapidly expanding its network to over 240 stores across various markets, including Mainland China, Singapore, Japan, Australia and Malaysia, with plans to enter the Philippines. Apart from self-operating restaurants, the Group also adopts alternative models such as joint venture, franchise or strategic partnership for overseas markets. The Group's portfolio of distinguished brands includes TamJai Yunnan Mixian, TamJai SamGor Mixian, and international brand TamJai Mixian, as well as Japanese dining brands, Marugame Seimen and Yakiniku Yamagyu, through franchise and licensing in Hong Kong.

With highly standardised operations, an innovative spirit and an efficient management model, TJI is committed to providing customers with a quality yet affordable dining experience while ambitiously expanding its footprints across the globe.

TamJai Yunnan Mixian brand is a fast casual restaurant chain in Hong Kong with operations in Mainland China. Our brand has over 30 years of history and the first restaurant under the TamJai Yunnan Mixian brand in Hong Kong was opened in 1996. In 2021, we opened our first restaurant under our brand in Mainland China.

TamJai SamGor Mixian brand is a fast casual restaurant chain in Hong Kong with operations in Singapore. Our brand has over 17 years of history and the first restaurant under the TamJai SamGor Mixian brand in Hong Kong was opened in 2008. In 2020 and 2022, we opened our first restaurant under our brand in Singapore and Japan respectively.

TamJai Mixian represents our international brand, capturing the essence of our flagship brands "TamJai Yunnan Mixian" and "TamJai SamGor Mixian" in Hong Kong. We launched our first store under this brand in Melbourne, Australia, in November 2024. Our stores in Mainland China were also revamped into "TamJai Mixian" starting from 2024. In July 2025, we opened our first restaurant in Malaysia.

All On-site Profits Donated to Fund Tai Po Fire Recovery Efforts 

HONG KONG, Jan. 16, 2026 /PRNewswire/ -- Tam Jai International Co. Limited ("TJI") has concluded its debut as the official partner of Clockenflap 2025, uniting its three renowned rice noodle brands – TamJai Yunnan Mixian, TamJai SamGor Mixian and the international brand TamJai Mixian – for the first time. The collaboration brought the "Made in Hong Kong, Made to Move" spirit to the Central Harbourfront. In light of the recent tragedy in Tai Po, TJI remained guided by its genuine "Passion to Serve", pledging all on-site profits from the festival to the Tung Wah Group of Hospitals to fund recovery efforts and support for residents in need.

Throughout the weekend, the trio brands welcomed music fans on a culinary journey that embodied the brands' dedication to the city. The activation served as a global stage to showcase TamJai and SamGor's Hong Kong-born legacy while demonstrating how TamJai Mixian unifies the best of both brands for international expansion.

  • "Made in Hong Kong" was highlighted to celebrate bold flavours, distinctive style and a lively dining vibe, all originated in Hong Kong and brought to life through Tam Jai's craftsmanship, signature soups and the iconic 10 spice levels honed over the years.
  • "Made to Move" symbolised the relentless drive to innovate, expand into new markets and champion noodle culture on the global stage, sharing the unique "Tam Jai Taste" with the world.

Music fans immersed themselves in rhythm and delight to taste buds at the "TamJai Avenue", a dedicated zone decked in signature TamJai green and SamGor red to create a space that felt both nostalgic and fresh. Every corner was infused with the identities of the three brands, allowing visitors to explore installations that blended rice noodle heritage with Hong Kong culture.

Mr Daren Lau, Chairman and Chief Executive Officer of TJI, reflected on the event, "'Bringing the unique Tam Jai Taste to the world' has never been merely a statement, but a commitment and vision that we have built step by step throughout the years. From our deep origins in this vibrant city, we have cultivated three iconic brands – 'TamJai Yunnan Mixian', 'TamJai SamGor Mixian' and 'TamJai Mixian'. Their debut on a united front at Clockenflap symbolises an important step in our journey to present Hong Kong's spirit on a global stage, sharing our beloved 'Tam Jai Taste' with music enthusiasts across the globe."

"Music has the power to connect, heal and uplift, especially in challenging times. With deep love for the families affected by the tragic Tai Po fire, TJI donates all profits from Clockenflap 2025 to support the emergency needs and recovery efforts of the community. This reflects our 'Passion to Serve' brand DNA, bringing warmth, care and hope to the communities we proudly call home."

 

A Culinary Recap: The Taste of Hong Kong

Festival-goers gathered at "The Taste of Hong Kong" dining area to experience an East-meets-West menu created exclusively for the event.

While fans enjoyed reimagined classics like the Mini Mixian with Pork Belly in Mala Soup, the standout items of the weekend included the innovative "Minced Pork and Homemade Pickle" series. The Minced Pork and Homemade Pickles Mini Burger and the fusion-style Avocado in Garlic and Chilli Sauce were among the most popular choices, demonstrating how authentic mixian ingredients can be transformed into shareable festival snacks.

Local Craftsmanship: Spiced Mixology

The "Spiced Mixology" Bar, a partnership with local craft distiller Perfume Trees Gin, offered cocktails that captured the essence of Hong Kong. With unique and distinctive flavours, both drinks sold out quickly on each event day and became one of the most sought-after highlights of the music festival.

  • Spicy Banger (Left): A crisp gin base sharpened by SamGor's signature spice, lychee and lemongrass, finished with a facing heaven chilli.
  • Gin'ger (Right): A refreshing mix of TamJai's soup essence, whiskey and gin, balanced with warming ginger and a crisp cucumber garnish.

 

Interactive Highlights: Engaging with the Brand

Beyond the culinary offerings, "TamJai Avenue" provided immersive cultural experiences. The "Make Your Own Bowl" workshop saw hundreds of fans creating customised phone straps featuring ingredient-shaped charms. Meanwhile, the "Spicy Soup Master" activation invited participants to roll a giant dice, with those braving the "Extremely Spicy" level receiving exclusive memorabilia. The "Bring TamJai Home" collection, featuring "Tastebud Troopers" plush toys and "Spicy Monster Gang" figurines, also proved to be a popular memento of the festival.

Looking Ahead: A Milestone Year in 2026

Following the conclusion of Clockenflap, TJI is looking towards a significant year ahead. 2026 marks the 30th Anniversary of TamJai Yunnan Mixian, a milestone celebrating three decades of serving Hong Kong. Furthermore, TamJai SamGor Mixian is preparing to take its unique flavours to new heights. Fans can look forward to a new store situated where the city connects with the world, offering one last taste of home before your next adventure. For those always on the move, you can savour the authentic taste of Tam Jai across Mainland China, Australia, Malaysia, Singapore and Japan.

About Us

Tam Jai International Co. Limited is one of the leading restaurant groups in Hong Kong, rapidly expanding its network to over 240 stores across various markets, including Mainland China, Singapore, Japan, Australia and Malaysia, with plans to enter the Philippines. Apart from self-operating restaurants, the Group also adopts alternative models such as joint venture, franchise or strategic partnership for overseas markets. The Group's portfolio of distinguished brands includes TamJai Yunnan Mixian, TamJai SamGor Mixian, and international brand TamJai Mixian, as well as Japanese dining brands, Marugame Seimen and Yakiniku Yamagyu, through franchise and licensing in Hong Kong.

With highly standardised operations, an innovative spirit and an efficient management model, TJI is committed to providing customers with a quality yet affordable dining experience while ambitiously expanding its footprints across the globe.

TamJai Yunnan Mixian brand is a fast casual restaurant chain in Hong Kong with operations in Mainland China. Our brand has over 30 years of history and the first restaurant under the TamJai Yunnan Mixian brand in Hong Kong was opened in 1996. In 2021, we opened our first restaurant under our brand in Mainland China.

TamJai SamGor Mixian brand is a fast casual restaurant chain in Hong Kong with operations in Singapore. Our brand has over 17 years of history and the first restaurant under the TamJai SamGor Mixian brand in Hong Kong was opened in 2008. In 2020 and 2022, we opened our first restaurant under our brand in Singapore and Japan respectively.

TamJai Mixian represents our international brand, capturing the essence of our flagship brands "TamJai Yunnan Mixian" and "TamJai SamGor Mixian" in Hong Kong. We launched our first store under this brand in Melbourne, Australia, in November 2024. Our stores in Mainland China were also revamped into "TamJai Mixian" starting from 2024. In July 2025, we opened our first restaurant in Malaysia.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Tam Jai International Unites Its Three Iconic Brands at Clockenflap 2025, Rallies Support for Tai Po Community with "Made in Hong Kong, Made to Move" Spirit

Recommended Articles