TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%.
However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity.
An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake platform by contributor Darkfost, daily transaction volume on the TRON network has crossed the 8 million mark, a notable increase from earlier this year.
This growth in network transactions is considered a critical indicator of underlying demand and user engagement, which could influence market sentiment around the asset.
Transaction Volume and Address Activity Show Strong Network Engagement
Darkfost noted that TRON’s monthly average for daily transactions has seen consistent growth, with recent data showing a roughly 2 million increase in average daily transactions since February.
The network is now processing over 8 million transactions per day, marking a more than 30% rise over the past four months. Importantly, a large share of these transactions is occurring outside centralized exchanges, pointing to the growing utility of the blockchain for peer-to-peer transfers and decentralized application (dApp) usage.
This shift away from centralized platforms may reflect increased interest in TRON’s native ecosystem services and its competitive yield offerings.
As more users interact directly with the network, transaction-based liquidity grows, which can contribute to stronger economic activity across the TRON protocol. Darkfost emphasized that this trend of non-exchange transactions is a positive signal for the blockchain’s real-world usage and investor adoption.
TRON Active Address Metrics Reach New Highs
In a separate update, CryptoQuant analyst Cryptoonchain highlighted that both the 50-day and 100-day moving averages for active addresses on the TRON network have hit their highest levels to date.
This sustained rise in active wallet participation suggests a growing user base that is consistently interacting with the blockchain. While TRX’s price has not fully kept pace with the uptick in address activity, historical trends suggest that increased user engagement often precedes upward price movement.
The correlation between active address growth and price performance continues to be an area of interest. With momentum building across multiple on-chain indicators, there is a likelihood that TRON may be positioned for further gains if current trends hold.
Analysis of Daily Active Addresses and TRX Price on Tron Network – All-Time Highs in Moving Averages
“Historically, changes in active address trends tend to precede major price movements.” – By @CryptoOnchain pic.twitter.com/7QXqP6g1Gh
— CryptoQuant.com (@cryptoquant_com) June 4, 2025
Featured image created with DALL-E, Chart from TradingView
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