The Tron (TRX) network has recorded a new all-time high (ATH) in daily active addresses, reflecting strong organic growth and increased user engagement according to on-chain data analysis by CryptoQuant. The 50-day and 100-day moving averages for daily active addresses have reached unprecedented levels, which historically precede major price movements.
Despite the surge in network activity, TRX's price has only modestly increased, trading around $0.27 with a 1.13% to 1.2% gain over the past 24 hours. CryptoQuant suggests that the price is lagging behind network adoption and might soon catch up, potentially experiencing up to a 570% increase to $1.84 based on trend analysis. Tron has also surpassed Cardano in market capitalization, now ranking ninth.
Beyond active addresses, the network achieved a new milestone in monthly transfer volume at $121.2 billion, with over 490 billion TRX tokens moved. Daily transactions have consistently increased, now in the 6 to 9 million range for 2025, indicating growing network utility. However, some metrics like Total Value Locked (TVL) have declined since December 2024, showing mixed signals in overall ecosystem health.
SunPump token creation activity on the Tron network serves as an additional price indicator. Intense token creation often signals short-term price tops, while slower activity correlates with local bottoms, providing insights into market sentiment and selling pressure. Technical analysis shows TRX momentum as neutral with capital outflows and selling pressure dominating recently. If Bitcoin regains bullish momentum, TRX could test support at $0.28 and potentially move toward $0.30.
Overall, the record network activity and increased adoption create a foundation for potential significant price appreciation for TRX, although short-term fluctuations and mixed ecosystem metrics warrant cautious optimism.