The TRON network has demonstrated remarkable resilience amid broader market weakness, with on-chain activity hitting historic highs. In October 2025, daily active addresses surged to 6.23 million, marking the second-highest count in TRON's history, while monthly active addresses climbed to 87.7 million, a 13.42% month-over-month increase. Transactions also crossed 304 million, up 9.09% from the previous month.
Decentralized exchange (DEX) volume exploded by 174% to $3.04 billion, and perpetual futures volume rose to $2.44 billion, indicating heightened user engagement. Despite this, TRX's price has struggled, trading around $0.29 after a decline from $0.36. The token found support near this level, rebounding from a descending channel, with the RSI hovering near 33, approaching oversold territory that often precedes recoveries.
Technical analysis suggests that a close above $0.3236 is needed to confirm bullish momentum, potentially targeting $0.3533 or $0.37. Supporting this, the 90-day Cumulative Volume Delta showed increased taker buy activity, and Binance's Long/Short Ratio indicated 59.88% of open positions are long, reflecting trader optimism.
Network developments have fueled growth, including the Halliday integration, which reduces onboarding time to under 60 seconds, streamlining access to Tron-based assets. Griffin Dunaif, CEO of Halliday, emphasized, "Crypto payments should match Web2’s speed, refinement, and simplicity." Additionally, the T3 Financial Crime Unit, a collaboration involving Tron, Tether, and TRM Labs, froze $300 million in illicit crypto across 23 jurisdictions, enhancing ecosystem security.
While these metrics signal strong underlying strength, TRX's price has yet to react significantly, with the On-Balance Volume (OBV) sliding and no clear breakout. Bulls await stronger buyer support to push past resistance levels and capitalize on the network's expanding utility.
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