TRON (TRX) Network Activity Surges to Record Highs Amid Bullish Technical Signals
The TRON network is experiencing unprecedented growth, with daily transactions surpassing 8 million, marking a 30% increase over the past four months. This surge is primarily driven by non-exchange activity, highlighting robust organic adoption across the ecosystem. Additionally, the network's 50-day and 100-day moving averages for active addresses have reached record levels, signaling strong user engagement. Despite a slight weekly dip of 1.5%, TRX has shown resilience with a 12% monthly gain, currently trading at $0.2729. The emergence of a bullish technical pattern further underscores the potential for continued upward momentum in TRON's market performance.
TRON Network Activity Hits Record High as Bullish Technical Pattern Emerges
TRON's blockchain network is processing over 8 million daily transactions, marking a 30% increase over four months. Non-exchange activity dominates this growth, signaling robust organic adoption across the ecosystem.
The network's 50-day and 100-day moving averages for active addresses have reached unprecedented levels. TRX currently trades at $0.2729, showing 12% monthly gains despite a 1.5% weekly dip. Technical analysts identify a bull flag formation, suggesting potential upside toward $0.50 if the pattern confirms.
Network fundamentals continue strengthening, with average daily transactions growing by 2 million since February. This sustained engagement underscores TRON's expanding utility beyond speculative trading.
Top 3 Cryptos to Buy in 2025 for Maximum ROI: SOL, XRP & Nexchain
As the 2025 bull cycle approaches, investors are eyeing solana (SOL) and XRP as established performers with sustained momentum. Meanwhile, Nexchain emerges as a dark horse in the AI blockchain sector, combining decentralized infrastructure with smart automation.
Nexchain distinguishes itself as the first AI-native LAYER 1 blockchain, featuring Same-Time Processing and 400K TPS throughput. The project has raised $3.8 million in its ongoing presale, with NEX tokens priced at $0.066 and a projected 455% return at its $0.30 listing target. The ecosystem offers 10% daily gas fee rebates for token holders.
Investment options include direct purchases via BTC, SOL, and TRX, with vesting tracking through a simplified dashboard. The platform's focus on real utility rather than HYPE positions it as a compelling early-stage opportunity in the current market cycle.
Crypto Market Dips Ahead of Weekend as Bitcoin Slips to $100K, Ethereum Below $2,500
The cryptocurrency market faced a sharp downturn today, with Bitcoin briefly touching $100,501 during late U.S. trading hours. Ethereum followed suit, dropping below $2,500 before a partial recovery. The sell-off coincided with escalating tensions between Donald Trump and Elon Musk, though market analysts remain divided on whether this was the primary catalyst.
Bitcoin has since rebounded 3% to $104,060, with trading volume surging 51% to $62.79 billion. ethereum shows similar resilience, bouncing from $2,400 to $2,478 despite a 5.68% daily loss. The swift recovery suggests underlying bullish sentiment remains intact.
Fartcoin led gainers with a 16% surge following its Coinbase listing announcement, while FLOKI, TRX and RAY posted modest 2% gains. STX plunged 13% to lead decliners, followed by LDO, TRUMP and JUP with 9% losses.