🚀 Tron Rockets 108% in Network Activity as Bullish Frenzy Accelerates

Tron's network just went supernova—activity spikes 108% as traders pile in like Wall Street at a taxpayer-funded buffet.

The FOMO is real

Chain metrics scream momentum as TRX whales make moves that'd give a SEC regulator night sweats. No fancy jargon here—just pure, unfiltered capital flooding the network.

Liquidity tsunami incoming?

Smart contracts humming, gas fees dancing—this isn't your 2021 meme coin pump. The infrastructure's handling volume like a Swiss exchange (but with 1000% more degenerate gamblers).

Analysts whisper 'institutional interest' while retail traders YOLO paychecks. Same game, new bull cycle—only this time the casino's blockchain-powered.

• Tron surges 108% in on-chain activity, driven by smart contract growth.
• SRM Entertainment strikes deal with Justin Sun, rebranding as “Tron Inc.”
• Despite market volatility, TRX holds above key technical support levels.

Tron (TRX) is back in the spotlight following a groundbreaking move toward public markets. On Monday, Nasdaq-listed SRM Entertainment (SRM.O) announced a strategic partnership with TRON founder Justin Sun. Under the deal, SRM will acquire TRX tokens, rebrand itself as “Tron Inc.,” and bring Sun on board as an adviser.

This development positions TRX closer to becoming one of the first blockchain networks with public market exposure. The move is seen as a historic shift in the crypto landscape, potentially setting a precedent for other blockchain firms.

However, the broader market backdrop is highly volatile. Escalating tensions in the Middle East have rattled global markets, including crypto. TRX’s price surged after the announcement but quickly reversed as risk-off sentiment gripped investors.

Despite price fluctuations, Tron’s fundamentals remain strong. According to CryptoQuant, TRX’s daily energy consumption, a key metric for smart contract activity, has jumped 108% year-over-year. The network now processes 200 billion energy units daily, up from 77 billion a year ago.

TRON energy use is up 108% YoY.

Total daily energy consumption is now 200B vs. 77B last year.

About 80% comes from staked TRX, pointing to a surge in smart-contract activity. pic.twitter.com/TMPb52Ns3A

Significantly, 80% of this energy demand comes from staked TRX. This highlights strong user commitment and growing smart contract activity on the platform. The surge underscores TRX’s expanding role as both a technical and investment vehicle.

Tron Holds Strong Despite Market Jitters On Chain Growth Signals

After peaking NEAR $0.295, TRX has retraced 9% amid broader market jitters. The token now trades at around $0.2730. While the initial rally on the SRM deal sparked optimism, global uncertainty quickly cooled the enthusiasm.

Source: TradingView

Yet, on-chain data suggests the price pullback reflects market-wide stress rather than weakness in TRX’s network. The sustained increase in energy usage indicates rising demand for on-chain applications and decentralized services.

Technically, TRX remains above its long-term ascending trendline established in March. The 50-day moving average continues to provide dynamic support as the token consolidates.

Volume spiked during the SRM announcement but has since returned to normal levels. This suggests short-term HYPE is fading, allowing fundamentals to take center stage.

The 100-day and 200-day moving averages remain upward-sloping, showing intact long-term momentum. Key support lies between $0.269 and $0.253. A breakdown below this range could open the door for deeper losses.

Conversely, reclaiming the $0.295 level WOULD signal renewed bullish momentum. A breakout could push TRX toward the $0.32 target. For now, the structure remains bullish, but caution is warranted amid continued macroeconomic uncertainty.

If volatility stabilizes, TRX’s robust on-chain metrics may fuel the next leg higher. The network’s growing activity, combined with public market exposure, could mark a pivotal moment in its evolution.

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