Tron Active Addresses Surge to 6.23M Amid Market Consolidation
Tron Network Activity Surge Amidst Market Uncertainty
- The crypto market is cautious ahead of the US Federal Reserve's interest rate and quantitative tightening decisions.
- Tron's network activity has seen a significant spike, with daily active addresses rising from 3.5 million to 6.23 million as of October 27, 2025.
- This increase positions Tron uniquely in the market, showing increased demand and utility for its decentralized applications and stablecoin transfers.
- Despite strong fundamentals, Tron's price has declined from $0.36 to $0.29 since August, presenting a bullish divergence that may indicate an upcoming reversal.
Technical Analysis and Forecast
- TRX price is consolidating around the $0.29-$0.30 range after a pullback from $0.36.
- The price has reached the 200-day moving average, a crucial support level that could signal trend reversals.
- A sustained hold above this moving average could lead to a rebound; however, a drop below might trigger further declines toward $0.27 or $0.25.
- Moderate trading volume suggests a wait-and-see approach among investors, pending macroeconomic developments.
If market sentiment turns positive and on-chain activity stays high, TRX may aim to recover toward $0.32–$0.33.