Tron Revenue Falls to Four-Year Low as $185 Million Exits Network

TRON's token TRX has seen minimal price movement despite significant on-chain activity. Over the past week, TRX gained 5%, with a 0.50% increase in the last 24 hours.

Surge In On-Chain Activity

Daily transactions rose to over 9 million from 7.5 million.
Active addresses reached 2.7 million, the highest since June 6.
Increased activity primarily linked to stablecoin transfers, not new investments.
The gap between transaction volume and TRX price suggests funds are moving off exchanges.

Stablecoin Outflows Hit Record High

TRON's stablecoin supply peaked at $80 billion in June.
Since then, approximately $185 million in stablecoins have exited the chain.
This trend indicates a shift in user behavior away from holding tokens on TRON.

The outflow correlates with a broader market trend of seeking better rates and lower fees. Competing networks are impacting TRX’s utility as a key token.

Revenue And TVL Take A Hit

TRX's daily revenue fell to $114,000, a four-year low.
Total value locked (TVL) in TRON protocols decreased by 0.50%, dropping from $4.80 billion to $4.85 billion.
A reduction in TVL affects lending pools and yield farm sustainability.

Despite these challenges, TRX remains above critical support levels. However, ongoing outflows and declining TVL could pressure the token's price further.