Tron Network Experiences Disparity: TRX Value Increases, Smart Contract Development Plateaus
The Tron network's native token, TRX, has seen a market value increase of over 12% in the past month, currently trading at $0.275, despite a stagnation in smart contract development. This suggests market sentiment and off-chain factors, such as speculative sentiment or macro market conditions, have become stronger drivers of TRX's value, rather than on-chain activity.
However, user-level activity continues to grow, with the network now averaging over 8 million daily transactions, an increase of more than 30% in the past four months. The TRX's monthly transfer volume also reached a record high in May, totaling $132.4 billion. The ongoing disparity raises questions about the network's long-term health and whether the flat trend in smart contract creation reflects declining developer interest or a maturing ecosystem.
$AVAX /USDT LONG TRADE SIGNAL – BULLISH MOMENTUM BUILDING
Entry Price: $21.04
Target 1: $22.00
Target 2: $23.50
Target 3: $25.00
Stop Loss: $19.30
Why Long?
Avalanche (AVAX) is showing strong upward momentum, currently trading at $21.04 with a 24-hour gain of 8.57%. The price has broken above recent resistance levels, forming a series of higher highs and higher lows, which is indicative of a bullish trend. Trading volume is also rising, with 1.91 million AVAX exchanged in the past 24 hours, signaling increased market participation and buying interest.
If AVAX sustains above the $20.60-$21.00 support zone, further upward continuation is likely. A confirmed breakout above $21.20 could trigger additional upside movement toward the $23–$25 range. However, a drop below the $19.30 level would invalidate the bullish setup and serve as the stop-loss trigger.
Risk Management Tip: Consider adjusting stop-loss levels upward once the first target is achieved to protect profits and reduce downside risk.
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