The TRON network is seeing a surge in on-chain activity, with the number of daily active addresses reaching an all-time high. According to analysts, this could signal that TRX is preparing for a bullish breakout.
📈 TRON Network Activity Skyrockets
Data from CryptoQuant shows that both the 50-day and 100-day moving averages of daily active addresses on the TRON network are climbing steadily. According to contributor CryptoOnChain, this sustained increase reflects strong user engagement, indicating healthy network expansion and growing adoption.
Another analyst, Darkfost, notes that TRON is now processing over 8 million transactions daily, a 30% increase since early February. Importantly, this growth isn't limited to centralized exchange activity — it points to real-world usage of the blockchain. Attractive yields and decentralized services are pulling in both liquidity and new users.
💰 TRX Price Lags Behind Fundamentals
Despite these strong metrics, TRX price performance remains relatively modest. At the time of writing, TRX was trading at $0.2726, up 1.2% on the day and about 10% over the past month.
Still, TRX is trading roughly 36% below its December 2024 high of $0.4313, though the recent uptick hints at a slow but steady recovery.
📊 Technical Outlook: Opportunity and Caution
TRX is currently hovering near the upper band of its daily Bollinger channel, indicating elevated volatility and a potential breakout attempt. Both the 20-day and 50-day EMAs are below the current price — a bullish signal.
However, momentum indicators such as RSI, MACD, and Momentum show mixed signals. RSI sits at 56 — safely below overbought levels — but without strong upward pressure. Oscillators suggest TRX could enter a consolidation phase before a stronger move materializes.
🔮 What’s Next?
📍 If TRX breaks above the resistance at $0.278, it could open the door to a move above the $0.30 psychological barrier.
📍 On the downside, if the price dips below $0.264, a deeper retracement is possible — with $0.25 as a critical support level.
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