My crypto people, keep an eye on TRON (TRX)! 🧐 Because here's something that's really weird, really weird. It turns out that TRON's network activity collapsed brutally in June 2025. Imagine! Daily transactions dropped from 9 million to just 3.5 million in a matter of days! That's like almost two-thirds of network usage vanished overnight. 🌬️

But guess what? Despite this drop in usage, the price of TRX has stubbornly held steady. At the time of writing, it was hovering around $0.2676, with a daily drop of just 1.9%. Crazy! 🤯 This sharp and steady drop in network activity doesn't seem to be just due to bots or yield farms, no, no. This smacks of deeper changes, like new rules, apps moving, or users leaving for faster chains like Base or BSC. The silence on the network is no coincidence!

Are the whales accumulating while the rest are on another wavelength? 🐳

Here's the interesting part: While the network seems to be in "quiet" mode, the big players, whales, and investors, have been buying TRX like crazy! In the last 30 days, whale holdings are up 9.36%, and investors' holdings are up 41.82%! 🚀 On the other hand, ordinary people, the retailers, have barely increased their holdings by 3.79%.

This difference tells us that those holding the silver are accumulating TRX despite low network activity. When the "heavy hitters" move like this, it's often a sign of big price moves ahead, especially if the price is holding steady. It's like they know something, don't you think? 😉 It could be that they're confident TRON will recover or that it has future uses that no one else sees. If retail investors don't get their act together now, they could be late to the party when volatility returns.

Can social media gossip save the day? 🗣️

The curious thing is that while network activity is declining, TRX's "social dominance" (i.e., what people talk about on social media) has skyrocketed! It went from less than **0.3% to 1.37% in just a few days. This indicates that people are talking more about TRON and are becoming more curious about that strange disconnect between price and network usage.

Sometimes, when something is widely talked about online, it can boost interest and even the price in the short term, even if the network's fundamentals aren't doing so well. So, even if the network is quiet internally, social media visibility could attract new investors.

Why the caution despite price stability? 📉

Although the TRX price hasn't moved much lately, derivatives are telling a different story. The funding rate on Binance dropped to -0.022%, meaning traders are paying to hold short positions (betting that the price will fall). This signal that bears are still waiting for a drop doesn't bode well! While funding doesn't always predict immediate moves, a consistent negativity can indicate that leveraged traders aren't convinced the price will rise. This could dampen any attempt at a price breakout unless sentiment changes quickly.

Is TRX going up or is it still stuck? 🤷‍♀️

TRX remains trapped in a narrow price range, between $0.2422 and $0.2967. Currently, it's trading near $0.2631, just below a major resistance at $0.2754. It has attempted to rise several times but has failed. On the other hand, strong support at $0.2422 has prevented it from falling further.

The point is: if momentum doesn't improve and volume doesn't return, TRX could remain in this range for quite some time. Only a decisive break above $0.2967 or a drop below $0.2422 will tell us which direction the trend will take next.

Will TRON's price reflect its decline in usage? 🧐

The truth is, this disconnect between TRON's price and its plummeting transactions is a mystery. Whales are buying and social media is talking, but core network activity is plummeting. This can't last forever. Either the network starts to gain more use to justify the current price, or the market will realize that the chain's fundamentals aren't looking so good. So stay tuned!