In the past 24 hours, Tron (#TRX ) has risen slightly by 2.1%. Although the increase is not large, this move may signify its return to the 'bullish' track 📈. While on-chain activity seems to be 'slacking off', capital flow is quite intriguing—let's see what has really happened 👇#稳定币

💸 A major influx of stablecoins, and Tron is the biggest winner!

The Tron network has welcomed the largest single-day inflow of stablecoins in history, with the total amount of stablecoins on-chain officially surpassing $80 billion 🚨, significantly leading over the former big brother Ethereum (ETH).

📊 Compared to the low point at the beginning of the year ($59.76 billion), the growth is nearly 34%, this wave is truly a return of the king!

There are two core reasons behind this:

  • ⚡ Low transaction fees.

  • 🕒 Settlement speeds are incredibly fast.

This has led more people to choose Tron as the 'highway' for stablecoins, with TRX as the 'pass,' naturally benefiting from this.

🐳 Spot & DeFi players are teaming up to 'bottom fish' TRX!

Interestingly, the big players have already quietly begun accumulating 👀.

From this perspective, it does have a hint of 'smart money' entering the market.

😐 But don't celebrate too early: on-chain popularity is declining...

Although capital flow is lively, on-chain activity is not very strong 👇

  • Daily trading volume: only 7.6 million transactions left, a significant drop from the previous day 📉.

  • The number of active addresses has also fallen to just 2.2 million, showing a clear decline in user engagement.

📉 Decreased trading → Reduced user activity → Market sentiment under pressure.

🚀 The derivatives market is bearish, and short-selling sentiment is rising.

Don't forget, there is another indicator worth paying attention to: financing rates.

Latest data shows that the weighted financing rate for TRX perpetual contracts is negative (-0.0007%).

In simple terms, there are now more short sellers than long buyers, and the bears are gathering!

🧠 Summary: With long and short battling, how will TRX move next?

The current TRX market shows a 'dual nature':

✅ On one side, spot and DeFi users are actively buying.
❌ On the other side, on-chain activity is declining, and the contract market is bearish.

Who will win? It all depends on whether the blockchain can regain its vitality 🎯. If active users and trading volume pick up, TRX may indeed start a new round of market activity; conversely, it may be held back by short-selling sentiment.

So is now a good time to buy TRX?

If you are optimistic about the Tron ecosystem in the long term, the influx of stablecoins and the accumulation by big players are indeed worth noting. However, in the short term, on-chain activity and short-selling pressure remain significant risk factors ⚖️.

✍️ DYOR, manage risk well, and may everyone set sail in the crypto world! 🌊

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