$TRX

Network Activity Concerns – Old Data, New FUD

Overview:

A June report revealing a sharp 60% decline in daily transactions—from 9 million to 3.5 million—resurfaced in social media and forums, despite having little impact on price at the time.

What It Means:

Reignites debate over TRON’s real-world utility, especially given that much of its activity is tied to USDT transfers (over $23.4B in daily stablecoin volume).

While not directly correlated to current price action, the narrative fuels skepticism about the authenticity of on-chain activity, with critics citing bot-driven traffic.