According to the attached chart, both the 50-day and 100-day moving averages of active addresses on the Tron network have reached their highest historical levels. This steady rise in user activity signals strong underlying growth and engagement in the Tron ecosystem.
At the same time, TRX price shows significant upward movement, reflecting a notable correlation with increased active addresses. While price growth hasn’t fully matched the recent acceleration in address activity, the sustained uptrend in the 50/100-day moving averages suggests a solid foundation for potential continued price appreciation.
Historically, changes in active address trends tend to precede major price movements. Monitoring these metrics could offer valuable mid-term insights for market participants and analysts.
Written by CryptoOnchain
