This chart presents the daily trend of the average gas usage ratio of the Tron (TRX) network alongside the TRX closing price in USD from early 2020 to the present.
The results indicate that during periods of increased network activity (higher Gas Usage Ratio), there is often a corresponding movement in price. However, this relationship varies over different time frames—at times, both metrics move in tandem, while in other periods, they show divergent behaviors.
Notably, in late 2024 and early 2025, a significant rise in the gas usage ratio was accompanied by a substantial surge in the TRX price, suggesting that network activity has a tangible impact on market sentiment.
Nevertheless, there are also phases where changes in the Gas Usage Ratio do not necessarily align with price actions, and in some cases, they even move in opposite directions.
Overall, monitoring these two indicators together can provide a deeper understanding of network dynamics and market trends, offering early signals to identify potential future movements.
This chart has been integrated into the TRON On-Chain Explorer dashboard
Written by CryptoOnchain
