The TRX currency is undergoing an extended price correction period since late August, and this trend continues to this day. In contrast, the Tron network itself appears dynamic and active, with a noticeable increase in usage indicators and stablecoin settlements, creating a striking contrast between the network's performance and the token's price.
⬤ Network activity is steadily accelerating
Data indicates continuous growth in the average active addresses weekly since September 2023, with a clearer acceleration starting from April 2025, as the upward trend continued for several months without interruption.
This increase reflects an expansion of the user base and actual reliance on the network in daily transactions.
⬤ Clear outperformance in stablecoin settlements
Monthly transfers of USDT through the Tron network have shown a long-term upward trend, with a slight decline recorded only in October.
Despite this temporary decline, the numbers remain high, confirming the network's position as a preferred option for settling stablecoins and increasing institutional and operational reliance on it.
⬤ Total locked value: Cautious positive signal
The total locked value (TVL) change index recorded a noticeable improvement over the past two weeks, which is often interpreted as a healthy indicator of user and protocol interest.
Although the improvement in this indicator was previously accompanied by price increases, the recent increases in the value of TRX assets have been limited and accompanied by a consolidation phase, making the bullish forecasts uncertain.
⬤ Increasing usage versus weak price
Price movement analysis shows that TRX has fallen below the long-term moving average, while other key moving averages have also trended downward due to the negative momentum that has persisted since September.
The daily chart reflects a clear downward trend over the past months, with lower highs and lows formed, which is a classic feature of bear markets. The upward wave that began in March has been used to identify technical correction levels.
⬤ Selling pressure that does not reflect the network's fundamentals
Volume indicators suggest ongoing selling pressure on the token, which explains the weak price performance. However, this pressure does not seem to be related to a decline in the network's fundamentals, but rather contrasts with the clear growth in activity and usage.
✦ Summary ✦
✧ The Tron network continues to expand and enhance its presence in stablecoin settlements.
✧ Usage indicators and locked value reflect growing operational strength.
✧ In contrast, the price of TRX remains under the influence of market pressures independent of the actual performance of the network.
◉ This divergence puts investors in front of a delicate equation: a strong network in usage, versus a token facing ongoing price challenges.
#Tron $TRX @Tryhared @TRON DAO
