TRON (TRX) Price: Is Record Network Activity Setting Up a Breakout?

TLDR

TRON daily active addresses hit all-time highs with 50-day and 100-day moving averages reaching record levels TRX monthly transfer volume reached $121.2 billion, setting a new all-time high with 490.3 billion TRX transferred Daily transactions on TRON network increased to 6-9 million range in 2025, up from previous periods SunPump token creation activity serves as a price indicator, with intense activity often signaling short-term tops TRX currently trades above $0.27 with 1.2% daily gains but shows neutral momentum on technical charts

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TRON (TRX) is experiencing unprecedented network activity while its price action remains relatively muted. The cryptocurrency trades just above $0.27, reflecting a 1.2% increase over the past 24 hours.

Tron (TRX) Price

Recent on-chain data reveals that TRON’s daily active addresses have reached all-time highs. The 50-day and 100-day moving averages for this metric are currently at their highest points since tracking began. This sustained increase in network activity suggests growing user engagement on the TRON blockchain.

The network has also achieved a new milestone in transfer volume. According to CryptoQuant data, TRX reached a record monthly transfer volume of $121.2 billion. Over the course of the month, a total of 490.3 billion TRX was transferred across the network.

TRX Hits $121.2B Monthly Transfer Volume — New All-Time High

“TRX reached a new ATH in total transfer volume, both in terms of TRX and USD value. Over the course of the month, a total of 490.3 billion TRX was transferred.” – By @JA_Maartun

Full post ⤵️https://t.co/zJUt0EruNI pic.twitter.com/6yrDUUjTJb

— CryptoQuant.com (@cryptoquant_com) June 2, 2025

Daily transaction counts on TRON have shown consistent growth throughout 2025. From the beginning of the year through late May, average daily transactions ranged between 6 to 9 million. This represents a steady uptrend compared to previous periods.

The increase in network usage has been accompanied by comparable transaction fees to Bitcoin. However, TRON’s fees remain higher than those on Solana, which also surpasses TRON in transaction count.

Network Metrics Show Mixed Signals

Despite the positive activity metrics, some indicators present a different picture. Total Value Locked (TVL) on the TRON network has been declining since December 2024. While TVL saw a brief spike in mid-May, it has since recorded a decline in the past 24 hours.

The divergence between network activity and price performance has caught analysts’ attention. Historically, sustained increases in daily active addresses have preceded upward price movements in TRX. However, the current price growth has yet to fully reflect the spike in network activity.

Source: CryptoQuant

This gap suggests that underlying demand is building. If the trend continues, it could potentially lay the groundwork for future price gains. Traders often view network activity as a leading indicator of value in proof-of-stake chains like TRON.

SunPump Activity Provides Price Insights

Analysts have identified SunPump token activity as another indicator for TRON price dynamics. SunPump is a tool used for creating tokens on the TRON network, and its activity appears to correlate with TRX market trends.

Periods of intense token creation often signal short-term tops in TRX price. This typically occurs when the token’s value doesn’t keep pace with bursts in network activity driven by hype, bots, or speculative launches.

Conversely, when SunPump activity slows down, TRX has historically drifted toward local bottoms. This pattern often indicates reduced selling pressure in the market.

More stable growth in token creation, when aligned with gradual TRX price increases, has been associated with healthier and more sustained rallies. Tracking these token dynamics can provide insights into TRON’s market rhythm.

Technical analysis shows TRX momentum has shifted from bullish to neutral on daily charts. The Chaikin Money Flow (CMF) currently sits at -0.08, indicating capital outflows and increased selling pressure.

Source: TradingView

The Accumulation/Distribution indicator has also slipped lower over the past two weeks. Overall market data suggests selling volume is currently winning over buying pressure.

TRX previously consolidated around the $0.25 resistance zone before breaking higher. The current consolidation phase has developed over the past two weeks near range highs.

If Bitcoin regains bullish momentum, it might spark TRX bulls to claim the $0.28 area as support. A successful defense of this level could push the token toward the $0.30 retracement level.

The global cryptocurrency market capitalization has climbed nearly 1% to approximately $3.47 trillion, providing a supportive backdrop for TRX’s current momentum.

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