Tron logs record activity yet posts weekly price loss
Tron’s TRX fell 1.5% this week to $0.315, the weakest among the top 10, even as daily transactions hit a record 14.3 million and on-chain stablecoin value neared $91 billion.
TRX traded near $0.315 on Saturday and ranked eighth by market capitalization at about $29.9 billion. The token slipped roughly 1.5% over the seven‑day period and declined about 10% over the past 30 days.
On‑chain records showed daily transactions on Tron reached a network high of 14.3 million on May 24. The total value of stablecoins settled on the chain hit $90.96 billion on the same day and remained near $90.3 billion this week. Daily transaction counts rose about 15% versus the prior 30 days.
Decentralized exchange volume on Tron rose 28% over the last 30 days after earlier multi‑quarter lows, according to on‑chain analytics and security data.
Institutional accumulation continued. Tron Inc., a Nasdaq‑listed treasury company affiliated with the ecosystem, purchased 159,118 TRX on the latest reported day, lifting its holdings above 700.3 million TRX. The firm has added about 1.8 million TRX so far this month.
Regulated market access for TRX expanded in early June. On June 5, TRX secured a spot listing on Bitnomial, a CFTC‑regulated U.S. exchange and clearinghouse. Days earlier, OKX Europe introduced TRXUSD expiry perpetuals for eligible traders across 30 European Economic Area jurisdictions with up to 10x leverage.
Justin Sun released a statement noting that the availability of TRX on regulated platforms supports broader market access, greater transparency and the maturation of the digital asset ecosystem.
On technical charts, analysts observed TRX trading inside an ascending triangle on the weekly timeframe, with resistance near $0.365 and a rising trendline in place since mid‑July 2024.
The price decline this week occurred alongside higher transaction counts, near‑$91 billion stablecoin settlement balances and rising DEX volumes on the Tron network.
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