- TRON’s active addresses hit a two-month high of 2.94 million, indicating rising user engagement.
- TRX remains stable at $0.2421 despite increased network activity, suggesting a lag in buying pressure.
- TRX price is projected to rise 28.40% to $0.315265 by April 2025, driven by sustained network adoption and transaction volume.
On-chain data shows that TRON (TRX) network reached its highest level of two-month active addresses when it totaled 2.94 million. TRX’s market price has declined by 0.4% to $0.2421 during the recent 24-hour period while active addresses on the TRON network reached their highest levels since February.
On-Chain Activity and Key Metrics
According to the data provided by Glassnode the TRON platform experienced an enhanced active address development starting in early February. The established peak of 2.6 million active addresses on February 1 experienced a short-term decrease but activity began its return before stabilizing between 2.3 million and 2.7 million. Data shows that active addresses on the TRON network achieved its highest landmark at 2.94 million.
The rising network activity has not impacted TRX’s price which shows a consistent range between $0.2415 and $0.2467 throughout the last 24 hours. The market value currently sits at $0.2421 with a temporary downward shift despite increasing network user numbers.
Market Implications
Network user participation continues to grow based on the increase in active addresses on the TRON platform which indicates broader adoption potential. The recent decrease in network use indicates that higher activity has not produced noticeable market demand.
Investors will be watching closely to see if this trend continues, as sustained network growth could help establish stronger price support. Additionally, broader market trends—especially shifts in Bitcoin and Ethereum—may play a key role in shaping TRX’s price direction.
Future Outlook
The continued upward trend of active addresses creates potential price rise possibilities for TRX within the next few weeks. The price continues to rise only when transaction volume increases and the network gains purposeful use.
Data from Coincodex suggest that the price of TRON is predicted to rise by 28.40% and reach $ 0.315265 by April 5, 2025.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
