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Tron's TRX Experiences Price Increase Amidst Rising Network Activity

09:30, 04 June

Edited by: Yuliya Shumai

Tron (TRX) is experiencing a price increase, mirroring broader gains in the crypto market. As of today, TRX is trading just above $0.27, marking a 1.2% increase over the past 24 hours, reflecting a coordinated uptick in digital asset valuations.

The global cryptocurrency market capitalization has climbed nearly 1% to approximately $3.47 trillion. On-chain data suggests increased user engagement on the TRON network, with daily active addresses rising.

CryptoQuant's QuickTake platform reports that the 50-day and 100-day moving averages for daily active addresses have reached all-time highs. This sustained increase in network activity potentially supports TRX's current momentum.

Sources

  • NewsBTC

Read more news on this topic:

06 June

TRON (TRX) Shows Uptrend Amidst Surging Network Activity

18 March

TRON's TRX to Integrate with Solana, Fueling Optimism and Ecosystem Growth

08 February

TRON's Network Activity Soars, Driven by Stablecoins and Memecoins

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