Tron's TRX Experiences Price Increase Amidst Rising Network Activity

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

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