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TRON transactions plummet 60% while TRX price stays stable - what's behind it?

- #Tron transactions plummet 60% while TRX price stays stable - what's behind it?

A new report from CryptoQuant shows a dramatic drop in activity on the #TRON network, with daily transactions dropping from 9 million to 3.5 million for the month of June this year. Interestingly, despite the significant drop in activity, the price of #TRX remains stable at $ 0.27, which raises questions: is the market ignoring the hidden slowdown?

Falling transactions: more than just bots?

In low-fee networks like TRON, transaction volumes are often inflated by automated bots, farms, or DApps with incentives. This time, however, the drop looks more systematic and steady than fleeting. Analysts suggest several likely causes:

updated energy or bandwidth rules that limit cheap interactions,

the closure of a major DApp that reduced the overall load on the network,

Or a shift of users to more active networks such as Base or the #Binance Smart Chain (BSC).

Regardless of the reason, this is not typical for a network that was previously known for its consistently high throughput.

In spite of declining utilization, the TRX price showed unexpected resilience, maintaining support around $ 0.27. Previous experience shows that this is not the first time TRON's online activity has fallen without immediately affecting the price, indicating that traders may once again ignore this data. Bitcoin: What happened to the price in 2024 when Israel and Iran exchanged blows?

But, as the report notes, this situation can't last forever. Bottom line:

network activity is rebounding, confirming the strength of the price.

  transscreen.ru/en/news22790

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