TRON Active Addresses Hit All-Time High, TRX Up 11.55% Monthly

Generated by AI AgentCoin World
Thursday, Jun 5, 2025 9:22 pm ET1min read

TRON has achieved a significant milestone with its active addresses hitting an all-time high, indicating robust growth and increased network activity. This surge in active addresses suggests a strong network, with more users engaging in transactions and utilizing decentralized applications (dApps) on the

platform. The network's efficiency and affordability have made it a popular choice for stablecoin transactions, particularly USDT, which is transferred at a rate of $611 billion on the TRON network. This performance surpasses that of Ethereum in terms of large-scale transactions, attracting users worldwide.

Despite a slight daily depreciation of 0.16%,

has shown a monthly increase of 11.55%, reflecting a positive trend. The token's value remains down 36 percent from its peak of $0.43 in December 2023, but analysts predict that with increasing network usage, TRX could soon exceed this high and set a new peak. The higher number of active addresses, exceeding 2.4 million, indicates that TRON has dominated the crypto field, surpassing competitors like Ethereum and Solana.

TRX's price dynamics are influenced by its current performance and market trends. On June 5, 2025, TRX was valued at $0.2729, a 1.2% increase from the previous day. The token faces significant resistance at $0.278, and if this barrier is broken, TRX could target the $0.30 psychological level. However, if it fails to stay above $0.264, the price could drop to the $0.25 support level. TRON's market capitalization stands at $25.79 billion, placing it ninth among the largest cryptocurrencies.

The broader cryptocurrency sector's market capitalization has increased by 1 percent to $3.47 trillion, benefiting TRON due to its good network performance. Competition from other blockchains remains a consideration, but TRON's expanding ecosystem, which hosts thousands of dApps including DeFi and NFT platforms, supports its growth. The blockchain's ability to handle many transactions at low cost makes it popular among developers. Additionally, TRON's significant share of stablecoins and efficient transaction solutions make it attractive in emerging markets, further driving its market emergence.