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Tron network activity reaches historic peak, TRX price could increase by 570%
A post on X from CryptoQuant indicates a strong correlation between the number of daily active addresses on the Tron network and the price of TRX, as both reached all-time highs in the moving average indicator. According to Crypto Onchain, history shows that a significant increase in active addresses is often an early signal for the next bullish phases.
Tron (TRX) is a decentralized blockchain platform launched in 2017 that supports decentralized applications that (dApps) and operate under a DPoS consensus mechanism (ủy backed by phần) proof-of-stake. This mechanism is said to contribute to the growth of network activity and have a positive impact on price fluctuations.
The chart from the post shows that the price of TRX could reach the milestone of 1.84 USD, rising to the sky compared to the current level of 0.2718 USD according to data from CoinMarketCap — equivalent to an increase of about 570%. The main driving force is believed to come from the increased usage of the network and positive market sentiment in 2025.