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TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%.
However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity.
An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake platform by contributor Darkfost, daily transaction volume on the TRON network has crossed the 8 million mark, a notable increase from earlier this year.
This growth in network transactions is considered a critical indicator of underlying demand and user engagement, which could influence market sentiment around the asset.
Transaction Volume and Address Activity Show Strong Network Engagement
Darkfost noted that TRON’s monthly average for daily transactions has seen consistent growth, with recent data showing a roughly 2 million increase in average daily transactions since February.
The network is now processing over 8 million transactions per day, marking a more than 30% rise over the past four months. Importantly, a large share of these transactions is occurring outside centralized exchanges, pointing to the growing utility of the blockchain for peer-to-peer transfers and decentralized application (dApp) usage.
This shift away from centralized platforms may reflect increased interest in TRON’s native ecosystem services and its competitive yield offerings.
As more users interact directly with the network, transaction-based liquidity grows, which can contribute to stronger economic activity across the TRON protocol. Darkfost emphasized that this trend of non-exchange transactions is a positive signal for the blockchain’s real-world usage and investor adoption.
TRON Active Address Metrics Reach New Highs
In a separate update, CryptoQuant analyst Cryptoonchain highlighted that both the 50-day and 100-day moving averages for active addresses on the TRON network have hit their highest levels to date.
This sustained rise in active wallet participation suggests a growing user base that is consistently interacting with the blockchain. While TRX’s price has not fully kept pace with the uptick in address activity, historical trends suggest that increased user engagement often precedes upward price movement.
The correlation between active address growth and price performance continues to be an area of interest. With momentum building across multiple on-chain indicators, there is a likelihood that TRON may be positioned for further gains if current trends hold.
CryptoQuant.com@cryptoquant_comJun 04, 2025Analysis of Daily Active Addresses and TRX Price on Tron Network – All-Time Highs in Moving Averages
“Historically, changes in active address trends tend to precede major price movements.” – By @CryptoOnchain pic.twitter.com/7QXqP6g1Gh
Featured image created with DALL-E, Chart from TradingView
Floki’s interview on Bloomberg's FintechTV can bring much attention. Pedro Vidal will talk about Floki’s growing ecosystem and the upcoming Valhalla mainnet launch. News shared in big interviews often creates stronger interest, which may cause prices to move higher, especially if the marketing campaign proves strong and new plans are revealed. However, if no new or exciting details are shared, the effect can be small. Large media exposure usually leads to more buyers, so this interview could be an important short-term price catalyst for FLOKI. Read the announcement here.
FLOKI@RealFlokiInuJun 05, 2025Don't miss the FintechTV floor interview on Bloomberg this Friday at 9:30PM PST — featuring Pedro Vidal, Floki's Community Relations Officer.
Pedro will talk about the expanding Floki ecosystem, including the upcoming Valhalla mainnet launch on June 30th, 2025.
This interview… pic.twitter.com/DhvOudumTl
A live AMA with Gate.io gives Bellscoin, Circuits of Value, and more a big chance to get attention. Because Bellscoin now connects with Litecoin and Dogecoin for merge mining, more miners and users may join. If many people learn about this during the AMA, interest can grow, and price may move up. But if questions from listeners are tough or bad news is shared, price may fall. Usually, AMAs bring short-term interest and sometimes price jumps, but lasting effects depend on news quality. See details on the AMA here.
Gate@Gate_ioJun 05, 2025Join us for a Live AMA on X with Bellscoin @Bellschain!
Now the Scrypt Titans Bellscoin, Litecoin & Dogecoin unite through merge mining!
6th June, 2025 3:30 PM UTC
Speakers:@adamamcbride @YarSawyer @lukewrightmain @uosofahmadi @MyDogeCEO
The listing of StablR Euro (EURR) on BingX with EURR/USDT pair may increase trading and bring more buyers. New listings often cause short price jumps because fresh traders now have access. Still, as EURR is a stablecoin linked to the euro, its price should not move sharply, since it is designed to stay equal to one euro. Instead, more attention may help its adoption and trading volume, but not cause big price changes. The event is positive for finding new users. See the listing details here.
BingX@BingXOfficialJun 05, 2025Pegged to the Euro, powered by code. $EURR is coming soon to BingX Spot. @StablREuro
Deposit Time: 2025-06-05, 12:00:00 (UTC+0)
Trading Time: 2025-06-06, 12:00:00 (UTC+0)
Withdrawal Time: 2025-06-07, 12:00:00 (UTC+0)
Listing details: https://t.co/sTetfxhdp6 pic.twitter.com/w1nPFsdYu4
A wallet believed to belong to Ogle, the pseudonymous crypto influencer and advisor to World Liberty Financial, has posted unrealized losses exceeding $100,000 after betting against the $TRUMP meme token, according to data tracked by Lookonchain.
Ogle reportedly opened a 10x leveraged short on $TRUMP at an entry price of $9.4, with a liquidation level set at $12.49. Although the meme coin briefly dipped below the entry point, it has since rebounded above that level.
$TRUMP is currently trading at around $9.8, down approximately 10% over the past 24 hours, according to CoinGecko data .
President Trump’s official coin dropped below $10.5 on Thursday afternoon following fresh legal drama and political heat.
World Liberty, strongly backed by the Trump family, including Donald Trump Jr. and Eric Trump, issued a cease-and-desist letter to Fight Fight Fight, the team behind the Official Trump coin, and to Magic Eden, over their development of an unaffiliated Trump-branded crypto wallet, per Bloomberg.
After the wallet’s existence surfaced, Eric Trump threatened legal action, making it clear the Trump family had no connection to the initiative.
While prior interactions had blurred the lines between Trump-themed crypto projects, the family now insists they have no involvement in the crypto project and teased that their official wallet is coming soon.
Bearish momentum intensified later in the day after President Trump publicly pushed back against Elon Musk’s criticism of the “One Big Beautiful Bill,” a piece of legislation Trump has championed.
Musk responded swiftly, disputing Trump’s statements and igniting what many are calling the most high-profile feud between two of the most influential figures in tech and politics.
Tensions between Trump and Musk spilled into the markets on Thursday, dragging down both traditional and crypto assets. Tesla shares plunged more than 15%, marking their worst single-day performance since September 2020, according to Yahoo Finance.
It wasn’t just $TRUMP and $TSLA feeling the heat. The broader crypto market took a hit, with Bitcoin briefly dipping below $101,000.
Ethereum fell by around 7%, Solana dropped 5%, and both XRP and BNB slid approximately 4% as risk-off sentiment spread.
On a day when most things fell apart, Fartcoin (FARTCOIN ) was an unexpected winner. The token soared over 10% after Coinbase put it on its listing radar.
Bored Apes creator Yuga Labs proposed discontinuing its ApeCoin DAO governance system to establish a new operating model for growing the Ethereum-based token Ape's ecosystem.
"ApeCoin DAO was a bold experiment, but one born of a different era," Yuga Labs CEO Greg Solano wrote in the Thursday proposal. "What started with promise has devolved into sluggish, noisy, and often unserious governance theater."
To salvage and advance the DAO's sole remaining merit — funding builders — Yuga Labs proposed replacing it with a new entity, ApeCo.
The transition aims to eliminate ambiguity in governance and focus resources on building the ecosystem's three core pillars, which are ApeChain, Bored Ape Yacht Club and Otherside. It also plans to empower "real" builders by setting milestone-based grants and tighter accountability.
Founded in 2022, the ApeCoin DAO launched ApeCoin on the Ethereum blockchain as an independent, decentralized entity that is separate from Yuga Labs, despite being connected to its ecosystem.
However, the DAO has since struggled to maintain apt governance operations that benefit the project as a whole. "[The DAO] has been nothing but a joke, and a drag on the entire ecosystem, pillaged and slow and inefficient and overpoliticized since inception, with unaligned bad actors and extractors everywhere," wrote X user @OGDfarmer. "It's clear that [Solano's] Yuga would be better stewards."
If the proposal is accepted, the ApeCoin DAO will be fully terminated, with all rights and powers of token holders related to governance and assets. It would also nullify previous ApeCoin Improvement Proposals (AIPs) and kill delegated authorities, working groups, elections, and forums.
Yuga's latest proposal met with mostly positive feedback in the ApeCoin forum. The proposal has been put to a vote on the forum. It is, however, for checking community sentiment and not an official vote.
Meanwhile, Yuga Labs recently sold off several popular NFT intellectual properties, including Moonbirds, CryptoPunks and Meebits, suggesting that the company is sharpening its focus on its core offerings.
ApeCoin's price has dropped 50% in the past year, currently trading at $0.70, according to The Block's price page. The token is down 97% from its all-time high of $26.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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