Key takeaways
Tron is emerging as the preferred network for retail USDT transfers, with smaller wallets driving the action. While TRX’s price remains stable, rising usage could cause a longer-term breakout.
Tron [TRX] is quickly becoming the network of choice for everyday crypto users. 🤑
Smaller wallets are driving a wave of USDT transfers, and the number of active addresses has jumped to 2.48 million; the highest of any blockchain. 📈
What could it mean for TRX’s price? 🤔
Tron wallets power stablecoin moves
On the 30th of August, Tron proved once again why it’s the go-to network for retail investors shifting stablecoins. 🚀
Mid-sized wallets – Goblins (under $1M) and Sharks (under $10M) – were at the center of activity, handling 35% and 20% of all USDT transfers in their categories. 🐉🦈
Smaller players lean on Tron’s low fees and fast settlement to move funds off exchanges, often showing a cautious stance ahead of market shifts. 😅
Interestingly, this pattern wasn’t isolated. 🤨
It mirrored similar wallet behavior seen on the 26th, so there’s a broader trend. 📊
Tron leads the active addresses race
Building on this momentum, Tron is also topping the charts in active usage. 🏆
With 2.48 million active addresses, Tron ranks number one among all chains, ahead of giants like BSC, Solana, and even Ethereum. 👑
For investors, this is an obvious sign that the network’s effects are strengthening. 💪
TRX price holds steady
At press time, TRX traded at around $0.339, showing signs of consolidation after its mid-August rally. 🛡️
The RSI indicated neither overbought nor oversold conditions in play. Meanwhile, the OBV showed a lack of strong inflows or outflows. 🌀
Price action over the past week revealed lower highs, pointing to cooling demand despite Tron’s surge in active addresses. ❄️
Overall, TRX appears to be in a holding pattern. It remains to be seen whether heightened on-chain activity could provide the push needed for a renewed move upward. 🚀
Read More
- Clash Royale Best Boss Bandit Champion decks
- Mobile Legends November 2025 Leaks: Upcoming new heroes, skins, events and more
- The John Wick spinoff ‘Ballerina’ slays with style, but its dialogue has two left feet
- Stocks stay snoozy as Moody’s drops U.S. credit—guess we’re all just waiting for the crash
- Delta Force Best Settings and Sensitivity Guide
- Bentley Delivers Largest Fleet of Bespoke Flying Spurs to Galaxy Macau
- ‘Australia’s Most Sexually Active Woman’ Annie Knight reveals her shock plans for the future – after being hospitalised for sleeping with 583 men in a single day
- Steve McQueen on making WWII personal with ‘Blitz’: ‘It’s about us fighting ourselves’
- Clash of Clans: How to beat the Fully Staffed Challenge
- Clash Royale Furnace Evolution best decks guide
2025-09-02 07:08