The TRX price continues to hold one of the strongest long-term uptrends in the crypto market, and fresh network data suggests the fundamentals haven’t weakened yet. While many large-cap altcoins are still struggling to reclaim momentum, is quietly expanding its dominance in stablecoin transfers and user activity, giving traders another reason to watch the chart closely.
Stablecoin Network Keeps Expanding Further
Today’s update from TRON highlighted how dominant the network has become for stablecoin payments.
As of June 30, nearly 93% of stablecoin transfer volume on TRON came from peer-to-peer transactions, underscoring the network’s role as a payment infrastructure rather than just a speculative blockchain. Meanwhile, TRON’s share of native USDT transfers below $1,000 increased from 43% to 52%, showing growing usage for smaller everyday transactions.
That trend matters. More peer-to-peer activity generally reflects broader utility rather than isolated whale transfers, suggesting network demand continues to broaden.
User Growth Keeps Pace With Solana
Onchain data highlights TRX network activity telling a similar story. Per data, TRON reported an average of roughly 3.5 million daily active users, putting it well ahead of Ethereum’s 532,000 while remaining close to Solana’s 3.8 million users.
Although user count alone doesn’t determine value, maintaining activity at this scale indicates that TRON continues attracting consistent on-chain participation as competition among Layer-1 networks intensifies.
TRX Technical Structure Still Favors Buyers
The TRX price action also remains constructive. Since mid-2025, the CMF has stayed above the zero line, indicating persistent capital inflows while helping TRX defend the $0.2650 support zone. The rally eventually reached $0.3745 in May 2026, and the broader weekly trend remains intact.
Momentum indicators including the MACD and Awesome Oscillator also remain above their respective zero lines, while TRX continues trading comfortably above its 20-week EMA near $0.3265.
If buying momentum continues alongside improving network activity, TRX price could attempt a move toward $0.4265 before challenging the $0.45 area. However, losing the current trend structure would likely delay that scenario despite the improving ecosystem metrics.