A new report shared by CryptoQuant reveals a sharp and sudden drop in TRON network activity — with daily transactions plunging from 9 million to 3.5 million in just a matter of days this June. Surprisingly, despite the massive drop in on-chain usage, TRX price remains stable around $0.27, raising critical questions about whether market optimism is ignoring an underlying slowdown.
Transaction Collapse: More Than Just Bots?
On low-fee networks like TRON, transaction volume is often inflated by automated bots, airdrop farming, or incentive-driven DApps. However, this time, the drop appears more systematic and sustained, not just a fleeting dip.
Analysts speculate several potential causes:
- Updated energy or bandwidth rules that limit low-cost interactions,
- The shutdown of a major DApp, reducing overall network load,
- Or user migration to more active networks like Base or Binance Smart Chain (BSC).
Regardless of the trigger, this is not business as usual for a chain once known for its consistently high transaction throughput.
Disconnect Between Price and Network Activity
Despite the drop in usage, TRX’s price has shown unexpected resilience, maintaining support near $0.27. Historical patterns show this isn’t the first time TRON’s on-chain activity has collapsed without an immediate impact on price — suggesting traders may once again be shrugging off the data.
But as the report warns, this disconnect can’t last forever. Eventually:
- Network activity rebounds, validating the price strength,
- Or TRX price corrects to reflect weakening fundamentals.
Conclusion: Silence Isn’t Always Golden
The sharp fall in transactions signals a meaningful shift in TRON’s ecosystem activity, even if the market hasn’t reacted — yet. For TRX holders, the message is clear: watch the chain, not just the chart. Because when it comes to crypto, silence often speaks loudest before a move.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/tron-transactions-plunge-60-but-trx-price-holds-firm-whats-behind-the-silence/