The TRX price fell to $ 0.2575 with a drop of 43 %from the 2024 summit to $ 0.2575, while the market value was approximately $ 22 billion. However, technical analysis and basic data show that TRX can recover and test the summit.

Weekly graphics indicate that Tron maintains a long -term rise trend. TRX managed to stay above the 50 -week moving average. This shows that confidence continues among investors.

The “falling wedge” formation created by TRX is defined by its two -down and convergent trend line. This formation usually results in a strong rise.

In addition, the Tron price created a “Doji” candlestick formation characterized by a small body and long top-bottom shadows. These two formations give a recovery signal for TRX in the coming weeks.

Tron draws attention as one of the most profitable Layer-1 networks in the crypto market. In the last six months, the network was produced in total by producing a total of $ 1.44 billion, Ethereum ($ 857 million) and Solana ($ 636 million).

This transaction fees are important for tron ​​owners because they are distributed as stinging rewards. Currently, TRON offers 4.5 %stinging return, while Ethereum’s stinging return is 3 %. This offers a more attractive opportunity for TRX investors.

Tron draws attention with the continuous decrease of circulating supply. TRX is one of the most deflationist tokens in the crypto industry with an annual deflation rate of 2.83 %. It is currently in the circulation of 86.14 billion TRx. This figure is less than 88.6 billion at the same date last year.

The reason behind this trend is that the amount of TRX burned is continuous than the produced amount. For example, last week Tron burned 7.7 million token, while only 5.06 million new token produced. This supply restriction can create a long -term pressure on the TRX price in the long term.

The Tron Network continues to increase the number of users rapidly. Currently, the tron ​​network has 165,17 million accounts. This figure was 114 million in the same period last year. This increase in the number of users shows that the adoption of the network increases rapidly.

Tron is one of the most preferred networks for TETHER (USDT) operations. Last week, the TRON Network carried out Tether transactions worth $ 156 billion. This figure points to an increase of 18 %compared to the previous day and reveals the size of Tron’s trading volume.

Technical analysis and basic data point to a strong recovery potential of Tron. The decreasing supply, high stinging return and the increasing user base mean that the TRX can re -test the 2024 summit. Tron continues to be an entity that needs carefully for both investors and traders.