- Tron outperformed the rest of the top blockchain cohort in terms of transaction efficiency.
- TRX has shown signs of a potential pivot as bears lose momentum and whales pile on.
TRON(TRX) has become the blockchain network with the highest transaction value among its major peers. Recent analysis indicates that Tron ranks first in terms of profitability.
According to CryptoQuant, Tron had the highest transaction-to-price ratio (TPR). This metric compares the total value of daily transactions to the price of the network’s native cryptocurrency.
Tron’s TPR has outpaced major blockchain competitors including Bitcoin (BTC), Ethereum (ETH), and Toncoin (TON).
This transaction efficiency has had a positive impact on the Tron network. The number of daily transactions increased from 3.4 million to 10.47 million over the past 12 months.
Source: In the block
In the short term, daily transactions on the Tron network increased from 6.09 million on January 12 to 8.37 million on January 20. This rise reflects recent market enthusiasm, demonstrating Tron’s ability to capitalize.
Tron network fees declined slightly in 2024 after reaching impressive levels earlier in the year.
For example, daily fees fell below $6 million in late December as the downward momentum of Q4 2024 waned.
source: DeFiLlama
Tron fees jumped to $11.49 million on January 20, reflecting the recent surge in transactions. TVL releases have also stabilized over the past six weeks.
TRX Consolidates, But Can Bulls Profit?
The bearish momentum experienced by TRX since the beginning of December is finally showing signs of withdrawal. The price fell 51% from its peak in December 2024 to its lowest price of $0.21 on January 13.
It has consolidated since then, with a slight upside from its price of $0.24 at press time.
Source: TradingView
Its RSI showed a pivot, indicating bullish momentum. Coinglass has noted an increase in inflows since mid-January. Although capital outflows persisted, capital inflows offset the selling pressure.
This resurgence in demand coincided with a slowdown in selling pressure. TVL showed positive flows, a slight increase in volume and a slight increase in open interest.
Read TRON (TRX) Price Prediction 2025-26
Could these observations signal a turning point to come? Historical concentration data revealed that whale stocks increased from 56.43 billion TRX on January 1 to 56.89 billion TRX on January 20.
This indicates that the whales bought the dip. While this hasn’t fueled a major rally, it’s a healthy sign for the bulls.
