TL;DR
- TRON surpassed 4.59 million active accounts in January, posting nearly 36% monthly growth driven by on-chain metrics.
- TRX trades at $0.2945, down 0.4% over the past 24 hours; volume fell by nearly 20% to about $445 million, while market capitalization stands near $28 billion.
- Price remains within the $0.29–$0.295 range. The $0.285–$0.295 zone is acting as structural support.
TRON recorded a sharp increase in on-chain activity throughout January. According to Lookonchain data, the network exceeded 4.59 million active accounts, with monthly growth close to 36%. The jump translated into a higher number of transactions, wallet interactions, and smart contract usage. The network remains focused on payments and stablecoin transfers, one of the ecosystem’s core historical use cases.
According to the latest data from CoinMarketCap, TRON (TRX) is trading at $0.2945, posting a marginal 0.4% decline over the past 24 hours. Daily volume fell by nearly 20% to around $445 million. Market capitalization stands at close to $28 billion, with an approximate circulating supply of 94.7 billion TRX.
TRX price remains within a key support zone. On short-term charts, TRX is trading around the $0.29–$0.295 range, a level defended across several consecutive sessions following a pullback from the $0.30–$0.31 area. The decline followed a local high between $0.318 and $0.320, recorded earlier in the month. Volume accompanied the move lower without abrupt spikes.
TRON Leaves a Descending Structure Behind
On higher timeframes, TRON moved out of a descending structure that had capped price action for several months. The reclaimed zone spans roughly from $0.285 to $0.295, aligning with current technical levels. Below that, the $0.275–$0.28 area stands as a prior reference within the consolidation range observed during December and early January.
The combination of on-chain metrics and market structure shows a network with rising activity while TRX price remains confined to a tight range. The number of active accounts places TRON among the most-used blockchains on a daily basis. The network continues to process a high volume of stablecoin- and payment-related transactions, with an expanding user base.
TRON’s behavior reflects price stability around clearly defined technical levels alongside sustained growth in internal network activity
