Decoding how TRON [TRX] surpassed BTC, ETH in active address count

TRON’s total addresses increased by over 140,000 in the last 24 hours. TRX’s on-chain metrics suggested a further downtrend that can be expected in the near future. TRON [TRX] has managed to outperform the biggest cryptocurrencies in the world, including Bitcoin [BTC] and Ethereum [ETH], in terms of active addresses. While TRX’s active addresses reached […]

pointed out that TRON ranked second on the list of blockchains by revenue, only behind the king of altcoins.Though TRON’s performance has been commendable, the same can’t be said for its price, as its overall health has been quite concerning.tradingSantiment’s chart revealed that the coin’s demand fell by a large margin in the derivatives market as its Binance funding rate was down throughout the last week.

’s development activity also declined sharply. However, despite the negative price action, TRX’s weighted sentiment managed to recover slightly by registering an uptick on 26 March.Subscribe to get it daily in your inbox.

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