TRX Steadies at $0.29 as TRON Posts 2.9M Daily Active Users and Massive Stablecoin Volume

TRON has emerged as one of the most active blockchain networks globally, with TRX stabilizing at $0.29 amid massive network activity. The blockchain recorded an average of 2.9 million daily active addresses and processed $7.9 trillion in USDT settlements throughout the year.

The token currently trades at $0.2921, marking a 0.31% increase over the past 24 hours. However, TRX has declined 2.34% over the past week, pushing its market capitalization to approximately $27.66 billion.

TRX reached an all-time high of $0.4313 and now trades 32.14% below that peak. The cryptocurrency sits 16,120% above its all-time low of $0.001804, maintaining significant gains despite recent volatility.

Q4 2025 closed with strong network activity across TRON.

$7.9T in USDT settled over the year, 10.1M daily transactions on average, and 2.9M daily active addresses.

Dive into the full Q4 breakdown 👇 https://t.co/8LrzV96CN7

— TRON DAO (@trondao) January 30, 2026

Q4 marked the deployment of GreatVoyage-v4.8.1 (Democritus) on the Nile testnet. The upgrade introduced native ARM architecture support, optimized P2P synchronization, and EVM improvements through the SELFDESTRUCT update.

TRON Stablecoin Dominance Fuels Network Activity

CryptoQuant reported that USDT activity on the TRON network extends well beyond trading use cases. According to the firm, transfers below $1,000 account for roughly 60–74% of transactions during Asia and Americas trading hours, a pattern consistent with peer-to-peer payments and remittance activity.

It added that larger-value transfers tend to peak during EMEA hours, reflecting OTC and institutional participation, collectively underscoring broad, real-world adoption of USDT on TRON.

USDT on TRON is used beyond trading.

<$1K transfers make up ~60–74% during Asia & Americas hours, aligned with P2P payments and remittances.

Larger flows peak in EMEA hours, showing OTC and institutional activity, together highlighting broad, real-world USDT adoption. pic.twitter.com/FHmhXSsWcQ

— CryptoQuant.com (@cryptoquant_com) January 29, 2026

TRON commands $82.2 billion in USDT circulation, representing 42% of the global stablecoin supply. The network processed an average daily USDT volume of $23.86 billion during Q4.

The Abu Dhabi Global Market (ADGM) recognized TRON-based stablecoins as fiat-referenced tokens. This regulatory acknowledgment positions the network as a legitimate institutional payment rail.

Daily network metrics reached substantial levels, with an average of 10.1 million transactions processed daily. Peak activity hit 12.7 million transactions on October 28, while daily active addresses surged to 5.7 million on the same date.

6/ Daily network activity:

– Avg 10.1M daily transactions
– Peak: 12.7M on Oct 28
– Avg 2.9M daily active addresses
– Peak: 5.7M on Oct 28

Consistent high throughput supports CEX, DeFi, and gaming use cases at scale. pic.twitter.com/3gB12QCBLy

— Nansen 🧭 (@nansen_ai) January 29, 2026

Major cryptocurrency exchanges continue driving significant TRON activity. Binance recorded 43.6 million transactions in Q4, a 37% increase quarter-over-quarter, with 26.1 million users representing a 50% jump.

OKX processed 29.7 million transactions with 16.1 million users. Bitget posted 6.2 million transactions, surging 86% QoQ, while its user base grew 135.5% to 4.4 million.

TRON DeFi Ecosystem Records Triple-Digit Growth in Q4

The TRON DeFi ecosystem recorded substantial growth across multiple verticals. SunSwap processed 1.9 million transactions, representing a 116.02% increase quarter-over-quarter.

JustLend DAO maintained steady total value locked support throughout the quarter. Bridgers facilitated 859,101 cross-chain transactions with 313,557 unique users accessing the platform.

SunX, formerly SunPerp, emerged as TRON’s breakout derivatives platform. The protocol generated $410 million in volume during its “Trade to Earn” campaign and surpassed $9.5 billion in total volume by Q4 end.

USDT adoption metrics continued climbing, with 645,737 transactions recorded in Q4 2025, a 19% increase QoQ. User count reached 594,411, growing 18% from the previous quarter.

TRX Price Tests Key Support as Bearish Momentum Builds

TRX trades below the 20-day simple moving average at $0.3023, with immediate support at the lower Bollinger Band near $0.2864. The upper Bollinger Band at $0.3182 serves as key resistance.

The Vortex Indicator shows bearish momentum dominance, with VI- at 1.1601 significantly exceeding VI+ at 0.8436. This spread continues widening, confirming downward pressure.

Price action has formed lower highs from $0.32 to $0.31, testing critical support at the 0.618 Fibonacci retracement level around $0.29. A breakdown below $0.2864 would target $0.275, the 0.786 Fibonacci level.

Volume remains subdued at 229.8 million TRX, declining during the recent pullback. The Bollinger Bands are compressing after expansion, signaling an impending directional move.

Resistance levels stand at $0.3023, $0.3182, and $0.34-$0.36. Support zones include $0.2864-$0.29, $0.27-$0.275, and $0.26-$0.265.

Analysts identify the range between $0.27 support and $0.31 resistance as the key consolidation zone. A decisive break above $0.31 with volume could push prices toward $0.36.

Conversely, a breakdown below $0.27 with selling pressure raises downside risk toward $0.25. The short-term trajectory remains neutral to bearish until TRX reclaims the 20-day SMA above $0.30.