TRX revenue hits 4-year low as $185 mln exits TRON – Is a deeper dump underway?
2025-07-02 19:12:34
Main Idea
TRON's (TRX) market performance is declining, with reduced revenue, stablecoin outflows, and increased sell pressure, signaling potential further price drops.
Key Points
1. TRX's revenue dropped to a four-year low, with only $114,000 generated in the past day.
2. Approximately $185 million worth of stablecoins exited the TRON network, reducing TRX's utility for facilitating transactions.
3. Daily transactions surged to 9.4 million, and on-chain participants increased, reflecting bearish sentiment.
4. Total Value Locked (TVL) on TRON-based protocols declined by 0.53% ($26 million outflow) in the past day.
5. Users are reluctant to hold TRX due to fear of potential losses, which could intensify a broader market sell-off.
Description
TRON activity remains sluggish and could negatively impact the token's price.
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