TRX revenue hits 4-year low as $185 mln exits TRON – Is a deeper dump underway?

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.