On February 12, 2025, the Tron (TRX) network reached a major milestone, surpassing 125 million addresses. This address has a certain balance, making Tron one of the largest blockchains with an active user base.
This growth shows an increment in the usage and adoption of Tron, which could impact TRX’s price and trading activity. This milestone also had a big impact on TRX trading.
After the announcement, TRX’s price jumped 3.5% in a few hours, reaching $0.243. At the time, TRX was priced around the same with a daily trading volume of $2.3 billion. A rising number of active addresses often means higher demand, which could lead to a price increase if the trend continues.
Trading activity also surged, with TRX/BTC volume rising 15% to 1,200 BTC and TRX/ETH volume increasing 12% to 5,000 ETH (Binance). These spikes show more traders are interested in TRX, which could lead to a short-term price boost. On-chain data also showed a 10% rise in active addresses, confirming increased network activity.
At the moment of the announcement, TRX’s technical indicators displayed a positive signal. Despite the recent spike, TRX’s Relative Strength Index (RSI) stood at 68, suggesting that the asset was not yet overbought.
Additionally, a bullish crossover was shown by the Moving Average Convergence Divergence (MACD), with the MACD line crossing above the signal line, indicating additional potential for higher price movement.
Furthermore, within the first two hours following the announcement, the trading volume for TRX/USD on well-known exchanges like Binance and Coinbase increased by 20% to $400 million (Source: Binance and Coinbase, February 12, 2025, 16:00 UTC).
The volume data and these technical indications point to the possibility that TRX may be about to enter a profitable trading phase, so traders seeking short-term possibilities should keep a careful eye on it.
