NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Tron Hits Key Price Levels as Revenue and Adoption Soar: What’s Next?

Samuel Edyme
Samuel Edyme
8 months ago
3 mins read
Tron Hits Key Price Levels as Revenue and Adoption Soar: What’s Next?

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Despite broader bearish trends in the cryptocurrency market, Tron (TRX) has demonstrated resilience with notable growth in key metrics.

Recent analysis from CryptoQuant contributors sheds light on Tron’s expanding ecosystem and revenue surge, presenting a compelling case for its role in blockchain technology’s ongoing evolution.

One major highlight is the substantial increase in Tron’s daily on-chain revenue. According to the data shared by the analyst, Crazzyblockk, this rise has been driven by the network’s enhanced gas fee revenue and higher transaction volumes.

Additionally, Tron’s price movement appears to be now becoming interesting as it approaches critical support and resistance levels, which could dictate its near-term trajectory.

Related Reading

TRON Reclaims Its Crown with 43% Dominance in Altcoin Transactions

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

11 months ago

Daily Revenue Growth Reflects Network Utility

Tron’s daily on-chain revenue has grown by 119% since January 1, 2024, a metric closely tied to rising gas usage and increased transaction activity on its blockchain, according to CryptoQuant analyst Crazzyblockk.

Tron’s on-chain revenue.
Tron’s on-chain revenue. | Source: CryptoQuant

This surge as disclosed by the analyst highlights Tron’s scalability in “processing high transaction volumes” while maintaining “cost efficiency.” The revenue growth also highlights the network’s expanding adoption within the decentralized finance (DeFi) and smart contract ecosystems.

The network’s ability to generate substantial gas fee revenue serves as a benchmark for blockchain performance, with Tron’s figures signaling growing user engagement and utility. The analyst wrote:

The year-to-date revenue expansion signals increasing user demand and network utility, further solidifying Tron’s position as a leading blockchain for high-speed, low-cost operations.

Crazzyblockk also suggests that this trend reflects the network’s economic viability and its strengthening position among blockchains optimized for high-speed and low-cost operations.

Additionally, this development is especially significant as blockchain networks compete to attract developers and investors with notable decentralized applications. The analyst concluded by noting:

With this explosive momentum in daily revenue, Tron is setting a new standard for blockchain economic models. Investors, developers, and users alike should keep a close watch as this trend continues to reshape decentralized finance and smart contract adoption.

Tron Approaches Key Level

Meanwhile, from a technical perspective, Tron has reached a critical level near its 1-Year Moving Average (MA) plus two standard deviations, at approximately $0.25.

Tron (TRX) price chart on TradingView
TRX price is moving downwards on the 2-hour chart. Source: TRX/USDT on TradingView.com

Darkfost another CryptoQuant analyst warned that failing to hold this level could result in a decline to its 1-Year MA support of around $0.15. However, the analyst highlighted Tron’s ecosystem growth offers optimism for long-term investors.

Related Reading

TRON Founder Justin Sun Expected to Meet Trump as Potential Web3 Advisor

10 months ago

The network has seen notable activity, including a sharp increase in the USDT volume on its blockchain, which rose from $8 billion in early 2023 to $27 billion by late 2024.

Tron USDT colume on centralized exchanges.
Tron USDT volume on centralized exchanges. | Source: CryptoQuant

This growth points to strong adoption and an influx of capital into the Tron network. Additionally, metrics like the Moving Average Convergence Divergence (MACD) indicate that TRX was recently oversold, a condition that in the past has often preceded bullish momentum.

Featured image created with DALL-E, Chart from TradingView

Tweet123Share196ShareSend
Samuel Edyme
Samuel Edyme

Samuel Edyme

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Το Solana οδηγεί την κούρσα των meme coins – Τι κάνει το δίκτυο να ξεχωρίζει

Το Solana συνεχίζει να κυριαρχεί στον κόσμο των meme coins, μετατρέποντας την αγορά κρυπτονομισμάτων σε ένα είδος ψηφιακού καζίνο, όπου...

Ιωάννης Ριζόπουλος 1 week ago
stablecoins payroll

Stablecoins και μισθοί σε crypto: Πώς αλλάζει η παγκόσμια αγορά εργασίας

Η αγορά εργασίας παγκοσμίως αλλάζει, και μέσα στο νέο τοπίο που διαμορφώνεται τα κρυπτονομίσματα φαίνεται πως κερδίζουν σημαντικό έδαφος. Όλο...

Ιωάννης Ριζόπουλος 1 week ago
pepenode

Το PepeNode ξεπέρασε το $1,2 εκ. στην ICO – Μόνο 24 ώρες απομένουν για να μπεις στη χρηματοδότηση

Το PepeNode (PEPENODE), το πρώτο meme coin virtual mining game, ξεπέρασε τα $1,2 εκατομμύρια σε presale χρηματοδότηση. Το ορόσημο αυτό...

Ιωάννης Ριζόπουλος 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Sebastian Villafuerte 1 week ago

Tron Integration Marks Next Phase Of PayPal USD’s Multi-Chain Growth – Details

Sebastian Villafuerte 1 week ago
suncar crypto

Η SunCar επενδύει έως 10 εκατ. δολάρια σε κρυπτονομίσματα

Ιωάννης Ριζόπουλος 1 week ago

Premium Sponsors

Press Releases

  • dogecoin memecore

    Tại sao Dogecoin, MemeCore và Maxi Doge có thể là...

    2 weeks ago
  • Dự Đoán Giá Pepe

    Pepecoin tăng 20% | Điều gì đứng sau xu hướng...

    2 weeks ago
  • top 3 crypto

    XRP dự đoán đạt 30 USD, Solana có thể chạm...

    2 weeks ago
  • Bitcoin ponovno na 117.000 USD nakon smanjenja kamatnih stopa – Otvaraju li se vrata za kupnje dok Bitcoin Hyper ICO prelazi 16,5 milijuna USD

    Bitcoin ponovno na 117.000 USD nakon smanjenja kamatnih...

    2 weeks ago
  • 4 token, amelyek hatalmas növekedésre készülnek, hogy felülmúlják a Shiba Inu-t (SHIB) a következő bull runban

    4 token, amelyek hatalmas növekedésre készülnek, hogy...

    2 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.