TRON's token TRX has seen minimal price movement despite a surge in on-chain activity, with 5% gains over the past week and a 0.50% increase in the last 24 hours.
Daily transaction counts on the TRON network rose to over 9 million, with 2.7 million active addresses, largely attributed to stablecoin transfers.
A record high of $185 million worth of stablecoins has moved out of TRON, signaling users shifting to other chains with better rates and lower fees.
TRX's total revenue dropped to $114,000 in a day, reaching a four-year low, and total value locked on TRON protocols decreased by 0.50%, affecting lending pools and yield farms.