Tron coin and has recently been demonstrating signs of slowing down. This warrants the need to explore what has been happening behind the scenes and whether it is a trend that may impact long term performance.
For starters, Tron coin (TRX) has been restricted to a narrow range in the last 4 weeks. To put it into perspective, it only managed to achieve a 3.18% gain from its opening to closing price in May. Most of its top rivals managed significantly higher gains.
Tron coin has also kicked off May with the same trend indicating weak demand and sell pressure. It had a $0.24 press time price tag at and has been hovering within the same level for the last 2 weeks.
Tron price / source: TradingView
TRX’s sideways performance suggests that the coin has been struggling to attract investors. An unusual outcome considering that it previously managed to overcome the sell pressure observed in the first two weeks of April.
DEX Volume Takes a Dive as On-chain Activity Cools Down
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We współpracy z: https://www.thecoinrepublic.com/2025/05/04/is-tron-coin-slowing-down-sharp-dip-in-dex-volume-raises-concern/
