The Q4 report from Tron reveals a significant contrast between its thriving DeFi sector and subdued core network activity. Despite a remarkable 41% increase in Total Value Locked (TVL) in Tron’s DeFi space, securing the second position after Ethereum, the network experienced a slowdown in user growth. At the time of writing, TRX was trading at $0.1108 up 0.9% in the last 24 hours, and tallying a 3.6% increase in the last seven days, data from Coingecko shows. Related Reading: Solana Stablecoin Volume Reaches Record High Of $300 Billion In January Tron User Engagement Stalls Amid Market Upturn In contrast to the broader crypto market rally, Tron faced a peculiar deceleration in user expansion. Daily active addresses and new user creations both declined by 2%, raising concerns about Tron’s ability to attract and retain users during favorable market conditions. The number of new addresses created on Tron also fell by 2% to 185,000, intensifying worries about user engagement. Transaction Decline The decrease in user activity resulted in a 2.4% drop in transactions, averaging at 4.9 million daily. Messari, the on-chain analytics firm behind the repo ..
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