Tron’s recent on-chain surge is driven by renewed whale activity and increased retail accumulation: large USDT transfers (> $100k) now dominate network volume, while active accounts and daily transactions have jumped, supporting TRX’s move from $0.29 to $0.35 and potential upside to $0.40.
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Whale dominance: USDT transfers over $100k accounted for ~86–98% of Tron volume recently.
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Network adoption: Total active accounts reached ~298.6M and 30D active accounts 15.5M (Dune, TradingView).
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Buy pressure: 24h Buy Volume ~218.9M vs Sell ~153.9M; Buy-Sell Delta ~64.9M, signaling retail accumulation (Coinalyze).
Meta description: Tron whale activity lifts TRX as large USDT transfers dominate network volume; active accounts and buy pressure rise — read the latest on-chain analysis.
What is driving the recent Tron (TRX) surge?
Renewed whale inflows and rising retail accumulation are driving the TRX uptick. Large USDT transfers (> $100k) now account for the majority of Tron volume, while active accounts and daily transactions have climbed sharply, creating sustained demand that has pushed TRX from $0.29 to $0.35.
How dominant are whales on the Tron network?
On-chain analytics show a clear shift toward large transfers. CryptoQuant data indicated that USDT transfers above $100k made up roughly 86% of Tron’s USDT volume on key recent days, with peak dominance near 98% on some dates. These levels mirror institutional or whale-driven patterns previously seen in 2023.
Key Takeaways
- Whale activity: Large transfers dominate volume — a strong signal of institutional interest.
- Network growth: Active accounts and daily transactions have increased markedly, supporting usage-driven valuation.
- Retail accumulation: Buy volume outpaced sell volume in the last 24 hours, indicating broad-based demand.
Since hitting a low of $0.29 a week ago, TRX has traded inside an ascending channel, surging ~7.09% to $0.355 before a mild retrace to $0.352 at press time. Increased whale flows and higher on-chain participation coincide with this price action, reinforcing the recovery.
Why are on-chain metrics strengthening?
Multiple on-chain indicators point to greater usage. Dune Analytics reports Total Active Accounts near 298.6 million and 30-day Active Accounts at 15.5 million, while daily transactions have climbed from ~4 million in 2023 to ~11.4 million today. Higher transaction and user counts typically correlate with stronger network fundamentals.
Summary comparison
| Metric | Recent Value | 2023 Baseline |
|---|---|---|
| Total Active Accounts | ~298.6M | — |
| Active Accounts (30D) | 15.5M | — |
| Daily Transactions | ~11.4M | ~4M |
| 24h Buy vs Sell Volume | 218.89M vs 153.9M | — |
How are retail investors behaving?
Retail participation has accelerated alongside whales. Coinalyze data shows a 24-hour Buy Volume of ~218.89M versus Sell Volume of ~153.9M, producing a Buy-Sell Delta of ~64.9M. That pattern reflects sustained buying pressure among smaller holders and supports the price rebound.
What do technical indicators say about TRX momentum?
TradingView shows the RSI around 58, entering bullish territory, while Stochastic RSI climbed to ~99, signaling overbought conditions. This combination suggests strong upward momentum but warns of potential short-term volatility as buyers push prices higher.
How to interpret Tron whale signals (HowTo)
Frequently Asked Questions
Are whales responsible for the majority of Tron’s USDT volume?
Yes. Recent on-chain data shows USDT transfers over $100k accounted for roughly 86%–98% of Tron’s USDT volume on peak days, indicating whale or institutional-led flows.
Will increased active accounts permanently raise TRX’s price?
Higher active accounts and transactions strengthen fundamentals but do not guarantee permanent price increases. They improve usage-driven value potential, which historically supports higher prices if activity sustains.
How risky is buying TRX now?
Momentum is positive, but Stochastic RSI near 99 signals overbought conditions. Traders should manage risk and consider volatility even as network metrics improve.
Transactions worth $100k on Tron network surges to 98%, reaching a 2-year-high. TRX is experiencing strong demand from both whales and retail, setting the altcoin for a potential rally to $0.4.
Since hitting a low of $0.29 a week ago, Tron [TRX] has traded within an ascending channel. Over this period, the altcoin surged 7.09% to a local high of $0.355 before slightly retracing to $0.352 at press time.
Amid this price uptick and market rebound, investors, especially whales, have staged a strong comeback in the market.
Whales are back on Tron
According to CryptoQuant analysts Darkfost, USDT transfers over $100k have recently dominated Tron’s network activity.
On the 13th of September, 86% of all USDT transaction volume on Tron was driven mainly by large transfers.
Source: CryptoQuant
Typically, such a high level of dominance indicated whale or institutional-level transactions, levels last witnessed in 2023.
Significantly, the massive uptick in large transfers was mainly driven by the recent introduction on the Nasdaq. This resulted in higher institutional interactions and higher-level flows into the Tron Network.
On-chain activity strengthens
Significantly, amid rising whale activity, Tron’s network activity surged as well, indicating increased participation across all participants.
According to Dune, Tron’s Total Active Accounts surged to 298.6 million, with Active Accounts (30D) rising to 15.5 million, as of writing.
Source: Tradingview
Such a spike in the number of active users reflects growing adoption and overall network usage. On top of that, the Tron network has recorded significant growth in the number of daily transactions. In fact, transactions on the Tron network have grown from 4 million in 2023 to 11.4 million today, reflecting a sustained network usage rate.
Typically, when these two metrics rise in tandem, it means that Tron’s performance is backed by strong usage, a setup that historically leads to higher value.
Retail investors are not left behind either
Notably, just like whale activity intensified, Tron recorded significant activity from small-scale investors.
According to Coinalyze, Tron’s native token TRX has recorded sustained buying pressure over the past five days.
Source: Coinalyze
In fact, at the time of writing, Tron saw 218.89 million in Buy Volume compared to 153.9 million in Sell Volume over the past day. As a result, the altcoin recorded 64.9 million Buy Sell Delta, a clear sign of aggressive retail accumulation.
Historically, increased accumulation during price discovery phases has resulted in higher prices for an asset.
What about TRX?
According to COINOTAG’s analysis, TRX has benefited extensively from increased whale activity on the Tron Network.
As whales returned to Tron, TRX recorded sustained demand, with buyers dominating the market.
Equally, the increased activity has coincided with TRX bouncing back on its price charts, rising from $0.29 to $0.35, reflecting strong demand.
Source: Tradingview
At press time, TradingView data showed strong buying pressure, with the Relative Strength Index (RSI) climbing to 58, just entering bullish territory. Meanwhile, the Stochastic RSI surged to 99, signaling an overbought condition.
When momentum indicators like these hit extreme levels, especially with a rising RSI, it typically points to strong upward momentum, but also hints at potential volatility ahead.
Conclusion
Tron’s recent strength is fundamentally backed by whale-led USDT flows and broad-based retail accumulation. Elevated active accounts and transaction volumes confirm rising network usage, supporting TRX’s recovery from $0.29 to $0.35. Monitor whale transfer dominance, buy-sell delta, and momentum indicators to assess next moves and risk management.
