Markets· ★★★· bearish·

TRON network activity holds above 4.4M accounts, but Canary's TRX ETF demand stalls

  • —TRON averages about 4.41 million active accounts monthly, peaking at 4.84 million in mid-September
  • —TRONSCAN reports over 407 million accounts and 15.7 billion cumulative transactions
  • —Canary's TRXS ETF logged just $491,060 on September 15, with zero flows since
  • —Net TRX inflows to Binance hit $79.8 million on October 1, the highest since August 20
Why it matters: Weak ETF demand and rising exchange supply pressure TRX even as on-chain activity stays resilient.
Source: AMBCrypto