CryptoQuant points out a bearish divergence in TRON: the price has increased by 20%, while network activity has decreased by 21%


According to Gate News, April 23 — Cryptocurrency analysis firm CryptoQuant has identified a significant divergence in the TRON network: TRX price has risen 20% over 74 days, but on-chain indicators show a weakening fundamental.
From February 7, 2026, to April 21, 2026, the price of TRON (TRX) rose from $0.278 to $0.333.
However, during the same period, the number of active addresses on the network declined significantly.
Based on CryptoQuant's 7-day simple moving average (SMA-7), active addresses fell 21.13%, from about 5.3 million to below 4.2 million.
CryptoQuant describes this pattern as a “bearish divergence,” implying that the recent price rebound may lack strong fundamental support and could be driven by speculative buying.
The decline in user engagement indicates that the fundamental health of the TRON network may struggle to support the current price levels, suggesting the rebound could be fragile and increasing the risk of a price correction. #Gate13周年现场直击
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