TRX Faces The Worst Q4 Decline Despite Historic TRON Network Growth

In December, the Tron network experienced a strong rise in user participation and trading activity, hitting record levels. New account sign-ups and active addresses also reached historic highs, showing growing interest in the network.

Still, TRX’s price has not reflected this momentum. As 2025’s fourth quarter wraps up, the token is undergoing its steepest quarterly fall since its debut.

Tron Network Growth Remains Strong

According to Tronscan, TRON’s total accounts rose 26.3% since January, hitting a record 355.4 million in December 2025. Daily account creation averaged over 240,000, highlighting steady engagement with the network even amid broader market volatility.

Active addresses have remained consistent, according to DeFiLlama, despite falling activity on other major blockchains. TRON’s decentralized finance ecosystem remains strong, with perpetual trading volumes reaching $1.1 billion on December 23 alone. This shows growing engagement from traders and developers, particularly in derivatives and leveraged trading.

TRON’s involvement in stablecoin issuance adds another advantage. The network now accounts for about 26% of the global stablecoin market, with a total capitalization of $80.842 billion. This makes TRON a key platform for digital dollar transactions and shows its use beyond short-term trading.

Why TRX Price Performance Falls Behind?

Despite the network’s growth, TRX has lagged in price performance. Since October, the token has lost over 16%, the weakest fourth-quarter performance since 2017, according to CryptoRank. This shows a gap between strong fundamentals and actual demand, where market sentiment has not caught up.

Analysts point out that TRX recently broke out of a falling wedge on the daily chart, a technical pattern often linked to potential bullish reversals. Some traders expect a 30 to 40% rally, but worries about centralization may hold back confidence.

$TRX Falling Wedge Upside breakout has been Confirmed in 1d Timeframe...

Expecting 30 - 40% Massive bullish Rally📈#TRXUSDT #TRX #Crypto pic.twitter.com/3ICN96ZHNx

— Clifton Fx (@clifton_ideas) December 23, 2025

Bloomberg reported that Justin Sun owns over 60% of TRX tokens, raising concerns about decentralization and risks in the network.

TRX’s challenges are even clearer when compared with other coins from Sun’s network. While TRX has seen modest gains since its ICO, other Sun-linked tokens have suffered heavier losses, underlining the difficulty of turning network growth into price gains.

One Founder, Many Tokens: Same Ending for Holders

Justin Sun Tokens: Same Story, Every Time

Look at the Numbers, Not the Hype.$TRX: ICO → ATH → Now = +14,600% → -36% (only Survivor)$BTT: -99.97% from ATH (basically dead)$SUN: -99.95% (Collapsed)$WIN: -96%$JST: -80%… pic.twitter.com/8RumWzl1hS

— Crypto Patel (@CryptoPatel) December 24, 2025

Market Outlook and Key Considerations

TRON’s rising user base and dominance in stablecoins point to potential long-term value, though TRX faces several obstacles. Broader market caution and centralization concerns continue to restrict its upside.

The broader picture is also important. TRON’s adoption appears driven by real engagement rather than speculation alone. Platforms built on TRON, particularly in DeFi and stablecoins, offer practical use cases that could support sustained growth if market sentiment eventually aligns with these fundamentals.

Ultimately, TRX is at a crossroads. The network has shown remarkable expansion, yet converting that into sustained price appreciation remains a key challenge.

What to Expect from TRX?

Near-term upside for TRX is likely to be limited due to centralization issues and cautious sentiment among investors. Even with increasing activity in DeFi and stablecoins, price recovery is likely to be slow.

In the longer horizon, continued expansion of TRON’s ecosystem and adoption of real-world use cases could support steadier growth. Keeping an eye on fundamentals alongside market sentiment will help identify possible opportunities.