Tron recovery continues despite revenue declines, retail demand surges
Source: CoinWorld
Time: 2025-09-12 13:52:42
Tron (TRX) continued its fifth-day rebound momentum, with its share price rising nearly 1% due to growing retail demand despite a sharp decline in network revenue. Positions surged 2% to $476.95 million, with short liquidation reaching $245,750, and the long-to-short ratio rose to 1.0255. TRX is approaching the $0.3510 resistance level and may point to $0.3700 after the breakout. On-chain data shows that protocol revenue fell from more than $15 million at the end of August to $7.99 million.