Trx Price 16% Down, Worst Q4 Despite Tron Network User Growth

In December 2025, the TRON Network achieved an impressive milestone with its total number of accounts hitting a new all-time high. Despite this growth in user participation and network adoption, the TRX token is facing a sharp price decline, marking the worst fourth-quarter performance since its inception.

TRON Network Continues Expanding Despite Market Slowdown

As the data provided by the Tronscan shows, TRON has experienced an impressive 26.3% growth rate in 2025, and the total number of accounts has reached 355.4 million at the end of December. This increase is a sign of new users, as more than 240,000 new accounts are being created daily. Additionally, DeFiLlama report shows the number of active addresses on the TRON network did not decrease and was observed to be constant even when the entire cryptocurrency industry experienced a lack of user engagement.

TRON’s Dominance in Stablecoins and Derivatives Trading

One of the most significant advantages of TRON is that the company dominates the stablecoin market. According to DeFiLlama, the network now represents 26% of the stablecoin market, with a stablecoin market capitalization of $80.842 billion. Moreover, derivatives trading increased in TRON, as the volume of perpetual contracts reached 1.1 billion on December 23, signaling that people were becoming more interested in leveraged trading on the platform.

Perpetual Volume and Active Addresses on TRON. Source: DeFiLlama

TRX Token Performance Faces Major Decline

Despite TRON’s impressive network expansion, the growth has not been reflected in the TRX token. CryptoRank data shows that TRX has lost more than 16.2% of its value since October, and it is the worst fourth-quarter fall of the token since 2017. One market analyst pointed out, “TRON is presenting a clear fundamentals-vs-price divergence. Network adoption is growing, but token demand has yet to follow. A classic case where fundamentals strengthen first, while price waits for confirmation.”

At the press time, TRX has recorded a decline of 0.096%, currently trading at $0.27 and still in a downward trend despite the increasing adoption of networks.

TRX Price Performance. Source: BeInCrypto Markets

Possible Recovery for TRX? 

Although the price of TRX has been decreasing steadily, there are some analysts who believe that it can still recover. A market analysis shows that TRX has developed a falling wedge formation on the daily chart, which is usually an indicator of a bullish reversal. The analyst projected that the future may bring optimism, as he said that he expected a massive bullish gain of 30-40%.

Concerns Over Decentralization and Centralization of TRX

Although there are these positive indicators, TRX has serious decentralization issues. According to a report by Bloomberg, the real decentralization of the network is questionable, as Justin Sun owns more than 60% of TRX tokens. This centralization of control has been compared by critics to centralized systems, which is the opposite of the ethos of cryptocurrency.

Moreover, although TRX has withstood the storms in the market since its ICO, other tokens in the ecosystem of Sun have been hit hard. These centralization fears could still be a burden to the future of TRON.

Conclusion: Can TRON’s Fundamentals Catch Up to Its Price?

By 2026, the network of TRON will be even larger, and its influence in the market of stablecoins and derivatives will increase. Nevertheless, it is still unclear whether the price of TRX will be adjusted later to the growing adoption. As the issue of decentralization is still evolving and market pressure persists, the future performance of TRON is one that can be observed in the next few months.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.