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TRON hits record on-chain activity but traders remain cautious, holding bearish positions on Binance.

Protocol Fundamentals
01 Jul 2026
AMBCrypto
View Source
Neutral
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TRON's blockchain saw a new peak with daily active accounts reaching 26.97 million and daily transactions hitting 385.77 million, signaling strong and sustained user engagement. Despite this fundamental strength, Binance traders remain cautious, favoring short positions with a Long/Short Ratio of 0.66, indicating more bearish bets than bullish. TRX price holds a critical support level around $0.314 but faces resistance near $0.332, with technical indicators showing weakening buying pressure. For TRX to rally, bearish sentiment among derivatives traders must ease, allowing price to challenge higher resistance levels.

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