After a strong debut rally to $0.11, SOPH price has retraced nearly 50%, with technicals signaling further downside. Launched on 28 May, Sophon (SOPH) price rallied hard on the launch day, surging from $0.030 to $0.1108. However, it has since…

Sophon crypto sheds 50% from post-launch peak as bearish momentum builds

TRON (TRX) has experienced relatively stable price movement over the past 
week, fluctuating within a narrow range between $0.276 and $0.272. At the time 
of writing, the token is trading at $0.2729, reflecting a weekly decline of 
approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX 
gaining nearly 12% over the past month, indicating growing market interest 
amid a backdrop of increased on-chain activity. An assessment of TRON’s 
network-level data suggests the blockchain is experiencing a surge in usage. 
According to a recent analysis published on CryptoQuant’s QuickTake platform 
by contributor Darkfost, daily transaction volume on the TRON network has 
crossed the 8 million mark, a notable increase from earlier this year. This 
growth in network transactions is considered a critical indicator of 
underlying demand and user engagement, which could influence market sentiment 
around the asset. Related Reading: TRON Activity Hits All-Time High, Is a TRX 
Price Breakout Coming? Transaction Volume and Address Activity Show Strong 
Network Engagement Darkfost noted that TRON’s monthly average for daily 
transactions has seen consistent growth, with recent data showing a roughly 2 
million increase in average daily transactions since February. The network is 
now processing over 8 million transactions per day, marking a more than 30% 
rise over the past four months. Importantly, a large share of these 
transactions is occurring outside centralized exchanges, pointing to the 
growing utility of the blockchain for peer-to-peer transfers and decentralized 
application (dApp) usage. This shift away from centralized platforms may 
reflect increased interest in TRON’s native ecosystem services and its 
competitive yield offerings. As more users interact directly with the network, 
transaction-based liquidity grows, which can contribute to stronger economic 
activity across the TRON protocol. Darkfost emphasized that this trend of non- 
exchange transactions is a positive signal for the blockchain’s real-world 
usage and investor adoption. TRON Active Address Metrics Reach New Highs In a 
separate update, CryptoQuant analyst Cryptoonchain highlighted that both the 
50-day and 100-day moving averages for active addresses on the TRON network 
have hit their highest levels to date. This sustained rise in active wallet 
participation suggests a growing user base that is consistently interacting 
with the blockchain. While TRX’s price has not fully kept pace with the uptick 
in address activity, historical trends suggest that increased user engagement 
often precedes upward price movement. Related Reading: Analyst Explains Reason 
Behind Tron Price Sluggishness — Are TRX Bears Now In Control? The correlation 
between active address growth and price performance continues to be an area of 
interest. With momentum building across multiple on-chain indicators, there is 
a likelihood that TRON may be positioned for further gains if current trends 
hold. Analysis of Daily Active Addresses and TRX Price on Tron Network – All- 
Time Highs in Moving Averages “Historically, changes in active address trends 
tend to precede major price movements.” – By @CryptoOnchain 
pic.twitter.com/7QXqP6g1Gh — CryptoQuant.com (@cryptoquant_com) June 4, 2025 
Featured image created with DALL-E, Chart from TradingView

TRON Surges Past 8 Million Daily Transactions as TRX Holds Above $0.27

Ukrainian law enforcement recently arrested a 35-year-old man accused of 
hacking over 5,000 customer accounts of a hosting company to mine 
cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software 
to Remotely Manipulate Servers Ukrainian cyber police officers and 
investigators from the Zaporizhia region recently arrested a 35-year-old man 
accused of hacking over […]

Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining

Trump Media &amp; Technology Group, the parent company of Truth Social, has filed 
a Form S-3 registration statement with the U.S. Securities and Exchange 
Commission following a $2.3 billion raise to build one of the largest Bitcoin 
treasuries. The registration,…

Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury

The fallout highlights the volatility and interconnectedness of crypto and 
traditional markets, emphasizing the risks of speculative trading.
The post World Liberty advisor faces six-figure loss after shorting $TRUMP on 
Trump-Musk fallout appeared first on Crypto Briefing.

World Liberty advisor faces six-figure loss after shorting $TRUMP on Trump-Musk fallout

Russia is entering the cryptocurrency derivatives market, as the Moscow Stock 
Exchange kicked off bitcoin futures trading on June 4, limited exclusively to 
“highly qualified” investors. This move comes as Russia cautiously experiments 
with crypto-related financial instruments, amid ongoing regulatory 
uncertainty. These new contracts are linked to Blackrock&#8217;s bitcoin exchange- 
traded fund (ETF), the Ishares Bitcoin […]