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Tron’s [TRX] Stake 2.0 launch failed to meet expectations: Decoding why

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– TRON’s TVL has not increased much since the Staking 2.0 launch.

– Tron still remained the top blockchain by daily users, but revenue declined slightly.

Tron [TRX] posted its weekly highlights on 16 April, which mentioned all the notable developments of the week. Needless to say, the Stake 2.0 launch was the major event of the week.

🧐Check out #TRON Highlights from this week (Apr 8, 2023 – Apr 14, 2023).

🙌We'll update you on the main news about #TRON and #TRON #Ecosystem. So stay tuned, #TRONICS! pic.twitter.com/pjnQIBbfwU

— TRON DAO (@trondao) April 16, 2023

Realistic or not, here’s TRX market cap in BTC’s terms

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A few days after the launch, NOW Wallet integrated Stake 2.0, allowing users to stake TRX. Several expected TRON’s TVL to go up with the launch of Stake 2.0 as it brought flexibility to stakers. However, this does not seem to be the case, as its TVL did not increase much.

Source: DeFiLlama

Considering the added capabilities and features that Stake 2.0 brought, it was likely that more stakers would be interested in staking TRX. However, the opposite happened as the number of TRX holders declined sharply over the last week.

Source: Staking Rewards

As per TRON scan, the number of both TRX stakes and stakers declined sharply since the Stake 2.0 launch.

Source: TRONSCAN

According to Token Terminal, Tron was still sitting in the top position on the list of blockchains with the highest number of daily active users. However, the growth might have halted, as despite the increase in total accounts, active accounts have declined since 12 April. A marginal decline was also noted on the revenue front last week, which was a negative signal for Tron.

Source: Token Terminal

TRX also had a rough week as its price plummeted drastically on 12 April. The decline was caused when Binance revealed that TRX would be among the cryptocurrencies to be delisted from the exchange.

Nonetheless, TRX made a quick recovery, and at the time of writing, it was trading at $0.0664 with a market capitalization of over $6 billion. TRX’s burn rate, however, remained decent as the network burned 15,263,107 TRX on 16 April.

Source: Santiment

Thanks to the decline, negative sentiments around TRX were dominant in the market last week. During the price drop, TRX’s demand fell drastically in the derivatives market. It was good to see that later on, TRX’s demand went up, as evident from its Binance funding rate.

How much are 1,10,100 TRXs worth today?

A look at TRX’s Bollinger Bands revealed that the token’s price was entering a less volatile zone, increasing the chances of sideways price action in the near term.

The Relative Strength Index (RSI) was also resting just above the neutral mark of 50, giving a similar notion of dormancy. As per the MACD, the bulls and the bears were fighting to flip each other. It will therefore be intriguing to see who triumphs in the coming days.

Source: TradingView

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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