yes, TRX is the crypto used in money transfers and is in demand due to low commission. The supply-demand curve always stays at the same level as it is only in demand for money transfers. one step forward one step back.
It's a shame the popular coin TRX failed to return to the ATH price after several times Bitcoin reached new ATH. I don't see many updates from TRX,
so investors may prefer other, much more promising projects. I agree a lot of people might just use TRX to move funds from one exchange to another.
Because TRX's transaction fees are indeed low, so the demand has not increased drastically like other popular coins. I see TRX won't go up too much
in price, although I admit TRX is a good project, but there are other projects that can generate bigger profits. So I decided not to invest in TRX for now.
one reason that is quite plausible because indeed they are not experiencing significant updates for now and tend to be monotonous with the projects they are doing so it is very natural that they can't touch their ath when bitcoin hits a new ath.
on the other hand, investors will not want something like this because they will consider this a waste of time and will definitely choose the potentially profitable ones.
this is a natural thing, as long as TRX has not improved their performance then maybe things like this with stagnant prices will definitely continue.