![Tron [TRX] retracement on the way? Memecoin mania lends support to price rally](https://insights.cryptobasemarket.com/wp-content/uploads/2023/05/ambcrypto-an-image-of-horses-running-in-a-race-course-event-7008bbd4-62cc-467f-b722-7e0b21414c2d-1200x900-302256.png)
Tron’s development activity metric recently showed signs that activity is regaining after the previous downside seen since the last week of April. A stronger recovery backed by memecoin-related hype might be enough to also inject some investor excitement into TRX.
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