TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world.

According to data provided by Coingecko, from its $0.064 price on November 6, TRX went on a steady decline until it plummeted to $0.046 on November 14.

After that, the cryptocurrency managed to stage a rebound and continues to do a relatively good job at recovering its losses.

In fact, at the time of this writing, TRON has managed to tally a 19% jump from its November low, trading at $0.054.

Over the last two weeks, the digital asset seems to have found its groove as it continues to shake off the negative effects of both the crypto winter and the FTX collapse.

As another week came to a close, Tron blockchain, via Twitter, shared some important data pertaining to its performance for its community.

According to TRON DAO’s post, the project managed to add 1.75 million new addresses within the last seven days, pushing its total tally to 123.3 million accounts.

(By Christian Encila)