TRON appears to be mainly used by some exchanges and Tether to pump the market by printing Tether (likely with 0 backing). TRON had a good run, and was poised to overtake Polygon, but like Secret and Tomo, they never opened their bridge to all tokens, like Polygon did, so they lost TVL and fell behind. It is likely that now, TRON will never recover. I know that projects like 0xMR and ENJ that were planning to bridge to TRON were blocked. Maybe they didn't buy someone a free lunch, or maybe they are just incompetent.
TRON is only useful because of its ultra-low fees and fast settlement times. But the Blockchain lacks innovation compared to other leading chains on the market. As far as I know, development on the TRON project is little to non-existent. It's been nothing but hyped by Justin Sun himself for his own personal gain. Most of the dApps and tokens you see on the TRON blockchain are simply "copycats" of those available on the ETH chain. There's nothing new or innovative that would make you choose TRX over any other cryptocurrency on the market.
As long as TRON lacks behind other chains in this regard, it won't be going anywhere soon. I think that's the reason why prices have been relatively stagnant for the past few months. The TRON blockchain is far from dead because there are many validators (Super Representatives) and big exchanges supporting it. But I wouldn't use it as my main crypto of choice because of the reasons mentioned earlier. You're better off with BNB or Polygon since that's where the money is. Who knows what will be of TRX in the future? Just my thoughts
