Based on the numbers of DappRadar, in November, the Tron reached the 150k daily active addresses. Despite this, the transacted volume decreased by more than 10%, to below 600 million USD. And there is evidence, the big growth in activity came only from two defi dapps.
The defi dapps are in the “high risk” category on DappRadar. Tron also experienced some really big exit scams, so we can’t say, they haven’t right. The activity could be a fundamental factor, but not in all cases.