![Tron [TRX] retracement on the way? Memecoin mania lends support to price rally](https://statics.ambcrypto.com/wp-content/uploads/2023/05/AMBCrypto_an_image_of_horses_running_in_a_race_course_event._7008bbd4-62cc-467f-b722-7e0b21414c2d_1200x900.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.