Tron’s Monthly Fees May Surpass Ethereum and Approach Bitcoin Amid Growing Network Activity
Main Idea
Tron has surpassed Ethereum in monthly transaction fees, matching Bitcoin's level, driven by robust transaction volume and a token burn mechanism that enhances TRX's value.
Key Points
1. Tron's monthly average transaction fee reached $1.29, surpassing Ethereum and matching Bitcoin's fee level.
2. Tron has processed over 14 billion cumulative transactions, contributing to its network vitality and TRX token burn mechanism.
3. The TRX burn mechanism permanently removes tokens from circulation, enhancing price stability and long-term value.
4. TRX is currently trading at approximately $0.3092, with a 1.40% decline in the past 24 hours but a weekly gain near 3%.
5. Tron's trading volume remains robust, exceeding $3.8 billion, reflecting its advancing network maturity.
Description
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