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
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Tron’s blockchain network
Latest News
- WLFI-Linked Ethereum Investment Highlights Growing Institutional Interest Amid Market Uncertainties2025-07-23 02:12:29
- SEC May Further Review Bitwise’s 10 Crypto Index ETF After Initial Staff Approval Pause2025-07-23 02:11:59
- Whale Alert: New Wallet Accumulates 33,644 ETH from FalconX, Now Holding $396M in Ethereum2025-07-23 02:11:23
- Skycorp Solar Group to Accept Ethereum Payments and Invest Strategically in Ethereum Starting August 12025-07-23 01:59:16
- Cardano (ADA) Shows Potential Bullish Momentum After Breaking Key Resistance Around $0.852025-07-23 01:58:44