Tron’s blockchain network has achieved a significant milestone by reaching $1.29 in monthly transaction fees, surpassing Ethereum and matching Bitcoin’s fee levels, reflecting its growing prominence in the crypto ecosystem.
The network’s cumulative transaction count has exceeded 14 billion, with a stable monthly average of 8.5 million transactions, underscoring sustained user engagement and robust on-chain activity.
According to COINOTAG sources, the rising fee revenue combined with increased TRX token burns is effectively reducing supply, thereby reinforcing Tron’s price stability and strengthening its long-term token economy.
Tron surpasses Ethereum in monthly fees at $1.29, matches Bitcoin’s fee level, and processes over 14 billion transactions, signaling strong network growth and tokenomics.
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Tron’s recent surge to a monthly average transaction fee of $1.29 marks a pivotal moment for the blockchain, positioning it alongside Bitcoin and ahead of Ethereum in fee revenue generation. This development highlights Tron’s increasing network demand and user activity, driven by enhancements in scalability and transaction throughput. The fee increase is not solely a result of network adjustments but also reflects a growing user base willing to engage despite higher costs, demonstrating the platform’s resilience and adoption momentum.
With over 14 billion cumulative transactions processed, Tron maintains a consistent monthly transaction average of 8.5 million, signaling ongoing network vitality. This high transaction volume directly contributes to the TRX burn mechanism, which permanently removes tokens from circulation. The burn rate accelerates in tandem with transaction growth, effectively tightening supply and supporting a healthier token economy. This deflationary pressure is a critical factor in enhancing TRX’s price stability and long-term value proposition.
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Source: https://en.coinotag.com/trons-monthly-fees-may-surpass-ethereum-and-approach-bitcoin-amid-growing-network-activity/