Bitcoin

USDC

TRON

Coin

On February 20, TRON Network's fee revenue surged to $1.758 million, signaling a noteworthy achievement for the blockchain network.   
The burning of around 12,622,236 <a href="https://optimisus.com/news/crypto-news/tron-network-hits-170-million-active-addresses-demonstrating-growing-adoption/">TRX tokens</a>, a practice that eliminates transaction fees by destroying tokens, contributed significantly to this momentum and is consistent with TRON's deflationary model.   
TRON Network is ranked fifth among blockchain protocols based on its daily accrued revenue, following all-time revenue growth.   
With respective revenues of $12.06 million, $3.05 million, $3 million, and $1.66 million, Ethereum, Uniswap, Lido, and Bitcoin lead the group.   
Furthermore, the network is ranked second in terms of Total Value Locked (TVL) at $8.625 billion, behind Ethereum's $46.74 billion TVL.   
However, the recent announcement from Circle (USDC) changed the course of TRON. The stablecoin provider of the popular USD Coin (USDC) announced that it will stop supporting USDC on the Tron blockchain by February 2025.   
Circle advises customers to move their USDC holdings to exchanges that allow transfers to blockchains that are supported. 
The post <a href="https://optimisus.com/news/crypto-news/tron-network-reaches-1-758-million-in-fee-revenue-achieving-an-all-time-high/">TRON Network reaches $1.758 million in fee revenue, achieving an all-time high</a> appeared first on <a href="https://optimisus.com">Optimisus</a>.

TRON Network reaches $1.758 million in fee revenue, achieving an all-time high

Optimisus

Ďalšie články zverejnené 22. 2. 2024

Whooping 400 Million DOGE Suddenly Change Hands as Dogecoin Miners Make U-Turn

Binance Labs Invests in Renzo, EigenLayer's Restaking Hub

Bolt Nigeria urges FCT authorities to go after illegal e-hailing operators in Abuja

XRP Whales Shift 203 Mln Tokens Amid XRP ETF Buzz, What’s Next?

Ethereum Price Rally Gains Momentum for $4000, Here Why?

Investors who bought this token on Christmas sit on 4x gains but analysts call it the beginning o...

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!