Key Takeaways, or So They Say…
Ah, the grand TRON network, with its 60% fee cut, hath slashed its revenues with the grace of a clown tripping on stage. Yet, it remaineth a darling for stablecoin remittances, much to the amusement of the market. 🌟💰
Behold, on the 29th of August, the TRON [TRX] network, in a fit of generosity (or perhaps folly?), decreed a 60% reduction in transaction gas price. The energy unit price, once a lofty 210 sun, was humbled to a mere 100 sun, as noted by the wise sages at CryptoQuant Research. 🧙♂️📜
Lo, the gas price now standeth at its lowest since the year 2021. This act was performed to counter the rising on-chain costs, driven by the TRX price appreciation, a tale as old as time itself. ⏳📈
On the 8th of September, the average transaction fee plummeted to $0.59, a level not seen since the spring of 2024. Alas, with the fee drop came a drop in revenue, as total daily network fees fell from $13.9 million to a mere $5 million on the 7th of September. A tragedy, or so some would claim. 😢💸
Yet, another on-chain analyst, with an eye for the dramatic, observed that the 100-day moving average of block size climbed to its highest since July 2023. Ah, the block size, a measure of data and transactions, doth grow like a well-fed goose. 🦢📊
This growth, they say, is a bullish sign, indicating an organic rise in network usage. But pray tell, is it not also a sign of the network’s insatiable appetite for transactions? 🍽️🔥
Why Doth the TRON Network Flourish?
On the 12th of September, a user by the name of Darkfost (a name fit for a Shakespearean villain) pointed out an explosion of whale transactions (exceeding $100k) on the TRON network. These whales, it seems, accounted for a staggering 86% of the USDT transfer volume on that day. 🦈💦
This was no isolated incident, but rather an “institutional grade” affair, accompanied by rising network activity. The network, in its prime, processed 11 million transactions, nearing historic highs. A spectacle indeed! 🎪📈
Thus, the reasons for TRON’s growth appear to be rising public acceptance and its popularity as the primary stablecoin remittance layer, especially for USDT. A role it plays with the flair of a leading actor. 🎭✨
When compared to Ethereum [ETH], the difference in USDT transaction volumes is as clear as a summer’s day. TRON boasts an average USDT transaction size of $465 (7-day SMA), while Ethereum’s average is a mere $117. A tale of two networks, indeed. ⚖️💸
Moreover, the average transaction size on TRON hath remained steady, while on Ethereum it hath receded. This suggesteth that Ethereum is used for smaller transactions, likely DeFi-related and other payments. A humble role, compared to TRON’s grandeur. 🧑🌾🚀
In conclusion, TRON’s standing as the go-to network for stablecoin settlement is reinforced, and the market’s confidence in it is as unshakable as a Molière comedy. 🎭💪
Read More
- Brent Oil Forecast
- Silver Rate Forecast
- USD CAD PREDICTION
- EUR USD PREDICTION
- EUR NZD PREDICTION
- Gold Rate Forecast
- EUR ZAR PREDICTION
- EUR JPY PREDICTION
- RENDER PREDICTION. RENDER cryptocurrency
- EUR TRY PREDICTION
2025-09-15 04:16