According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue is determined by multiplying the daily quantity of TRX burned by the closing price of TRX on CoinMarketCap.
On the same day, the Tron network burned a total of 12,622,236 TRX. This milestone essentially underscored Tron’s growing adoption and activity within its network, reflecting investor confidence and increasing utility.
The post Tron Fee Revenue Hits ATH $1.758M High: Data appeared first on CryptoPotato.
According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue is determined by multiplying the daily quantity of TRX burned by the closing price of TRX on CoinMarketCap.
On the same day, the Tron network burned a total of 12,622,236 TRX. This milestone essentially underscored Tron’s growing adoption and activity within its network, reflecting investor confidence and increasing utility.
The post Tron Fee Revenue Hits ATH $1.758M High: Data appeared first on CryptoPotato.