Discover the remarkable growth of Tron network and its impact on transaction fees and token price.
The blockchain network Tron has achieved a significant advancement in the digital currency market, setting a new record in transaction fees. According to CryptoQuant data, Tron recorded over $200 million in transaction fees in October and continued this trend in November with $180 million. The average size of USDT transactions on this network has also increased from $4,273 in June 2023 to $9,718 in December 2024, indicating increased institutional investor participation in the Tron ecosystem. These advancements led to a 4% increase in the price of the native token of the Tron network (TRX), which has now reached $0.262.
