TRON outpaces Ethereum on 2 fronts – What’s next for its price?

Source of this Article
AMB Crypto 9 months ago 147

  • USDT ($1.00) on TRC-20 total transfers hit 22 billion, outstripping ETH ($3,448.11)’s ERC-20 USDT at 2.6 billion.
  • TRON ranked top among L1 blockchains by fee generated over the last six months

A comparative analysis of TRC-20 and ERC-20 USDT clearly showed TRON’s dominance in transaction volume since 2021. TRC-20 USDT transactions spiked, hitting 22 billion, while also dwarfing ERC-20’s 2.6 Billion.

This trend was consistent where TRC-20 showed peaks far exceeding those of its Ethereum counterpart.

Significant spikes in TRC-20 activity, especially noticeable in mid-2024, emphasize TRON’s advantage in terms of lower fees and faster processing times, attracting more users and exchanges for stablecoin transactions.

TRON



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet