TRON's Q3 Network Fees Hit $701M, Down 4% on the Quarter
• Self-reported State of TRON Q3 data: total fees of ~$701.4M, about $7.62M a day, -4% vs Q2 (per Crypto Briefing, Oct 20)
• Transaction counts were flat quarter-on-quarter; the growth headline comes from the year-over-year comparison
• The first US staked TRX ETF (TRXS) launched only on Sept 9, too late in the quarter to move the numbers
Falling fees while activity stalls is the weak spot in an otherwise upbeat report. The figures come from TRON's own governing body, so treat them as unaudited.
Not financial advice. DYOR.
@justinsuntron
• Self-reported State of TRON Q3 data: total fees of ~$701.4M, about $7.62M a day, -4% vs Q2 (per Crypto Briefing, Oct 20)
• Transaction counts were flat quarter-on-quarter; the growth headline comes from the year-over-year comparison
• The first US staked TRX ETF (TRXS) launched only on Sept 9, too late in the quarter to move the numbers
Falling fees while activity stalls is the weak spot in an otherwise upbeat report. The figures come from TRON's own governing body, so treat them as unaudited.
Not financial advice. DYOR.
@justinsuntron
