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Sunday, June 15, 2025

Tron is Eating into Ethereum's Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival - Cryptonews

Tron is much cheaper to use than Ethereum and tends to handle many more transactions per day.
Layer 2 platforms will outcompete Tron because they boast several advantages Tron lacks.
"If Ethereum is able to significantly reduce gas fees in the near future, then yes, Tron could lose this advantage."
Overall network activity on Tron seems to be limited to transfers and their gambling applications.
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Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day.
The TRON blockchain was born by copying Ethereum, plagiarizing the Ethereum whitepaper word for word.
Now TRON is copying Luna's decentralized dollar. and faithful to its roots, the stages of the TRON stablecoin will be named Moon and Mars. Very original.
— Alex Krüger (@krugermacro) April 21, 2022
Yet in the past year or so, it has become an increasingly hard-to-ignore Ethereum (ETH) rival, exemplified by the fact that the...



Read Full Story: https://cryptonews.com/exclusives/tron-is-eating-into-ethereums-share-of-the-...

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