In the evolving cryptocurrency market, Tron (TRX) has outpaced Ethereum (ETH) in weekly fees, becoming the leader among major blockchains.
Tron's Fee Surge: New Transaction Records
Tron (TRX) has surpassed Ethereum in total weekly network fees, generating $13.09 million over seven days, the highest among top Layer 1 chains. On May 31, Tron led daily activity with $1.52 million in fees compared to Ethereum’s $904,831 and Solana’s $795,688. According to Kong Trading, from May 25 to May 31, TRX’s daily fees peaked above $2 million multiple times, indicating that transactional demand on Tron has become structurally dominant among its peers.
Ethereum and its Layer 2 Growth
While Tron leads in raw fee volume, Ethereum remains a foundational force in ecosystem scaling. As reported by Ted, Ethereum recorded 17.4 million weekly transactions as of June 1, with Layer 2 networks like Arbitrum and Optimism handling 88% of that activity. This reinforces that bulk of engagement is migrating to faster, lower-cost chains while Mainnet provides critical finality.
Solana Secures Third Place in Fees
Solana recorded $7.14 million in weekly fees, placing it third behind TRX and ETH, ahead of Bitcoin. Currently, SOL trades at $161.37 with a 4.88% daily gain, indicating resilience amid fluctuating fee volumes and growing developer activity.
The current landscape in the cryptocurrency market showcases how Tron successfully competes with other networks like Ethereum and Solana, underscoring the importance of technological infrastructure for ongoing growth and user engagement.
