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[Analysis] "TRON Hits All-Time High in Network Fees... Positive Impact on Price"

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Doohyun Hwang
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  • TRON's network fees have reached an all-time high, which is expected to have a positive impact on its price.
  • CryptoQuant reported that the TRON network achieved over $200 million in fee revenue in October.
  • The surge in fee revenue indicates the rapid growth of the TRON ecosystem, which will have a positive impact on its price.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

TRON (TRX) has reached an all-time high in network fees, which is expected to have a positive impact on its price.

On the 27th (local time), 'Darkfost', a contributor to the on-chain data analysis platform CryptoQuant, stated, "The TRON network achieved over $200 million in fee revenue for the first time in October. This growth continued in November ($180 million)," he said.

He added, "The surge in fee revenue is a clear signal of the rapid growth of the TRON ecosystem," and "This will have a positive impact on TRON's price."

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