🪙 TRON has grown by 16% in a day and reached its ATH
It is interesting that the main driver of the TRON blockchain growth at the time was the gigantic commissions in Ethereum, reaching hundreds and even thousands of dollars per transaction.
Most USDT transfers between ordinary users flowed into the Tron network - it was valued for fast and very cheap transactions (less than 1 cent) - services followed the users into the network: exchanges, wallets, bots in Telegram.
And here lies the ingenious scheme. Large services are forced to purchase TRX to optimize commission costs. By freezing TRX on their balance, companies receive energy that allows them to conduct transactions with virtually no commission - this is especially beneficial for custodial services that carry out many transactions with USDT. Many of them eventually became forced holders of TRX for tens of millions of dollars.
As a result, the TRX rate is now growing steadily, as is the popularity of the blockchain and the number of blocked coins. This all becomes a vicious circle where new users get USDT on the most popular network and are forced to regularly buy TRX to pay fees.