@chaskin.eth
L1 fees don’t drive token value.
Tron users paid $2.8B in fees this year, more than 2x ETH. & it’s worth just 8% as much
The real driver? Being a long term reserve asset.
Fee burn is noise
tokenterminal.com/explorer/projects/tron/metrics/fees
tokenterminal.com/explorer/projects/ethereum/metrics/fees