"Ethereum Trading Fee Revenue Surges After Trump Election... Toconomics Strengthened"

Donald Trump, the former President of the United States, was re-elected, and it was reported that the trading fee revenue of Ethereum (ETH) surged. According to CoinDesk on the 2nd (local time), a report stated, "After Donald Trump's election victory, the trading revenue of Ethereum blockchain surged," and "the amount of Tether (USDT) within the Ethereum network exceeded the supply of TRON (TRX) for the first time in two years." The report stated, "Such changes bring higher staking rewards, leading to more Ethereum being burned through trading fees," and "Toconomics is strengthened, making Ethereum an even more attractive investment asset." It continued, "The daily trading volume of Ethereum Layer 2 is also increasing," and "the increase in trading volume is expected to continue for the time being."