TRON: Block producers' revenue plunges after fee cut…64% decline in 10 days

Suehyeon Lee

Summary

TRON (TRX)'s recent fee cut has reportedly dealt a heavy blow to block producers' profitability.
TRON block producers' daily network fee revenue recently fell to $5 million, marking the lowest in a year.
This represents a 64% drop in just 10 days from the $13.9 million revenue the day before the fee cut.

TRON (TRX)'s recent fee cut has reportedly dealt a heavy blow to block producers' profitability.

According to a CryptoQuant report cited by Cointelegraph on the 13th (local time), TRON block producers' daily network fee revenue was $5 million, marking the lowest in a year.

This is a 64% plunge in just 10 days from the $13.9 million revenue the day before the fee cut.

TRX