Ethereum and Tron Dominate Blockchain Fees, Accounting for 88% of Total
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Ethereum and Tron accounted for 88% of all transaction fees over past year, with Ethereum at 57% and Tron at 31%.
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Majority of 200+ smart contract and PoS blockchains compete for just 12% of fees.
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Ethereum faces low fees but high demand in 2023, while Tron almost doubled Ethereum's trading activity in June.
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In first half of 2023, Ethereum generated $743 million in fees vs Tron's $282 million.
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Despite bear market, blockspace demand is in "long-term structural uptrend" according to analyst.