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by qeternity
1654 days ago
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Absolutely not. Large Tron issuances started well before Ethereum gas fees soared. We are talking a couple of years ago. Also, market makers moving Tether around do not give two shits about $60 in gas fees or whatever. Additionally, a huge amount of Tether has gone into DeFi on Ethereum and L2s (or bridged to newer L1s, which typically don't have a Tron bridge). |
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Ethereum was dominating TRON until very recently and this does have to do with huge increases in Gas prices on Ethereum