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How Tron Transaction Fees Work and How to Reduce Them
Blockchain transactions usually come with fees paid in the network's native token (ETH for Ethereum, SOL for Solana, AVAX for Avalanche, etc.). However, in the case of the ever-popular Tron network, the fee structure is more complex than it might seem at first glance. 
July 23 marked the debut of spot Ethereum ETFs in the U.S. trading markets. According to data from a Bloomberg terminal screenshot shared by analyst James Seyffart, the total net inflows amounted to approximately $106.8 million, with the overall trading volume surpassing $1.11 billion. 
At Ethereum Singapore 2024, ETH co-founder Vitalik Buterin urged for more individual staking, highlighting its importance for the security and decentralization of the network. He noted that independent and diverse stakeholders can counterbalance centralized entities and reduce their control. 
The U.S. Securities and Exchange Commission (SEC) reached a settlement with eToro, a trading platform, resolving allegations that the company failed to register as a broker. eToro has agreed to pay $1.5 million in fines and limit cryptocurrency trading for U.S. users to only BTC, BCH, and ETH. 
Market Overview: Are We Heading for a Recession?
The beginning of August has been a true stress test for investors. Financial markets have seen significant declines, sparking waves of panic. BTC briefly dipped below the $50,000 support level before making a slight recovery. ETH also experienced a significant correction, losing over 20% in just one day. 
Jay Jacobs, BlackRock's Head of Thematic and Active ETFs, explained the primary allure of ETH compared to BTC while presenting the company's spot Ethereum ETF to investors. He emphasized that Bitcoin's main attraction is its scarcity, whereas Ethereum's appeal lies in its versatility. 
Bloomberg's senior ETF analyst, Eric Balchunas, has revealed that the SEC asked applicants to submit their final S-1 form documents by Wednesday, along with a request for effectiveness on Monday. This suggests that the launch could happen on Tuesday, July 23.