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August 30, 2025Bitcoinist logoBitcoinist

Tron Cuts Network Fees By 60% To Strengthen Position In Stablecoin Market

The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem ￰0￱ Adjustments On Tron The proposal to lower fees was driven by rising transaction costs that have accompanied an increase in TRX’s value, the network’s native token, which has doubled since ￰1￱ proposal alleged that while higher fees are essential for the Tron network’s overall security and stability, they have also eroded Tron’s competitive edge, making it imperative to adjust ￰2￱ increase in TRX prices has led to a corresponding rise in fees for transactions, particularly affecting Tether’s USDT stablecoin and other contracts on the ￰3￱ a result, the earlier 50% reduction in energy unit prices, established by a previous proposal, has been negated, prompting this latest response from the Tron Super Representative ￰4￱ of this writing, TRX trades at $0.33, up by 107% year-to-date, being in the top performers in the cryptocurrency market during the same period, outpacing tokens like Bitcoin (BTC), Ethereum (ETH) and other altcoins such as Solana (SOL) and Cardano (ADA).

Short-Term Profit Impact Expected Justin Sun, the founder of Tron and a prominent figure in the crypto space, announced this decision on social media platform X (formerly Twitter). He highlighted that the upcoming fee reduction will be the largest fee cut since the network’s inception back in 2017 along with the TRON ￰5￱ alleged that in the short term, this reduction is expected to impact the networ’s profitability, given that the network relies on transaction fees as a primary revenue source. However, Sun expressed confidence that the long-term benefits would outweigh these initial ￰6￱ encouraging increased user engagement and higher transaction volumes , Tron aims to foster a more vibrant ecosystem that ultimately enhances ￰7￱ ensure that the fee structure remains competitive and sustainable, the network’s Super Representative community plans to conduct quarterly reviews of network ￰8￱ assessments will take into account various factors, including fluctuations in TRX prices, levels of network activity , and overall growth ￰9￱ his social media post, Sun further stated: On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%.

This is the largest fee reduction since the founding of the Tron ￰10￱ proposal has already passed and will take effect at 20:00 (GMT+8) this Friday Featured image from DALL-E, chart from ￰11￱

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