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Justin Sun: Tron TRX Network Fee Reduced by 60% to Take Effect Today

8 hours ago

August 29th. Justin Sun, the founder of TRON, stated that on August 26th, the TRON Super Representatives community proposed a 60% reduction in Tron network fees. This constitutes the most substantial fee reduction since the establishment of the Tron network. The proposal has now received approval and will come into effect at 20:00 GMT+8 on Friday, August 29th. Justin Sun holds the following viewpoints regarding this proposal: The fee reduction is a genuine benefit for users. A 60% reduction is a courageous move that most networks are unable to match; The short-term profitability of the TRON network will be impacted, but in the long run, profitability will be enhanced, with a greater number of users and more transactions occurring on the Tron network; In the future, the TRON Super Representatives community will regularly observe network fees on a quarterly basis. They will evaluate the network's fees based on indicators such as TRX price fluctuations, network usage, future growth rates, etc., in order to maintain a balance between the profitability and competitiveness of the TRON network.
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