Tron has just made a significant move by approving its biggest fee reduction ever, slashing network transaction costs by 60% to maintain its competitive edge. This decision, which has the full support of the Super Representative community, was announced on August 26 and will take effect on August 29 at 20:00 GMT+8.
Founder Justin Sun confirmed the update on X, stressing that while short-term revenues will fall, the long-term benefits outweigh the risks. “Cutting fees by 60% is bold and rare for any network,” Sun stated. He also emphasized that increased users and transactions will eventually strengthen Tron’s profitability.
This change also aimed at sparking growth in the ecosystem. With TRX prices on the rise, fees had become quite steep, which made it tough for many to participate and deploy contracts.
As a result, developers and smaller traders were hit with higher costs, leading to a slowdown in network activity. The recent adjustment brings the energy unit price down from 210 sun to 100 sun, giving room for more people to access transfers and utilize contracts.
Fee Model Adjustments and User Growth
The proposal indicates that USDT transfers will remain the same in TRX terms. However, in dollar terms, fees have skyrocketed since TRX doubled in value since 2024.
TRX price changes, Source: Github
For other contracts, previous fee reductions have been negated by the appreciation of TRX, leading to increased costs instead of decreases. So, this new cut is aimed at restoring genuine affordability.
In addition, reducing the energy price to 100 sun might draw in about 12 million new eligible transfer users, and at 60 sun, eligible accounts could rise by 71% as per the proposal. The increase in users also brings more contract calls, which is the focus of Tron.
Impact on potential on-chain user scale, Source: Github
Market Impact and Ecosystem Expansion
The current state of the network shows promising growth. After filtering out the temporary impact of Sunpump’s launch last year, the daily new contracts are on the rise.
As of writing, Tron is trading at $0.336, reflecting a 2.17% drop in the last 24 hours, with a trading volume of $1.23 billion. Despite the decline, there is a probability that the reduced fees will boost liquidity, spark developer activity, and encourage dApp growth.
The 60% fee reduction by Tron enables focus on adoption rather than immediate profits. Hence, Tron is getting into a good place for sustainable long-term growth.
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