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21h ago

Tron Enacts 60% Fee Cut After Vote to Defend Stablecoin Lead

Quarterly reviews will gauge whether lower costs revive activity enough to offset a near-term revenue hit.

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Justin Sun backs proposal to cut Tron fee by 60%, says users will benefit most
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Overview

  • The change took effect at 20:00 GMT+8 on Aug. 29 under TIP #789, lowering the energy unit price from 210 to 100 sun.
  • Justin Sun said profitability will drop initially but predicted stronger adoption and higher long‑term transaction revenue.
  • TRX fell intraday with trading volumes jumping as derivatives data showed a build‑up of short positions, according to CoinGlass.
  • DeFiLlama puts 2025 monthly fee revenue near $47.7 million before the cut, implying a sizable short‑term reduction unless activity rebounds.
  • Tron remains a major stablecoin rail with more than $82 billion circulating on the network, and the pricing shift aims to preserve that advantage.