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5h ago

Tron Implements 60% Fee Cut After Community Vote as TRX Slips on Heavy Trading

Network leaders frame the cut as a push to reclaim cost advantage in stablecoin payments.

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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 reduction took effect Friday at 20:00 GMT+8 after Super Representatives approved it, with Justin Sun calling it the network’s largest fee cut.
  • Under TIP #789, the energy unit price drops from 210 sun to 100 sun to restore lower on-chain costs after TRX’s price gains raised transaction expenses.
  • TRX fell roughly 3%–4% intraday with trading volume near $1.2 billion, while CoinGlass data showed short positions exceeding longs by about 3-to-1.
  • DeFiLlama estimates put recent monthly fee revenue near $47.7 million, implying a multi‑million‑dollar short‑term hit until higher activity offsets the cut.
  • Super Representatives will review fees quarterly to balance validator revenue and competitiveness in a market where Tron carries about $82 billion of USDT.