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7h ago

Tron Implements 60% Network Fee Cut After SR Vote

Quarterly reviews will adjust fees to balance competitiveness with revenue.

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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 60% reduction took effect at 20:00 (GMT+8) on Aug. 29 after Super Representatives approved TIP #789 to lower the energy unit price from 210 to 100 sun.
  • Proponents say rising TRX valuations had pushed average transaction costs toward $1.70–$2.50, pressuring usage for stablecoin transfers where about $82 billion circulates on Tron.
  • Based on DeFiLlama’s roughly $47.7 million in average monthly fee revenue this year (over $58 million in August pre‑cut), analysts estimate the change could trim about $28 million per month near term.
  • Markets signaled short‑term caution as TRX fell roughly 4% intraday with higher trading volume and CoinGlass tracked about $64 million in short positions.
  • Justin Sun framed the move as a user‑first push to spur payments and dApp activity, with the SR community committing to periodic adjustments guided by TRX price, demand, and growth metrics.