Justin Sun Announces 60% Reduction in TRON Network Fees

TRX price did not react to the news.

On August 29, voting concluded on a proposal to reduce TRON network fees by 60%. The majority of the community supported the initiative, Justin Sun wrote.

On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%. This is the largest fee reduction since the founding of the Tron network. The proposal has already passed and will take effect at 20:00 (GMT+8) this Friday!

Here’s my view on…

— H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) August 29, 2025

“In the short term, this will negatively impact the blockchain’s profitability,” he emphasized.

Sun added that the fee reduction will attract more users and increase transaction volume. According to him, the TRON community will now conduct a quarterly dynamic review of transaction fees.

“When setting fees, factors such as TRX price fluctuations, network activity level, and growth rates will be considered to ensure a balance between TRON’s profitability and competitiveness,” wrote the project’s founder.

In June, transaction fees in the network spiked to an annual high of $7.8, forcing users to seek alternatives.

Simultaneously, the launch of Plasma—a blockchain by Bitfinex for free USDT transfers—added further pressure on TRON.

TRX, the ecosystem’s native token used for fee payments, did not react to the news. Its price fell by 3.6% over the past day.

At the time of writing, the asset is trading at $0.33.

Earlier in August, Sun filed a lawsuit against Bloomberg.