{"id":37501,"date":"2025-08-29T17:44:50","date_gmt":"2025-08-29T14:44:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37501"},"modified":"2025-08-29T17:45:34","modified_gmt":"2025-08-29T14:45:34","slug":"justin-sun-announces-60-reduction-in-tron-network-fees","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/justin-sun-announces-60-reduction-in-tron-network-fees\/","title":{"rendered":"Justin Sun Announces 60% Reduction in TRON Network Fees"},"content":{"rendered":"<p>On August 29, voting concluded on a <a href=\"https:\/\/github.com\/tronprotocol\/tips\/issues\/789\">proposal<\/a> to reduce TRON network fees by 60%. The majority of the community supported the initiative, Justin Sun wrote. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">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!<\/p>\n<p>Here\u2019s my view on\u2026<\/p>\n<p>\u2014 H.E. Justin Sun \ud83d\udc68\u200d\ud83d\ude80 (Astronaut Version) (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1961310417155961036?ref_src=twsrc%5Etfw\">August 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIn the short term, this will negatively impact the blockchain&#8217;s profitability,\u201d he emphasized. <\/p>\n<\/blockquote>\n<p>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. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWhen setting fees, factors such as TRX price fluctuations, network activity level, and growth rates will be considered to ensure a balance between TRON&#8217;s profitability and competitiveness,\u201d wrote the project&#8217;s founder.<\/p>\n<\/blockquote>\n<p>In June, transaction fees in the network <a href=\"https:\/\/gasfeesnow.com\/tron\/\">spiked<\/a> to an annual high of $7.8, forcing users to seek alternatives. <\/p>\n<p>Simultaneously, the <a href=\"https:\/\/forklog.com\/en\/news\/plasma-stablecoin-project-raises-373-million-in-token-sale\">launch of Plasma<\/a>\u2014a blockchain by Bitfinex for free USDT transfers\u2014added further pressure on TRON.<\/p>\n<p>TRX, the ecosystem&#8217;s native token used for fee payments, did not react to the news. Its price fell by 3.6% over the past day. <\/p>\n<p>At the time of writing, the asset is trading at $0.33. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-1024x600.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-08-29 \u0432 17.42.51\" class=\"wp-image-264755\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-1024x600.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-300x176.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-768x450.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-1536x900.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-08-29-v-17.42.51-2048x1200.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of TRX\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ATRXUSDT\">TradingView<\/a>. <\/figcaption><\/figure>\n<p>Earlier in August, Sun <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-sues-bloomberg-over-asset-disclosure\">filed<\/a> a lawsuit against Bloomberg. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 29, voting concluded on a proposal to reduce TRON network fees by 60%. The majority supported the initiative.<\/p>\n","protected":false},"author":1,"featured_media":37502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"TRX price did not react to the news.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1302,951],"class_list":["post-37501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-justin-sun","tag-tron"],"aioseo_notices":[],"amp_enabled":true,"views":"350","promo_type":"1","layout_type":"1","short_excerpt":"TRX price did not react to the news.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/37501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=37501"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/37501\/revisions"}],"predecessor-version":[{"id":37503,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/37501\/revisions\/37503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/37502"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=37501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=37501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=37501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}