14:54
Tron has voted to drop network fees by 60%.
PANews August 29 news, according to DL News report, Tron (TRON) decided to drop the transaction fees by 60% after the network usage cost doubled last year. On Friday, the proposal to lower the transaction fees was passed in the voting by the network block producers. Sun Yuchen stated in a post on X platform announcing the vote's approval: "In the short term, Tron's profitability will be affected as the network transaction fees have been directly reduced by 60%, but in the long run, with the increase of users and volume on the Tron network, profitability will be enhanced." He added that in the future, Tron super representatives will review the network transaction fees quarterly.
TRX0.37%