Happycoin.club - Justin Sun announced that the transfer fee on the Tron blockchain has been reduced by 50%. Now, a transaction on the network costs 0.75 TRX ($0.1125). For comparison, the average cost of a transaction on the Solana network is $0.00928.
According to the entrepreneur, meme transaction fees have become the lowest in the industry. After the fee is reduced, network activity and memecoin trading will increase sharply, Sun is sure.
As is known, the TRON network is very popular for USDT transfers, the capitalization of which is almost $120 billion, which is approximately 75% of the total value of all stablecoins.
Interesting fact: in August, the TRON network's fee income grew by 46%, while Solana recorded a drop of 48%.
However, despite the reduction in fees, the cost of withdrawing USDT from exchanges is still much higher than most other blockchains.
Apparently, with the help of such a marketing move, Justin Sun is trying to attract even more users and developers to the network. It is not for nothing that he predicted that Tron would enter the top 3 cryptocurrencies within a couple of years.
