TRON’s 50% fee cut is set to boost network activity, especially meme-based transactions.
TRON’s new energy model reduces fees to 0.00021 TRX, lowering costs for users and developers.
Technical analysis shows neutral RSI, signaling potential consolidation or mild recovery for TRX.
TRON’s blockchain ecosystem is about to get a whole lot cheaper. Its Super Representatives have approved a proposal to cut transaction fees by 50%, a move that could significantly boost network activity, especially when it comes to meme-based transactions.
TRON Super Representatives approved a 50% fee reduction, effective in two hours. Combined with other measures this week, meme transaction fees on TRON are now among the industry's lowest, expected to boost network and meme trading activity. https://t.co/uAUmJB4wgi
— H.E. Justin Sun
(hiring) (@justinsuntron) September 19, 2024
Optimizing TRON’s Energy Model
The approved proposal, put forth by a user named “BlockAnalysis,” makes three key changes to improve TRON’s dynamic energy model.
First, it sets the energy threshold at 5,000,000,000 units, a big change aimed at making transactions more efficient. This should af…
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