In an exciting development for the TRON community, founder Justin Sun has announced that Proposal No. 92 is now live, raising the energy cap to 120 billion ¹. This significant increase is expected to enhance network activity, lower gas fees, and improve $TRX transactions.
What does this mean for TRX?
The energy cap increase is a response to the recent meme coin frenzy, which has driven up network traffic and transaction fees ². By raising the energy cap, Sun aims to:
- Increase daily transactions to 20 million within three months
- Lower gas fees, making transactions more affordable
- Enhance overall network activity, attracting more users and developers
TRX Price Surges 22%
The announcement has already had a positive impact on the TRX price, which has surged 22% this week ². This upward trend is expected to continue, driven by the growing demand for TRX and the expanding TRON ecosystem.
SunPump: A Key Driver of Growth
SunPump, TRON's meme coin platform, has been a key driver of growth, with over 46,000 tokens launched since its inception ³. The platform's popularity has drawn traders away from Solana's Pump.fun, contributing to TRON's increasing market share.
Community Reaction
The TRON community has welcomed the energy cap increase, praising Justin Sun's leadership and vision ². The move is seen as a significant step towards establishing TRON as a leading blockchain platform.
Conclusion
The TRON energy cap increase is a bold move that promises to enhance network activity, lower gas fees, and drive growth. With the meme coin frenzy showing no signs of slowing down, TRX is poised for continued success. Stay tuned for further updates on this exciting development!
