Justin Sun Suggests Fee Reduction Techniques on Tron Amid Surging TRX Prices
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Justin Sun advised the Tron community to reduce transaction fees. Sun foresees complications because of the rising TRX price. Reduced fees will improve the Tron network’s competitiveness. Tron founder Justin Sun has suggested that the blockchain network’s community initiate processes targeting the reduction of gas fees. According to Sun, such is necessary to enable the project’s competitiveness, considering its native token’s rising price. As the price of TRX continues to rise, the Tron community should adopt various measures to reduce Tron’s gas fees—whether by lowering the unit price of energy, increasing the energy cap, or encouraging energy staking—to ensure the Tron network remains competitive. — H.E. Justin Sun 🍌 (@justinsuntron) July 13, 2025 TRX Surged Past the $0.3 Crucial Level Sun suggested the gas fee reduction program on Sunday morning after TRX climbed above $0.3 for the first time in 2025. In his latest post on X, the renowned blockchain entrepreneur noted that the Tron community could reduce gas fees on the network by lowering the unit price of energy, increasing the energy cap, or encouraging energy staking. Related: Tron (TRX) Analysis: Record $121 Billion Monthly Volume Supports Bullish Case, $0.30 Key For context, payment of gas fees on the Tron network differs from what obtains in more traditional protocols, like Ethereum. Tron users need to have a “bandwidth” or “energy” to perform transactions. They could either freeze their TRX tokens or pay a fee in the same token denomination. In the context of paying in TRX, the fees, in fiat terms, appeared cheaper when TRX traded for lower prices. However, following the cryptocurrency’s sustained bull run, the value of the tokens in fiat has skyrocketed, and is still showing more upside tendencies. Hence, users could consider the fees exaggerated in fiat terms in the long run. The Lower the Fees,…
Filed under: News - @ July 13, 2025 12:24 pm