Justin Sun: TRON network fees will drop by 60% and will take effect today.

According to BlockBeats news, on August 29, Justin Sun, the founder of TRON, stated that the TRON Super Representative Community proposal on August 26 aimed to drop the Tron network fees by 60%. This is the largest fee reduction since the establishment of the Tron network. The proposal has been approved and will take effect on Friday, August 29, at 20:00 in the UTC+8 time zone. Regarding this proposal, Justin Sun expressed the following views: lowering fees is a tangible piece of Favourable Information for users, as a 60% drop is something that generally networks cannot achieve; it will impact the short-term profitability of the TRON network, but enhance its long-term profitability, with more users and transactions occurring on the Tron network; the TRON Super Representative Community will conduct quarterly dynamic observations on network fees in the future, measuring the network’s price based on multiple indicators such as TRX price fluctuations, network usage intensity, and future growth rates to ensure a balance between the profitability and competitiveness of the TRON network.