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Gas Fees Should Be Reduced, Justin Sun Asserts

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by Giorgi Kostiuk

8 hours ago


Tron founder Justin Sun has made a statement on the need to reduce transaction fees amid TRX's recent rally, which has surpassed $0.30 for the first time.

TRX's Surge and Its Impact on Transaction Costs

According to Sun, the recent increase in TRX's price has led to higher transaction fees in fiat terms. While users of the Tron network can transact using energy or bandwidth, this has increased the actual cost for users who pay directly with TRX.

Proposed Solutions to Reduce Gas Fees

To alleviate this burden, Sun suggested three possible solutions: lowering the unit price of energy, increasing the energy cap, and encouraging more users to stake their TRX for energy. Each proposal aims to minimize gas prices and support Tron's competitive standing in the market.

Community Discussion and the Future of Tron

The community is actively discussing Sun's suggestions, and there is a growing interest in how soon these adjustments could be implemented. Tron’s ability to respond swiftly may play a key role in maintaining its momentum and ensuring the network remains accessible despite TRX's rising value.

The situation regarding rising transaction costs in the Tron network requires immediate attention. Taking steps to reduce gas fees could be a defining factor for the network's growth and the attraction of new users.

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