- A Potential Energy Increase to 150 Billion
- The Significance of Energy for TRON
- TRON Overview
According to the latest reports, Tron is making moves to boost its network activity. Today, Tron’s founder, Justin Sun, revealed that the Tron Super Representative Council has proposed raising the energy cap to 150 billion.
A Potential Energy Increase to 150 Billion
According to Sun, this adjustment would mean an increase from the previous number of 120 billion. This would allow: * Generating more energy via TRX staking * Reducing transaction fees * Boosting network activity. If the proposal is approved, it will take effect this week, by Friday.
The Significance of Energy for TRON
TRON’s energy is an essential measure, as important as bandwidth. Energy is needed to execute transactions, run smart contracts, and interact with dApps on the Tron platform. For instance, when you send TRX or perform various tasks on the network, such as executing smart contracts or interacting with dApps, energy is consumed. To use energy, it must be available in the Tron wallet. As Sun noted, an increase in energy could mean a boost in network activity for Tron.
TRON Overview
As of September 10, Tron had over 2.5 million active accounts, and the total number of accounts is over 257 million. In the past month, more than 7 million accounts were created on Tron. Regarding TRX’s average staking rate in the past month, it was 52.47%, seeing a decrease from August. Additionally, in the past 365 days, the Tron protocol generated $1.57 billion in revenue and aims for $3 billion, demonstrating increased network activity.
Given the latest proposals and data, it can be expected that raising the energy cap to 150 billion will positively impact the TRON network by reducing fees and boosting user activity.
