A significant proposal aimed at cutting Tron blockchain transaction fees by 50% is gaining strong momentum ahead of an imminent voting deadline. Advocates believe that lowering fees will enhance user accessibility and promote broader adoption across the network.
Known as Proposal 789, submitted on August 8 by developer GrothenDI via the Tron Improvement Proposals on GitHub, this initiative suggests reducing the energy unit price from 210 sun to 100 sun. This effectively halves transaction costs related to energy consumption on the Tron blockchain.
To provide context, one TRON (TRX) token equals 1,000,000 sun – the smallest divisible unit of TRX, similar to a satoshi in Bitcoin.
If approved, this adjustment would reduce the TRX amount required for transactions, potentially making the Tron network roughly 45% more affordable, especially benefiting frequent use cases such as stablecoin transfers.
Historical data supports this move; after Proposal 95 cut energy fees by 50% in 2024, Tron experienced a noticeable surge in new smart contract deployments, demonstrating a clear linkage between reduced fees and ecosystem growth.
However, there are concerns regarding the potential risks. Currently, with an energy unit price of 210 sun, Tron achieves a net burn of approximately 76 million TRX. Slashing this rate to 100 sun might lead to net inflation unless there is a sufficient increase in transaction volume to compensate for the reduced burn rate.
Voting commenced on Tuesday and will conclude this Friday. The proposal is listed on the Tron Blockchain Explorer under Proposal #104. By midweek, 17 votes in favor had been recorded, including influential supporters like Chain Cloud, CryptoChain, Nansen, HTX.com, P2P.org, and Tron Alliance, with 10 participants yet to vote. The trajectory indicates likely approval.
According to Tron’s governance rules, to pass, a proposal requires endorsement by at least 18 of the 27 Super Representatives responsible for block production and transaction validation.
Tron, launched in 2017, remains among the few blockchains that have consistently grown through various market cycles. It currently ranks as the ninth-largest blockchain by market capitalization, with $33.1 billion in value. Additionally, Tron holds a significant presence in the stablecoin space, boasting a 40% surge in stablecoin supply since the year’s start.
This move reflects a broader trend within the crypto sphere, where platforms seek to balance transaction costs with network growth incentives, aiming to deliver accessible and scalable services to users worldwide.
