Home
News Detail

Tron bets on reducing fees to win the future of blockchain

Source: CoinWorld
Tron has cut Gas fees by 60% to improve user experience and transaction volume, which will take effect in October 2024. Despite Tron's third-quarter revenue fell 64% to $125 million due to lower fees and slowdown in DeFi/NFT business, daily active users grew 18% after the downgrade. Founder Justin Sun is committed to achieving long-term scalability, although sustainability issues still exist in the context of the industry's shift to an energy-saving model.
Link copied to clipboard