Site icon Crypto News Focus

Tron Slashes Fees by 60%, Surges Past 2.5 Million Active Addresses

tron trx coins

Tron Surpasses 2.5 Million Active Addresses

The Tron blockchain has seen a sharp increase in activity, recording more than 2.5 million active addresses in the past 24 hours, according to data from DeFiLlama. This surge puts Tron ahead of competitors like BNB Smart Chain (2.4M addresses) and Solana (2.2M addresses), cementing its stronghold as one of the most widely used networks.

Also Read: TRON Surpasses 300 Million Addresses as TRX Price Climbs Past $0.25

The jump comes shortly after Tron slashed network fees by 60%, a change introduced following a community vote and announced by founder Justin Sun.

Lower Fees Drive Adoption

Tron’s decision to cut fees addresses the rising transaction costs that had slowed adoption, particularly in stablecoin transfers. With Tether’s USDT leading the market on Tron, lower costs are expected to encourage more users to transact and expand the network’s reach.

Sun acknowledged that the move may temporarily reduce revenue but stressed that lower fees will increase transaction volumes and adoption, ultimately boosting long-term profitability.

Maintaining Stablecoin Dominance

Stablecoins have long been Tron’s stronghold, with the network consistently handling a significant share of USDT transactions. By cutting fees, Tron is positioning itself to fend off growing competition from other chains like Ethereum, Solana, and BNB Smart Chain.

Earlier this year, Sun also revealed that his team is working on a zero-fee transaction framework for stablecoins—another strategic step to strengthen Tron’s leadership in this critical sector.

Tron’s bold fee reduction signals a clear strategy: prioritize network growth and stablecoin adoption over immediate revenue. With activity already spiking, the move could solidify Tron’s reputation as the go-to network for affordable, high-volume transactions.

If successful, Tron’s zero-fee stablecoin model may redefine how users interact with stable assets in the blockchain space.

Exit mobile version