TRON Slashes Network Fees 60% Effective Aug 29 — Justin Sun Calls Bold Move to Boost TRX Usage

COINOTAG News reports that on August 26 the TRON Super Representatives community submitted and subsequently approved a proposal to implement a 60% reduction in Tron network fees, with the adjustment scheduled to take effect on Friday, August 29 at 20:00 GMT+8, according to founder Justin Sun.

Justin Sun characterized the fee cut as a tangible benefit for users, noting that such a large reduction is uncommon among competing chains. He acknowledged that the change may depress short-term profitability for the protocol but framed it as a strategic move to support long-term profitability through increased user adoption and transaction activity.

The TRON Super Representatives community intends to monitor network fees on a quarterly cadence, evaluating metrics such as TRX price volatility, network usage and projected growth to maintain a balance between profitability and market competitiveness.