Justin Sun, the founder of Tron (TRX) and a prominent figure in the cryptocurrency market, has announced significant upcoming changes to the Tron network aimed at reducing fees and boosting transaction capacity. In a recent statement, Sun revealed that discussions and plans to lower overall network fees are expected to commence as early as next week.
Key among the proposed changes is a 25% increase in the network’s energy cap, which will rise from the current 120 billion to 150 billion per day. This increase is designed to enhance the network’s capacity, allowing more transactions to be processed daily. Additionally, the price per unit of energy will be cut in half, dropping from 420 SUN to 210 SUN.
According to Sun, these adjustments mean that staking TRX will become more efficient, as users will generate more energy while paying less for it. This is expected to significantly reduce the cost of operating on the Tron network.
Sun also highlighted the broader impact of these changes on the Tron ecosystem, forecasting that the total number of daily transactions could surge by 200%. The network, which currently processes around 7 million transactions daily, is projected to handle up to 20 million transactions, bringing it on par with the transaction volume seen on the Solana network.