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#ETH Trend Watch#
The Tron community has approved a 60% reduction in network fees.
He noted that in the short term, Tron’s profitability will suffer. However, in the long term, the network's profitability may increase as the number of users and transactions grows.
San added that the Tron community plans to publish quarterly reviews of network fees, taking into account TRX price fluctuations, network activity levels, and growth rates, in order to ensure a balance between profitability and competitiveness.
The need to make a decision to reduce network fees was triggered by criticism from network users. They noted that against the backdrop of the rising market value of TRX, transaction fees have doubled compared to the previous year.
The head of the payments and RWA department at Polygon Labs, Aishwary Gupta (Aishwary Gupta), commented in an interview for DL News that the popularity of the Tron network is largely due to the turnover of the dollar stablecoin USDT. However, due to high fees, regular users, especially in developing markets, have been forced to seek alternative options, as the high fees on the network could exceed their average daily income.