The TON network announces that transaction fees have been reduced by six times, approximately $0.0005.

robot
Abstract generation in progress

BlockBeats message — April 24 — The Open Network (TON) has announced a major update to its economic framework. It confirmed that transaction fees across the entire network will be reduced by six times, bringing the cost of standard transactions down to an approximately 0.00039 TON fixed fee rate, equivalent to about $0.0005. TON’s new fee structure will remain strictly fixed and will not be affected by network load. This adjustment is the second phase of Telegram founder Pavel Durov’s ambitious “Make TON Great Again” (MTONGA) roadmap.

Previously, on April 9, Pavel Durov posted to confirm that the TON blockchain had completed an upgrade: its speed increased by 10 times, its block generation speed increased by 6 times, and transactions achieved instant, sub-second confirmations.

In addition to the reduction in transaction fees this time, Pavel Durov laid out a long-term vision in the roadmap: to ultimately shift the TON blockchain toward a structure where transactions for most users are essentially fee-free. The final goal of this strategy is to cultivate an environment in which microtransactions—such as content tipping, small cross-border payments, and in-app purchases—can take place smoothly, removing the high-cost obstacles that typically trouble decentralized protocols. By removing financial access barriers, the TON team hopes to capture a larger share of the more than 1 billion Telegram users, thereby transforming into a global hub for decentralized digital commerce.

TON-1.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin