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Revenues in Tron have sharply declined after the reduction of transaction fees.

13 сентября

Daily revenue on the Tron blockchain has fallen by nearly two-thirds—64%—following the implementation of updated fee policies. According to data from the analytics platform CryptoQuant, on September 7, rewards for super representatives (network validators) fell to $5 million, the lowest in 12 months. By comparison, just 10 days earlier, before the changes came into effect, daily revenue stood at $13.9 million.
 

How has the cost of gas changed in the network?

The decrease in revenue is directly related to the adjustment of energy prices within the Tron ecosystem. After the update, the price per unit of energy decreased from 210 to 100 sun. As a result, the average gas fee—the fee for processing transactions on the network— decreased by 60%. As a reminder, sun is the smallest fractional unit of TRX: 1 TRX = 1,000,000 sun.
 

Community Initiative: Why Fees Were Reduced

Proposal #789, titled "Transaction Fee Reduction," was approved by a Super Representative vote on August 29. The proposal was initiated by ecosystem member GrothenDI. In his address, he emphasized that more affordable fees contribute to the long-term and healthy development of the platform. He estimates that the transition to the new rates could trigger up to 12 million additional transactions from users, boosting network activity.
 

Tron still dominates L1 blockchains

Despite the drop in daily revenue, Tron maintains its leadership among Layer 1 (L1) blockchains in terms of fees collected. Over the past week, it accounted for 92.8% of the total revenue of all L1 networks, far surpassing platforms like Ethereum, Solana, BNB Chain, and Avalanche.
 
 Even more impressive is the 90-day statistics: during this period, Tron users paid over $1.1 billion in fees, confirming the network's high demand and widespread use even with reduced fees.