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Home News

Important Updates from Justin Sun for Tron (TRX)

admin by admin
September 8, 2024
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Important Updates from Justin Sun for Tron (TRX)
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Important Announcement from Justin Sun Regarding Tron (TRX)

Justin Sun, the founder of Tron (TRX), announced a significant development in the cryptocurrency world. Sun stated that they are planning a comprehensive update for the TRX network. With this update, the goal is to reduce network fees and increase transaction capacity. These changes aim to provide TRX users with a more efficient experience.

Fees on the Tron Network Halved

Justin Sun expressed that transaction fees on the TRX network will be significantly reduced. In the first phase, a 25% increase will be made to the network’s energy limit. Currently set at 120 billion, the daily energy limit will rise to 150 billion. This increase will not only allow the network to handle more transactions but will also provide users with access to perform more transactions.

Moreover, Sun indicated that energy costs will also decrease significantly. The unit energy price will be halved from 420 SUN to 210 SUN. This will make transactions conducted on the Tron network much more cost-effective. Users will be able to carry out more transactions at a lower energy cost. Particularly, these changes will enhance activities on the network, increasing transaction volume.

Staking TRX is Now More Efficient

Justin Sun emphasized that the planned updates will offer significant advantages for users who stake TRX. Users will be able to generate more energy at lower costs. This situation will lead to much more efficient TRX staking operations. In other words, users will pay less and have a better chance of earning more.

Sun also mentioned that these developments will significantly contribute to the Tron ecosystem. Staking operations will become more attractive thanks to the upcoming updates. This will increase the interest of users within the TRX ecosystem and significantly boost transaction intensity.

Daily Transaction Volume May Increase by 200%

Justin Sun announced that the updates on the TRX network will greatly contribute to transaction capacity. Currently, the Tron network performs an average of 7 million transactions daily, and it expects to make a significant leap with these updates. Sun predicts that the daily transaction count could rise by 200% to reach 20 million. This growth will allow Tron to access the same transaction volume as strong competitors like Solana.

This increase will enhance the competitiveness of the Tron network and provide significant opportunities for projects within the ecosystem. The increase in Tron’s transaction volume capacity will not only increase the number of transactions but also improve the user experience. Users will be able to perform transactions that are faster and more cost-effective. Therefore, these developments will greatly contribute to the future growth of the TRX network.

Strong Contributions to the Tron Ecosystem

The major updates announced by Justin Sun will further strengthen the TRX ecosystem. In particular, the decrease in energy costs and the increase in transaction capacity will also benefit projects operating on the network. The Tron ecosystem will accelerate its growth by attracting more projects to its network. This will expand Tron’s market value and user base.

In conclusion, these updates will make the TRX network much more efficient and user-friendly. With these innovations, Tron will strengthen its position against competitors and continue to be the preferred choice for users in the long term. As reported by Kriptokoin.com, the statements made by TRX founder Justin Sun are being closely monitored by investors. The impact of this latest announcement on the price remains a topic of curiosity.

Tags: Cryptocurrencyenergy costs.Justin Sunmarket valuenetwork feesstakingtransaction capacityTRONTRXupdateuser experience
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