Even after the change, Tron still holds a significant lead in revenue among layer-1 blockchains, including Ethereum, Solana and BNB Chain. Tron’s recent fee reduction has significantly cut into the revenue earned by its block producers, according to a new report from CryptoQuant.The total daily network fees for Tron’s block producers, known as Super Representatives, dropped to $5 million on Sept. 7, the lowest level in over a year. That’s a 64% revenue decline in 10 days, down from $13.9 million the day before lower fees were implemented.Onchain data shows that average gas fees on Tron have decreased by 60% after the network implemented a proposal slashing the energy unit price from 210 sun to 100 sun. Gas fees are transaction costs paid on the Tron network, measured in its smallest unit, called sun.Tron Proposal #789, labeled “Decrease the transaction fees,” went live on Aug. 29 after a vote from the Super Representative community. Read more Even after the change, Tron still holds a significant lead in revenue among layer-1 blockchains, including Ethereum, Solana and BNB Chain. Tron’s recent fee reduction has significantly cut into the revenue earned by its block producers, according to a new report from CryptoQuant.The total daily network fees for Tron’s block producers, known as Super Representatives, dropped to $5 million on Sept. 7, the lowest level in over a year. That’s a 64% revenue decline in 10 days, down from $13.9 million the day before lower fees were implemented.Onchain data shows that average gas fees on Tron have decreased by 60% after the network implemented a proposal slashing the energy unit price from 210 sun to 100 sun. Gas fees are transaction costs paid on the Tron network, measured in its smallest unit, called sun.Tron Proposal #789, labeled “Decrease the transaction fees,” went live on Aug. 29 after a vote from the Super Representative community. Read more