The post Tron Network Fees Slashed After Vote—Here’s What to Expect appeared on BitcoinEthereumNews.com. In brief Tron’s blockchain is expected to be 60% cheaper to use after a vote by users. The upgrade should make the network more attractive for crypto users, creator Justin Sun said. Tron is popular with stablecoin users, but transaction costs have risen over the last year. Tron has become cheaper to use after the crypto network’s community of token holders voted to slash fees by 60%, according to the blockchain’s founder Justin Sun.  Writing on X overnight, billionaire crypto entrepreneur Sun—who has a number of digital asset ventures—said the proposal would ultimately benefit users. The change took effect Friday, per the time noted in Sun’s post. Tron is the blockchain behind TRX, the 10th biggest digital coin by total value, which has a current market cap of $31.9 billion. The Tron network is popular in particular with stablecoin users.  On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%. This is the largest fee reduction since the founding of the Tron network. The proposal has already passed and will take effect at 20:00 (GMT+8) this Friday! Here’s my view on… — H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) August 29, 2025 “For users, this fee reduction is a real benefit,” Sun said. “Cutting fees by 60% is bold and rare for any network. In the short term, Tron’s profitability will be affected, since network fees are directly reduced by 60%.” Sun added: “However, in the long run, profitability will improve as more users and more transactions take place on the Tron network.” Tron previously had a reputation for being a cheap blockchain. But transaction costs have spiked recently: The average price for making a transaction on the network recently stood at $1.70, but in December shot as high as $2.50, according to… The post Tron Network Fees Slashed After Vote—Here’s What to Expect appeared on BitcoinEthereumNews.com. In brief Tron’s blockchain is expected to be 60% cheaper to use after a vote by users. The upgrade should make the network more attractive for crypto users, creator Justin Sun said. Tron is popular with stablecoin users, but transaction costs have risen over the last year. Tron has become cheaper to use after the crypto network’s community of token holders voted to slash fees by 60%, according to the blockchain’s founder Justin Sun.  Writing on X overnight, billionaire crypto entrepreneur Sun—who has a number of digital asset ventures—said the proposal would ultimately benefit users. The change took effect Friday, per the time noted in Sun’s post. Tron is the blockchain behind TRX, the 10th biggest digital coin by total value, which has a current market cap of $31.9 billion. The Tron network is popular in particular with stablecoin users.  On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%. This is the largest fee reduction since the founding of the Tron network. The proposal has already passed and will take effect at 20:00 (GMT+8) this Friday! Here’s my view on… — H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) August 29, 2025 “For users, this fee reduction is a real benefit,” Sun said. “Cutting fees by 60% is bold and rare for any network. In the short term, Tron’s profitability will be affected, since network fees are directly reduced by 60%.” Sun added: “However, in the long run, profitability will improve as more users and more transactions take place on the Tron network.” Tron previously had a reputation for being a cheap blockchain. But transaction costs have spiked recently: The average price for making a transaction on the network recently stood at $1.70, but in December shot as high as $2.50, according to…