Tron Cuts Gas Fees 60%, Revenue Plunges 64%, Tops Layer-1 Fee Rankings
Tron implemented Proposal 789 on August 29, slashing the energy unit price from 210 sun to 100 sun and cutting gas fees by 60%. In the first 10 days, Super Representative daily revenue plunged 64%, from $13.9 million to $5 million, hitting a one-year low. Despite the drop, Tron captured 92.8% of weekly layer-1 fee revenue and amassed $1.1 billion in fees over 90 days, outpacing Ethereum (ETH), Solana (SOL), BNB, and Avalanche (AVAX). Lower gas fees aim to spur on-chain activity—driven by stablecoin transfers and everyday payments—and could unlock millions of additional transactions. Traders should watch for sustained volume growth to offset thinner margins and assess implications for TRX demand.
Bullish
In the short term, Tron’s 60% gas fee cut triggered a 64% revenue drop for Super Representatives, reflecting thinner margins per transaction. However, the move is designed to boost on-chain activity and transaction volume, which historically supports token demand. Sustained high throughput and fee revenue share suggest strong network adoption. For traders, increased usage can translate into higher TRX demand and long-term price appreciation, offsetting initial revenue concerns. Overall, the fee reduction aligns with a volume-driven growth strategy that is likely bullish for TRX.