Categories: Crypto

Tron hits 2.5 million active addresses after slashing network fees by 60%

Key Takeaways

Tron’s active addresses topped 2.5 million after reducing network fees by 60%.
The fee cut is aimed at boosting user adoption and maintaining Tron’s dominance in stablecoin transactions.

The Tron blockchain recorded roughly 2.5 million active addresses over the past 24 hours, giving it a lead over major networks, according to data from DeFiLlama.

By comparison, BNB Smart Chain recorded about 2.4 million, while Solana trailed slightly with 2.2 million during the same timeframe.

The surge in address counts follows Tron’s decision to cut network fees by 60% last Friday after a community vote, as announced by founder Justin Sun.

The move responds to rising transaction costs over the past year that had limited participation, particularly in stablecoin transfers, where Tron dominates with Tether’s USDT.

Sun said in a statement that lower fees may reduce revenue in the short term but emphasized that the change would stimulate adoption and transaction growth, ultimately strengthening the network’s long-term profitability and competitive edge.

The Tron founder revealed earlier this year that his team was developing a zero-fee transaction framework for stablecoins in a bid to enhance stablecoin adoption.