CandleFocus Tron Plans to Slash Fees by Half Through Proposal 95, Here’s Why
2024-10-29
Author: Content Editor
The Tron network has seen growth in adoption and higher fees due to the rally in TRX's value. To address this issue, Tron plans to reduce network fees by half through Proposal 95, which will adjust energy nodes and reduce developer costs. Despite the increase in transactions and active accounts, Tron has experienced outflows in the last 2 months, unlike its rivals. Tron's total value locked (TVL) has also declined, but TRX's price has been rallying in the last 4 weeks. However, there is a possibility of a significant pullback in the coming days.
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