In summary
- Tron’s blockchain is expected to be 60% cheaper to use after a vote by users.
- The update should make the network more attractive for cryptography users, said creator Justin Sun.
- Tron is popular among Stablecoin users, but transaction costs have increased during the last year.
Tron It has become cheaper to use after the Takens headlines of the cryptographic network voted to reduce rates by 60%, according to the founder of Blockchain, Justin Sun.
Writing in X during the night, the multi -million dollar cryptographic businessman Sun, who has a series of digital asset companies, said the proposal would finally benefit users. The change entered into force on Friday, according to the time indicated in Sun’s Post.
Tron is the block chain behind TRXThe tenth largest digital currency for total value, which has a current market capitalization of $ 31.9 billion. The tron network is popular in particular with Stablecoin Users.
“For users, this rate reduction is a real benefit,” said Sun. “Cutting the rates into 60% is bold and weird for any network. In the short term, Tron’s profitability will be affected, since network rates are directly reduced by 60%.”
Sun added: “However, in the long term, profitability will improve as more users and more transactions in the Tron network are produced.”
Tron previously had the reputation of being a cheap block chain. But transaction costs have recently fired: the average price to make an network transaction recently was $ 1.70, but in December it fired up to $ 2.50, according to Token Terminal.
The blockchain tron is popular as a payment network for Stablecoins Because it allows users to send low and quickly digital tokens in the Decentralized finance or defi Space, where users make transactions without permission and without revealing their identities.
Major Stablecoins USDC and USDT They are available on the Tron network, as well as in other blockchains such as Ethereum and Solarium.
The stablecoins are popular digital tokens that are backed by non -volatile fiduciary coins such as dollars, euros or yen. The idea is that encryption merchants can make rapid transactions, such as buying Bitcoin and other digital assets, without having to use traditional bank rails.
Defilama data shows That the total market capitalization of Stablecoins in Tron currently represents more than $ 82 billion, which makes it the second largest cryptographic network for tokens after Ethereum, which has a Stablecoin market capitalization of $ 148.5 billion.
The total market capitalization of all the stable in each cryptography network is $ 283.3 billion, which means that Tron’s participation is about 30% of the account.
TRX was recently quoted for about $ 0.34 per currency, according to Coingcko, after almost 2% fall for a 24 -hour period.
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