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TRON eyes all-time high as Justin Sun confirms 60% network fee cut

The price of TRON (TRX) could surge to a new all-time high after the TRON blockchain’s community approved a proposal for a 60% reduction in network fees.

While TRX hovered around $0.33, down 3.4% in the past 24 hours and 6% in the past week, the fee reduction and overall market sentiment could catalyze gains to a new all-time high.

TRX hit highs of $0.43 in December 2024, and crypto analysts see Tron targeting these highs in the short term.

Tron votes to cut network fees by 60%

A major milestone is in the offing for TRON, which on August 26, 2025, saw a huge proposal regarding a network fees overhaul.

TRON founder Justin Sun says the proposal has passed, voted for by the blockchain platform’s Super Representative community.

Voting and adopting the governance proposal means TRON is set to see transaction fees reduced by 60%, effective August 29.

“On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%,” Tron founder Sun said. “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!”

This landmark decision aims to make TRON more competitive in the blockchain space.

Amid its massive traction in stablecoin transactions, where TRON leads with over 99% of its activity tied to Tether (USDT), the fee issue is a huge one.