Sun Yuchen: SunPump drives a surge in the recent activity of TRON, with daily trading volume approaching 10 million transactions

2024-08-22 14:55:55

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ChainCatcher news, TRON founder and Huobi HTX Global Advisory Committee member Justin Sun stated on platform X,

"Nowadays, the usage of TRON has surged, with daily transactions exceeding 8.7 million, approaching 10 million. The community super representatives have agreed to lower energy prices to reduce transaction costs. This proposal will take effect this week."

Justin Sun emphasized that reducing fees and increasing the energy cap will not harm the profitability of the TRON protocol. The fee reduction is expected to drive daily transactions to over 20 million within three months, expanding market share and increasing profits. More energy will also encourage TRX staking for free transfers.

He predicts that conservatively, the total revenue of the TRON protocol could reach $3 billion in the next 12 months. Of this, $1 billion will be burned, and $2 billion will be allocated as rewards for stakers and transaction subsidies. If the meme strategy is successful, total revenue could reach $4 billion.

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TRON SunPump Justin Sun

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