TLDR
- TRON governance cut transaction fees by 60%, reducing average transfer costs from 4.4 TRX to 2.1 TRX
- TRX price trades at $0.3447, up 2.4% in 24 hours with support at $0.32 and resistance near $0.36
- Network handles over $21 billion daily in USDT transfers, creating consistent token demand
- TRON Inc. expanded treasury by $110 million and targets raising $1 billion for TRX purchases
- Technical analysis shows TRX sits 20% below all-time high with potential targets at $0.38-$0.40
TRON price has surged to $0.3447 following a governance decision that slashed network transaction fees by 60%. The price movement comes after Super Representatives voted on August 29 to reduce the Energy Unit Price from 210 SUN to 100 SUN.
This fee reduction dropped average TRC20 transfer costs from 4.4 TRX to just 2.1 TRX. Total weekly fees fell from 272 million TRX in mid-August to 23.1 million TRX, making the network more accessible for frequent users.
TRON processes over $21 billion in daily USDT transfers, representing approximately half of global Tether volume. Every transaction requires TRX for gas fees, creating steady demand regardless of market conditions.
The lower costs position TRON as the preferred settlement layer for Tether transactions. Industry analysts suggest the fee cuts could attract up to 45% more users who previously found network costs prohibitive.
TRX currently trades between $0.3094 and $0.3448 over the past week. The token gained 2.4% in the last 24 hours despite cooling trading activity.
Spot trading volume decreased 10.6% to $702 million in the past day. Derivatives volume dropped 18.7% to $252 million according to Coinglass data.
Corporate Treasury Strategy
TRON Inc. expanded its treasury by $110 million on September 2 with backing from its largest shareholder. The company already holds over 365 million TRX worth approximately $126 million.
TRON Inc. plans to raise $1 billion to increase TRX holdings further. This strategy mirrors MicroStrategy’s Bitcoin accumulation approach, reducing available supply while demonstrating long-term confidence.
The company listed on Nasdaq through a reverse merger in July. Since the July 24 listing, TRX has gained about 10%.
TRON also launched a Ledger Enterprise mobile app on September 11 to improve secure USDT transfers on the network.
Technical Analysis
TRX trades above the 20-day simple moving average at $0.3401. Most longer-term moving averages remain in buy territory.
The token sits in the middle range of Bollinger Bands with support at $0.32 and resistance near $0.36. Momentum indicators show mixed signals with MACD indicating a mild sell signal while RSI remains neutral at 54.
A break above $0.36 could open paths toward $0.38-$0.40. Failure to hold $0.32 support might trigger a pullback toward $0.30.
TRON Price Prediction
TRX remains just 20% below its all-time high of $0.4313 set in December 2024. The token has gained 125% over the past year and 28% in recent months.
The combination of reduced transaction fees and corporate treasury expansion creates favorable conditions for price growth. Network utility through USDT transfers provides fundamental demand support.
Technical patterns suggest potential upside targets at $0.38-$0.40 if resistance breaks. The fee reduction should strengthen TRON’s market position as the leading Tether settlement layer.
