PANews August 29 report, according to DL News, Tron decided to reduce transaction fees by 60% after the network usage cost doubled last year. On Friday, the proposal to lower transaction fees was approved in a vote among network block producers. Sun Yuchen stated in a post on the X platform announcing the vote's approval: "In the short term, Tron's profitability will be affected as network transaction fees are directly reduced by 60%, but in the long run, with the increase in users and transaction volume on the Tron network, profitability will improve." He added that in the future, Tron super representatives will review network transaction fees quarterly.