Justin Sun Considers Lowering TRON Blockchain Fees Amid SunPump Craze

SunPump, a platform for token generation, is driving the latest market euphoria. It has propelled TRON meme coins into the crypto spotlight as they challenge Solana's dominance.

Justin Sun is considering lowering fees on the TRON blockchain to boost daily transactions and increase profits.

The move comes amid the ongoing SunPump craze, which has seen meme coins built on the network propel into the crypto spotlight and challenge Solana's dominance.

According to Sun, lowering fees could increase daily transactions on the TRON blockchain to over 20 million within three months.

“IMO, lowering fees and raising the energy cap won’t hurt TRON’s profitability,” Sun said.

“The fee cut should drive transactions to 20M+ daily in three months, expanding market share and boosting profits. More energy will also encourage TRX staking for free transfers.”

Sun also shared that he expects the TRON blockchain to generate $3 billion to $4 billion in revenue over the next 12 months, out of which $1 billion will be burned and $2 billion will be allocated to transaction subsidies and staking rewards.

On Wednesday, Sun reported that TRON's revenue hit a record $5.33 million, ranking first among all blockchains.

According to data from DefiLlama, TRON ranks third in fees and revenue, following stablecoin issuers Tether (USDT) and Circle (USDC).

Meanwhile, SunPump — a platform for token generation on the TRON blockchain — launched 7,351 tokens and generated $585,000 in revenue within 24 hours.

This surpassed Solana's pump.fun platform, which launched 6,701 tokens and generated $366,000 in revenue during the same period.

The platform has also seen the creation of several meme coins, which have attracted attention and investment.

Sun's plans align with the latest market trend and his confidence in the hype around TRON meme coins being sustainable.

According to the entrepreneur, this speculation is fueled by TRON's competitive advantages over other networks, including a deep liquidity pool and a rapidly growing user base.

“For me, when it comes to the whole “Why TRON, why SunPumpMeme?” thing, the biggest flex is that $60 billion in TRON USDT,” Sun noted.

“No other blockchain protocol has a liquidity pool this massive. Meme coin platforms live and die by liquidity, and TRON's got it in spades.”

Due to TRON's expansive liquidity, Sun said he expects developers and traders to continue to invest in new and promising meme coins.

The blockchain's fast and low-cost transactions also enhance its appeal.

According to Dune Analytics, nearly 25,200 tokens have been created on TRON's SunPump platform to date.

However, skepticism persists in the market regarding the project, largely due to Justin Sun's controversial reputation.

Some remain wary, suspecting that the token-pumping activity might be driven by Sun himself, given his history in the crypto space.

“Chinese crypto chat channels continue to warn about Justin Sun rug pulling them,” one user shared on X.

“This isn’t shocking for anyone who has paid attention to HUSD, USDD, TRX, or any other crap associated with His Little Princess.”

Sun also has a sour history of interacting with other crypto projects, such as TUSD and Huobi's USDT reserves, which experienced operational and transparency problems that sparked fears in BitGo's recent WBTC custody plans.