TRON

Billion

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Tron Super Representative Council proposed raising the energy cap to 150 billion.</li> 
 <li>TRX staking could generate more energy, reducing fees and boosting activity.</li> 
</ul> 
<p>According to the latest reports, Tron is making moves to boost its network activity.</p> 
<p>Tron’s founder, Justin Sun revealed via a new post on X today, that the Tron Super Representative Council has proposed raising the energy cap to 150 billion.</p> 
<h2 id="a-potential-energy-increase-from-120-billion">A Potential Energy Increase From 120 Billion</h2> 
<p>According to Sun, this adjustment would be an increase from the previous number of 120 billion. The increase would result in the following:</p> 
<ul> 
 <li>Allowing TRX staking to generate more energy</li> 
 <li>Reducing network fees</li> 
 <li>Boosting network activity</li> 
</ul> 
<p>Sun<a href="https://x.com/justinsuntron/status/1833770809812549922" rel="nofollow" target="_blank"> noted</a> that if the proposal is approved, it will take effect this week, by Friday, at the latest.</p> 
<p>According to official <a href="https://tronscan.org/#/proposal/94" rel="nofollow noopener" target="_blank">notes</a> via Tronscan, the proposal was created on September 9 and it expires on September 12. So far it has 10 upvotes from TRONScan, TRONGrid, Poloniex, Crypto Labs, and more. There are still 9 more votes to go from Binance Staking, OKX Earn, and more.</p> 
<figure id="attachment_50153" aria-describedby="caption-attachment-50153" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11.png"><img loading="lazy" decoding="async" class="wp-image-50153 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11.png" alt="Tronscan.org" width="1624" height="620" title="TRON Council Proposes Energy Limit Increase to 150B 48" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11.png 1624w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-300x115.png 300w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-1024x391.png 1024w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-768x293.png 768w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-1536x586.png 1536w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-750x286.png 750w, https://crypto.ro/en/wp-content/uploads/2024/09/troonscan11-1140x435.png 1140w" sizes="(max-width: 1624px) 100vw, 1624px"></a>
 <figcaption id="caption-attachment-50153" class="wp-caption-text">
  Tronscan.org
 </figcaption>
</figure> 
<p>Tron’s energy is an essential measure, just as important as the bandwidth. The energy is essential for the following:</p> 
<ul> 
 <li>Executing transactions</li> 
 <li>Running smart contracts</li> 
 <li>Interacting with dApps on the Tron network</li> 
</ul> 
<p>Energy is similar to the fuel that powers actions on the Tron blockchain. For instance, when you send TRX or perform various tasks on the network, such as executing smart contracts or interacting with dApps, you consume energy. To use your energy, you need to have it available in the Tron wallet.</p> 
<p>As Sun noted, an increase in energy would mean a boost in network activity for Tron.</p> 
<h2 id="tron-overview">Tron Overview</h2> 
<p>As of September 10, Tron had over 2.5 million active accounts and the total number of accounts is over 257 million, according to Tronscan <a href="https://tronscan.org/#/" rel="nofollow noopener" target="_blank">data</a>.</p> 
<p>In the past month, more than 7 million accounts on Tron were created.</p> 
<p>Regarding the TRX average staking rate in the past month, this was 52.47%, seeing a decrease from August.</p> 
<figure id="attachment_50154" aria-describedby="caption-attachment-50154" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan.png"><img loading="lazy" decoding="async" class="wp-image-50154 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan.png" alt="Tronscan.org" width="823" height="483" title="TRON Council Proposes Energy Limit Increase to 150B 49" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan.png 823w, https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan-300x176.png 300w, https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan-768x451.png 768w, https://crypto.ro/en/wp-content/uploads/2024/09/11septtronscan-750x440.png 750w" sizes="(max-width: 823px) 100vw, 823px"></a>
 <figcaption id="caption-attachment-50154" class="wp-caption-text">
  Tronscan.org
 </figcaption>
</figure> 
<p>Recently, we also <a href="https://crypto.ro/en/news/tron-protocol-generated-1-57b-revenue-in-365-days-aiming-for-3b/">revealed</a> that the Tron Protocol has become the highest revenue-generating.</p> 
<p>In the past 365 days, the Tron protocol generated $1.57 billion in revenue and it’s aiming for $3 billion. Such performance demonstrated increased network activity.</p>

TRON Council Proposes Energy Limit Increase to 150B

Table of Contents

crypto.ro global

Other articles published on Sep 11, 2024

Metaplanet Inc. Teams Up with SBI Group for Bitcoin Trading and Custody in Japan

PancakeSwap Launches AI-Powered Prediction Bot on Telegram

EigenLayer Extends Eligibility Verification for Season 2 Stakedrop Until September 13

Memebet token launches ICO, raises $150k in minutes for memecoin casino project

Dune expanding onchain analytics to cover 50+ Polkadot parachains

Bitcoin Lingers Under $60K: Experts Mull Over Upcoming Market Trends

Join our free newsletter for daily crypto updates!