트론은 Bitfinex의 Plasma 출시 에 대응하여 거래 수수료를 60% 인하했지만, USDT 유출은 계속되고 있습니다.

트론, Plasma 임박으로 수수료 대폭 인하

Tron has reduced its network fees by 60% following a vote by its Super Representatives. The move aims to bolster transaction volumes amidst increasing competition, particularly from Bitfinex's upcoming Plasma blockchain, which offers free USDT transfers. However, this fee reduction has not yet stemmed significant USDT outflows from the Tron network.

시장 반응 및 전략적 맥락

The fee cut, confirmed by Tron founder Justin Sun, seeks to maintain Tron's dominance in stablecoin transactions. The network currently hosts $81 billion in Tether's USDT. The reduction addresses concerns that rising costs were excluding smaller users, particularly in developing markets, potentially impacting short-term profitability. Despite the fee reduction, 트론's USDT supply has decreased by 1.4% over the past month, representing approximately $1.1 billion in outflows. At the same time, Plasma's pre-launch campaigns have attracted $2 billion in USDT deposits.

재정적 영향 및 경쟁적 포지셔닝

Around 90% of Tron's revenue comes from USDT transfers. Previously, average fees sat at $2.80 per transaction, nearly 5x Ethereum's $0.60. The fee cut reduces Tron's energy unit price from 210 sun to 100 sun, a change formalized as Tron Improvement Proposal #789. This strategic decision reflects an understanding that 트론 faces a serious challenger in its core market.

If successful, this strategy could cement TRON's position as the go-to blockchain for stablecoin transactions and everyday crypto use.

Financially, Tron remains solid; however, analysts predict the fee cut would drop it from the third to the fourth largest chain by revenue, though it would still generate twice as much as BNB. Its FDV/Fees multiple would shift from roughly Hype's 36x to Solana's 135x, a level still well below the broader L1 group.

광범위한 시장 영향

Plasma's emergence poses a direct threat to Tron's dominance in stablecoin transfers. Quarterly reviews of transaction costs by Tron's Super Representative community suggest a move towards a more dynamic and adaptive fee structure. The network aims to remain competitive as market conditions evolve. Should 트론 fail to effectively compete, it may experience a further decrease in revenue and market share, while Plasma could gain traction in the stablecoin transfer market.