Key Notes

Tron's fee reduction from 210 to 100 sun represents the largest cost cut in the network's history, effective August 29.

Trading data reveals $64 million in short positions versus $15.9 million in longs, indicating widespread bearish expectations.

Technical analysis shows death cross formation and RSI decline, suggesting prolonged consolidation between $0.33-$0.36 levels.

Tron Network Founder Justin Sun issued a post on August 29 supporting Tron Improvement Proposal #789 , which reduces network fees by 60%. The proposal, submitted on Wednesday, is set to lower the energy unit price from 210 sun to 100 sun, citing TRX TRX $0.34 24h volatility: 1.9% Market cap: $31.84 B Vol. 24h: $1.08 B price doubling in value since 2024, effectively raising

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