Key Points
- Tron Super Representative Council proposed raising the energy cap to 150 billion.
- TRX staking could generate more energy, reducing fees and boosting activity.
According to the latest reports, Tron is making moves to boost its network activity.
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.
A Potential Energy Increase From 120 Billion
According to Sun, this adjustment would be an increase from the previous number of 120 billion. The increase would result in the following:
- Allowing TRX staking to generate more energy
- Reducing network fees
- Boosting network activity
Sun noted that if the proposal is approved, it will take effect this week, by Friday, at the latest.
According to official notes 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.
Tron’s energy is an essential measure, just as important as the bandwidth. The energy is essential for the following:
- Executing transactions
- Running smart contracts
- Interacting with dApps on the Tron network
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.
As Sun noted, an increase in energy would mean a boost in network activity for Tron.
Tron Overview
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 data.
In the past month, more than 7 million accounts on Tron were created.
Regarding the TRX average staking rate in the past month, this was 52.47%, seeing a decrease from August.
Recently, we also revealed that the Tron Protocol has become the highest revenue-generating.
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.
