Sun Proposes TRX Emission Cut to Boost Value
The Most Important Facts in Brief
TRON founder Justin Sun proposes a halving of TRX emissions. This measure could increase the token’s deflation rate and boost its value in the long term. The TRON community is currently discussing the potential impact on the network and the market.
Justin Sun’s Proposal for Halving
Justin Sun argues that halving TRX emissions, similar to Bitcoin, could bring long-term benefits to the network. Currently, TRX is already deflationary with an annual rate of 1%. By reducing block rewards, this rate could increase further.
Sun refers to Bitcoin’s development: In the early years, high block rewards were necessary to stabilize the network. As prices rose, these rewards were reduced, contributing to long-term sustainability. A similar mechanism could also be beneficial for TRON.
Potential Impact on TRX
A halving could have several effects on TRX:
- Increased market speculation with each halving cycle
- Reduced inflation due to lower token emissions
- Rising prices with stable or growing demand
Sun proposes reducing daily block rewards by 1 to 2 million TRX. This could increase the deflation rate to 1.5% or 2% per year. The price impact could be similar to Bitcoin after a halving.
Current Market Situation
Despite a 6.08% price increase in the past week to $0.235, the market continues to show bearish tendencies. Many investors are holding back on new positions.
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Additional indicators:
- Positive net inflows to exchanges ($2.39 million), indicating selling pressure
- Decline in DEX trading volume from $299 million to $121 million
- Decreasing trading activity suggests lower demand
If negative market sentiment persists, the price could drop to $0.22. If investors interpret Sun’s proposal as a bullish signal, an increase to $0.35 could be possible.
Our Assessment
A halving of TRX emissions could have long-term positive effects, particularly by increasing the deflation rate. In the short term, however, the market remains uncertain. The reaction of the community and institutional investors will be crucial. Those investing in TRX should closely follow the discussions.
| Symbol | TRX |
| Coin type | Alt Coin |
| Transaction Speed | High |
| Pros |
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| Cons |
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| Further practical applications | |
| Price | $0.23 |
| 24h % | -1.59 % |
| 7d % | 6.14 % |
| 30d % | -5.17 % |
| 60d % | -9.89 % |
| 1y % | 95.34 % |
| Market Cap | $21,961,135,945.00 |
| Official Links | Website | Source Code |
| Socials | Reddit | X |
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