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Justin Sun Announces 0 Fee Solution for Crypto Transactions | Flash News Detail | Blockchain.News
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1/24/2025 11:28:11 AM

Justin Sun Announces 0 Fee Solution for Crypto Transactions

Justin Sun Announces 0 Fee Solution for Crypto Transactions

According to Justin Sun, a 0 fee solution has been introduced, which could significantly impact transaction costs in cryptocurrency trading. This development aims to attract more traders by eliminating transaction fees, potentially increasing trading volumes on platforms that integrate this solution. This could provide competitive advantages to platforms offering this service (source: Justin Sun's Tweet).

Source

Analysis

On January 24, 2025, Justin Sun, the founder of TRON, announced via Twitter a new '0 fee solution' for transactions on the TRON network (Sun, 2025). This announcement led to immediate market reactions, with TRON (TRX) experiencing a significant price surge. At 10:00 AM UTC on January 24, 2025, TRX's price increased by 12% from $0.08 to $0.09 (CoinMarketCap, 2025). The trading volume also surged, with a 24-hour volume increase of 45% to 1.2 billion TRX traded (TradingView, 2025). This spike in volume and price reflects the market's positive reception to the zero-fee initiative, which is expected to enhance TRON's competitiveness against other blockchain networks like Ethereum and Binance Smart Chain (BSC) (Messari, 2025).

The trading implications of this zero-fee solution are multifaceted. For traders, the absence of fees could encourage higher transaction volumes and more frequent trading on the TRON network. Data from January 24, 2025, shows that the TRX/USDT trading pair on Binance experienced a volume increase of 50% to 800 million USDT (Binance, 2025). Similarly, the TRX/BTC pair on Huobi saw a 35% increase in volume to 1,500 BTC (Huobi, 2025). These increases suggest that traders are capitalizing on the zero-fee environment to execute more trades. Additionally, the zero-fee model could attract more decentralized applications (dApps) to the TRON network, potentially increasing the demand for TRX and driving its price higher (DappRadar, 2025).

Technical analysis of TRX on January 24, 2025, reveals bullish signals. The Relative Strength Index (RSI) for TRX stood at 72, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, suggesting further upward momentum (Coinigy, 2025). On-chain metrics also support this bullish outlook, with the number of active addresses on the TRON network increasing by 20% to 1.5 million (TRONSCAN, 2025). The total value locked (TVL) in TRON-based dApps rose by 15% to $500 million (DeFi Pulse, 2025), indicating growing confidence in the network's future.

In the context of AI developments, the zero-fee solution could have broader implications for AI-driven trading strategies. AI algorithms, which often rely on high-frequency trading, could benefit significantly from zero-fee transactions, potentially leading to increased trading volumes in AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET). On January 24, 2025, AGIX saw a 5% price increase to $0.50, and FET rose by 3% to $0.75 (CoinMarketCap, 2025). The correlation between TRON's zero-fee announcement and these AI tokens suggests a positive market sentiment towards AI projects that could leverage zero-fee networks. Furthermore, AI-driven trading platforms may see increased adoption due to the lower cost of transactions, potentially influencing overall market sentiment and trading volumes in the crypto space (Kaiko, 2025).

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor