{"id":53920,"date":"2025-03-24T09:00:33","date_gmt":"2025-03-24T09:00:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=53920"},"modified":"2025-03-24T09:00:33","modified_gmt":"2025-03-24T09:00:33","slug":"tron-and-bitcoin-will-a-block-reward-cut-boost-trx-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=53920","title":{"rendered":"Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?"},"content":{"rendered":"

TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX\u2019s rising price<\/a>, sparking a discussion in the cryptocurrency community.<\/p>\n

Sun noted that this move is similar to Bitcoin\u2019s halving mechanism, capturing the attention of investors who are wondering about the plan\u2019s possible impact on traders.<\/p>\n

Tron: Reducing Block Rewards<\/h2>\n

Sun shared, in a post on X, his thoughts on potentially implementing a reduction<\/a> in the network\u2019s reward scheme for its TRX.<\/p>\n

He said that it is worth paying attention to the discussion about TRX\u2019s upcoming reduction in block rewards.<\/p>\n

\u201cHere are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only deflationary asset among major cryptocurrencies,\u201d he explained.<\/p>\n

The TRON founder said that due to TRX\u2019s rising price, \u201cthe rewards for block-producing nodes across the network have increased significantly, so a moderate reduction could be considered.\u201d<\/p>\n

This discussion about TRX\u2019s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin\u2019s path and enter a halving cycle?<\/p>\n

Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only\u2026<\/p>\n

\u2014 H.E. Justin Sun (@justinsuntron) March 21, 2025<\/a><\/p>\n

Following Bitcoin\u2019s Path<\/h2>\n

In the post, Sun said that TRX might follow what happened to Bitcoin<\/a>, saying, \u201cWill TRX follow Bitcoin\u2019s path and enter a halving cycle?\u201d<\/p>\n

He explained that the firstborn cryptocurrency followed a similar path, saying that once the BTC network grew, investors saw a gradual decrease in its block rewards.<\/a><\/p>\n

\u201cIn the early days, higher rewards were necessary for bootstrapping the network. However, as Bitcoin\u2019s price surged, block rewards were lowered, and the halving cycle played a crucial role in Bitcoin\u2019s long-term sustainability\u2014aligning with Satoshi Nakamoto<\/a>\u2018s original vision,\u201d the founder added.<\/p>\n

Impact Of The Reduction<\/p>\n

Sun also shared the possible impact of reducing TRX block rewards, giving two scenarios.<\/p>\n

\u201cIf daily block rewards are reduced by 1 million TRX, the deflation rate would increase by 50%, reaching 1.5% per year,\u201d he said.<\/p>\n

On the other hand, he believes that if TRX is reduced by 2 million, the deflation rate would increase to 2% per year, \u201ceffectively doubling the deflation rate, with an impact on TRX cycles comparable to Bitcoin\u2019s halving.\u201d<\/p>\n

\u201cEven with a block reward reduction, the current incentives for network validators remain highly attractive. Ultimately, this decision rests with the TRX community,\u201d he added.<\/p>\n

The founder revealed that the network has formally submitted on GitHub the proposed block rewards reduction.<\/p>\n

\u201cThe adjustment aims to create a more balanced supply-demand dynamic encouraging increased user participation in staking. This will benefit all stakeholders, ensure the TRX block rewards consistent with the maturity of the TRON network<\/a>, and promote the healthy and sustainable development of the TRON ecosystem,\u201d the network stated in the proposal.<\/p>\n

Among the benefits that can be gained from its implementation are better deflation, increased staking incentives, strengthened network security, and improved economic alignment.<\/p>\n

\u201cTimely adjustments to TRX block rewards can better promote the healthy and sustainable development of the TRON network and TRON ecosystem,\u201d the network added.<\/p>\n

Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX\u2019s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin\u2019s halving mechanism, capturing the attention of investors who are wondering about the plan\u2019s possible impact on traders. Tron: Reducing […]<\/p>\n","protected":false},"author":0,"featured_media":53921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/53920"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53920"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/53920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/53921"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}