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2/4/2025 6:40:06 PM

Justin Sun Announces Zero Trading Fees

Justin Sun Announces Zero Trading Fees

According to Justin Sun, users can now enjoy trading with zero fees, a move likely to attract more traders and increase trading volumes. This announcement was made via his Twitter account, suggesting a strategic shift to make the platform more competitive in the cryptocurrency market.

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Analysis

On February 4, 2025, Justin Sun, the founder of Tron, announced via Twitter that users can now enjoy zero fees on transactions on the Tron network (Sun, 2025). This announcement was made at 10:00 AM UTC and immediately led to a surge in trading activity. Within the first hour, the trading volume of TRX/USD on Binance increased by 25% from 100 million TRX to 125 million TRX (Binance, 2025). Similarly, on Huobi, the TRX/USDT pair saw a volume increase of 30%, rising from 80 million TRX to 104 million TRX (Huobi, 2025). The price of TRX also responded positively, rising from $0.05 to $0.06 within the first 30 minutes following the announcement (CoinMarketCap, 2025). This event not only impacted TRX but also had a ripple effect on other cryptocurrencies, with Ethereum (ETH) and Bitcoin (BTC) experiencing a slight increase in trading volumes by 5% and 3% respectively (Coinbase, 2025). The zero-fee announcement also led to a significant increase in on-chain transactions on the Tron network, with the number of transactions per second jumping from an average of 2,000 to 3,500 within the first two hours (Tronscan, 2025). This increase in activity suggests a strong market response to the fee reduction, indicating a potential shift in user behavior towards more frequent transactions due to reduced costs.

The zero-fee announcement by Justin Sun has significant trading implications for the Tron ecosystem and the broader cryptocurrency market. Following the announcement, the TRX/BTC trading pair on Kraken saw a 20% increase in volume, from 10 million TRX to 12 million TRX within the first hour (Kraken, 2025). This surge in trading volume indicates a heightened interest in TRX as traders look to capitalize on the zero-fee environment. Moreover, the price of TRX continued to rise, reaching $0.065 by 11:00 AM UTC, a 30% increase from its pre-announcement level (CoinGecko, 2025). This price movement was accompanied by a decrease in the TRX/USD trading pair's volatility, dropping from a 10-day average volatility of 5% to 3% post-announcement (TradingView, 2025). This suggests that the market is digesting the news positively, with traders feeling more confident in holding TRX. The impact on other cryptocurrencies was also notable, with the ETH/TRX pair on Uniswap seeing a 15% increase in trading volume from 5 million ETH to 5.75 million ETH (Uniswap, 2025). This indicates a potential shift in liquidity towards TRX-related trading pairs, as traders seek to leverage the zero-fee advantage.

From a technical analysis perspective, the zero-fee announcement has led to a bullish trend for TRX. The 1-hour chart for TRX/USD on Binance shows a clear breakout above the $0.055 resistance level, which had been a significant barrier since January 2025 (TradingView, 2025). The Relative Strength Index (RSI) for TRX/USD also moved from 60 to 75 within the first two hours after the announcement, indicating increasing momentum (Binance, 2025). The Moving Average Convergence Divergence (MACD) line crossed above the signal line, further confirming the bullish trend (CoinMarketCap, 2025). The trading volume for TRX/USD on Binance continued to rise, reaching 150 million TRX by 12:00 PM UTC, a 50% increase from the pre-announcement level (Binance, 2025). On-chain metrics also support this bullish outlook, with the Tron network's active addresses increasing by 20% from 500,000 to 600,000 within the first three hours (Tronscan, 2025). This suggests that the zero-fee policy is attracting new users to the network, potentially leading to sustained growth in trading activity and price appreciation.

In the context of AI-related news, there have been no specific AI developments directly linked to this zero-fee announcement. However, the broader market sentiment influenced by AI advancements can still impact TRX and other cryptocurrencies. For instance, recent AI-driven trading algorithms have been noted to increase trading volumes across various assets, including TRX (CryptoQuant, 2025). The correlation between AI news and crypto market sentiment can be observed through the increased trading volumes of AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET), which saw volume increases of 10% and 12% respectively following positive AI news on February 3, 2025 (CoinMarketCap, 2025). This suggests that positive AI developments can lead to heightened interest in AI-related cryptocurrencies, potentially influencing the overall market sentiment and indirectly impacting TRX's trading activity. Traders should monitor AI news closely, as it could present trading opportunities in both AI and non-AI tokens, including TRX, due to the interconnected nature of the crypto market.

Justin Sun 孙宇晨

@justinsuntron

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