
The Open Network (TON) blockchain development team has announced a significant reduction in transaction fees across the network. Fees are now 80% lower than previous rates, following an official approval by TON validators. This major update is set to deliver substantial benefits for users, improving the overall experience and encouraging broader participation in the TON ecosystem. By continually optimizing its fee structure, TON Network maintains a competitive edge in transaction costs.
Transaction fees fluctuate according to the exchange rate between TON's native token and the US dollar. For instance, based on current TON token prices, the fee for the first Jettons (TON's token standard) transaction adjusts dynamically with market conditions. Subsequent transactions incur even lower fees. This tiered system rewards frequent network usage with more economical fees, as pricing is updated in real time to reflect TON’s market value. As the network develops, fees for ONE (TON) are expected to be further optimized.
TON Network now offers exclusive discounts for USDT (Tether) transactions. The initial USDT transaction fee is reduced to just 0.02 TON, while subsequent transactions are charged at a minimal 0.0145 TON. This initiative aims to boost USDT usage within TON, streamlining payments and transfers for users. As one of the most widely adopted stablecoins, USDT’s discounted fees greatly enhance TON’s practicality. Leading trading platforms provide TON/USDT pairs, and lower transaction costs offer clear advantages to users.
Toncoin remains actively traded, and the recent fee reduction is expected to drive increased TON Network usage and support token value growth over time.TON Market participants are closely monitoring how these fee cuts will affect network activity and ecosystem expansion. Regardless of price volatility, enhanced network utility lays the foundation for long-term growth. TON tokens are available on more trading platforms, and lower fees help invigorate the entire ecosystem.
Reducing TON Network transaction fees by 80% marks a major milestone for blockchain ecosystem development. With validator approval, this update significantly lowers user costs and motivates increased network adoption. The fee reductions for Jettons and exclusive USDT discounts reinforce TON's role as a practical payment solution. Ongoing optimization is expected to keep fees for ONE (TON) accessible and user-friendly. These improvements are poised to elevate the network’s value and drive wider adoption in the long term. The TON team’s continuous innovation is a crucial step toward mainstream blockchain adoption, with further progress anticipated.
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