TRON Community Votes to Halve Block and Voting Rewards, Potentially Boosting TRX Scarcity
The TRON network has initiated a pivotal vote on Proposal No. 102, aiming to slash block rewards from 16 TRX to 8 TRX and reduce voting rewards from 160 TRX to 128 TRX. The proposal, launched by TRON''s super representatives on June 10, will remain open for voting until June 13. If approved, the changes WOULD elevate TRX''s annual deflation rate from 0.85% to 1.29%, accelerating the decline in new supply and potentially increasing the scarcity of TRX. This move is seen as a strategic effort to enhance the value proposition of TRX by reducing inflationary pressures. The community''s decision could have significant implications for TRX holders and the broader TRON ecosystem, as it may lead to a more deflationary economic model. The outcome of the vote will be closely watched by investors and market participants, as it could influence TRX''s price dynamics in the near term. The proposal reflects TRON''s commitment to sustainable growth and long-term value creation for its stakeholders. As the voting period progresses, the community''s engagement and the final decision will shape the future trajectory of TRX and its role in the decentralized finance (DeFi) landscape.
TRON Community Votes to Halve Block and Voting Rewards, Potentially Boosting TRX Scarcity
The TRON network has initiated a pivotal vote on Proposal No. 102, aiming to slash block rewards from 16 TRX to 8 TRX and reduce voting rewards from 160 TRX to 128 TRX. The proposal, launched by TRON''s super representatives on June 10, will remain open for voting until June 13.
If approved, the changes would elevate TRX''s annual deflation rate from 0.85% to 1.29%, accelerating the decline in new supply and enhancing the token''s scarcity. This deflationary mechanism could provide upward pressure on TRX''s price—a bullish signal for long-term holders.
TRX price action shows strength, testing the upper boundary of an ascending channel NEAR $0.30. Technical indicators support the bullish case: the RSI holds at 64 without divergence, while the MACD recently completed a bullish crossover. A decisive breakout above $0.30 could propel TRX toward $0.33, though a retest of channel support may precede further gains.
Altcoin ETF Summer: Solana and Litecoin Lead Approval Odds, XRP Maintains Strong Position
Bloomberg analysts project a 90% likelihood of spot ETF approvals for Solana (SOL), Litecoin (LTC), and crypto index funds by 2025. Major asset managers including Grayscale, Bitwise, and VanEck have filed applications now under formal SEC review, with decisions expected between mid-to-late 2025.
XRP demonstrates resilient prospects with an 85% approval probability, outperforming Dogecoin''s 80% rating. Mid-cap assets like Cardano (ADA) and Polkadot (DOT) trail at 75%, while newer entrants such as SUI face steeper hurdles with 60% odds. Notably, Tron''s TRX appears sidelined until at least 2026.
Top BitTorrent (BTT) Casinos of 2025: Your Ultimate Guide to BTT Crypto Gambling Sites
The online gambling industry is rapidly adapting to the cryptocurrency revolution, with altcoins like BitTorrent Token (BTT) gaining prominence. Originally a TRC-20 utility token on the TRON blockchain, BTT has evolved under the Tron Foundation''s stewardship to incentivize network participation and enhance the BitTorrent ecosystem. Its applications, such as BitTorrent Speed and the BitTorrent File System, underscore its utility beyond mere transactions.
TRC-20 tokens, including BTT, are becoming fixtures in iGaming platforms due to their transactional efficiency. The TRON blockchain''s speed and low costs offer a competitive edge over networks like Ethereum, particularly for frequent deposits and withdrawals. This shift reflects a broader trend of casinos diversifying payment options to cater to niche crypto communities while capitalizing on blockchain advantages.
