Telegram and Toncoin, which made headlines in 2024 when their founder was arrested in France, have made a new move.
Accordingly, Toncoin (TON) is preparing to reduce its network fees by six times.
Pavel Durov, the founder of Telegram and Toncoin (TON), announced his plan to reduce fees on the TON network in a post on his X account.
Durov stated that transaction fees on TON would be reduced sixfold within a week, adding, “The new fee will be approximately 0.00039 TON (0.0005 USD) per transaction and will remain fixed regardless of network load.”
Duroc also stated that most of the transactions would later become completely free, and the ultimate goal was to create a zero-fee environment.
“Within a week, TON fees will drop sixfold. They will be only 0.00039 TON (approximately $0.0005) per transaction. Furthermore, they will remain constant regardless of network load.”
“Soon most transactions will be completely free. Zero commission.”
Pavel Durov’s announcement means that TON’s transaction fee, previously around 0.00234 TON (~$0.003), has been significantly reduced, eliminating the variability in transaction fees depending on network transaction volume.
*This is not investment advice.
