TRON's mainnet upgrade takes another step forward: version 4.8.0 brings real changes
TRON's proposal No. 103 has been officially passed through community voting, and the mainnet upgrade to version 4.8.0 has entered the implementation phase. This upgrade is not just a simple patch; it directly targets the cutting-edge technology track of the blockchain industry. Starting from 2 PM Singapore time on June 26, all nodes will operate under the optimized new protocol.
The most significant upgrade is the full compatibility with Ethereum's Cancun upgrade. This means that DApps originally based on the latest features of Ethereum can now migrate to the TRON network with zero barriers. It is worth noting that the total number of accounts on the TRON chain has already surpassed 210 million, with daily transaction volumes consistently exceeding 5 million. This scale of infrastructure upgrade is akin to replacing the engine of a high-speed train with a more powerful one. Developers can enjoy lower gas fees while directly invoking the new virtual machine instructions brought by the Cancun upgrade, a technological dividend that is rare among mainstream public chains.
The improvement in network performance is also noteworthy. The consensus layer verification mechanism after the upgrade has been deeply optimized, with actual transaction execution efficiency increasing by about 15%. This is particularly important for high-frequency trading scenarios; for instance, in the past 30 days, the total amount of stablecoin transfers on the TRON chain reached an astonishing $82.7 billion, accounting for over 50% of the total stablecoin transfer volume in the entire crypto market. A smoother network experience directly translates into cost savings in real money, especially for institutional users, where the gas fee saved per transaction becomes quite substantial when magnified by a large volume of transactions.
From an investment perspective, this upgrade further solidifies TRON's technological moat. Currently, TRON's TVL is stable at around $10 billion, ranking second among public chains, only behind Ethereum. Compatibility with the Ethereum ecosystem effectively opens up a dual liquidity channel, benefiting from both its own ecosystem's stablecoin advantages and the overflow value from Ethereum. Particularly, the recent trend of TRX tokens showing a clear deflationary trend, with the amount burned in the past three months increasing by 37% year-on-year, makes this technological upgrade and the positive cycle of token economics worth continuous tracking.
The most intuitive change after this upgrade may be reflected in the developer ecosystem. Now, a development team can simultaneously access TRON's high throughput and Ethereum's ecological resources, and this composite advantage is attracting more projects from the traditional financial sector to settle in. According to community news, three multinational payment protocols are already testing multi-chain solutions based on the new version, and this level of commercial landing capability is the ultimate touchstone for the value of public chains.
@justinsuntron #TRON #TRONEcoStar
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