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US Commerce Department adds TRON to blockchain-based GDP reporting system

Olivia Stephanie by Olivia Stephanie
September 1, 2025
Marcel Knobloch

Edited by Marcel Knobloch on September 1, 2025

TRON Posts US GDP Data as Retail Shifts and Fees Plunge
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  • TRON joins eight blockchains to publish US GDP data as part of a federal transparency effort.
  • Retail wallets increase TRON-based USDT transfers while TRX price drops despite heavy on-chain activity.

The US Department of Commerce hails the inclusion of TRON to the list of nine public blockchains which already serve the purpose of hosting the GDP data. Starting with the data of Q2 of 2025, the Bureau of Economic Analysis has also adjusted the annualized growth rate to 3.3% for the month of July.

Along with TRON, the GDP data was published on Bitcoin, Ethereum, Solana, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. The data distribution was supported by oracles such as Chainlink and Pyth. Coinbase, Gemini, and Kraken also helped in relaying the data.

U.S. Secretary of Commerce Howard Lutnick said,

“We are making America’s economic truth immutable and globally accessible.”

He also referred to President Donald Trump as “the Crypto-President” during the announcement. TRON founder Justin Sun shared the on-chain hash that recorded the GDP data.

TRON transaction hash: 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040

— H.E. Justin Sun 👨‍🚀 (Astronaut Version) (@justinsuntron) September 1, 2025

TRON Cuts Fees and Signals Long-Term Network Strategy

The TRON network has approved a 60% reduction in transaction fees. The change took effect on August 29, following a vote from the super representative community. According to Justin Sun, this is the largest fee adjustment since TRON launched. He called it a “tangible benefit” for users, noting that most networks would not take such a step.

While the fee cut is expected to reduce short-term revenue, Sun said it will support long-term network activity. More users and transactions are expected to follow as cost barriers drop. The community plans to review the fee structure every quarter, adjusting based on usage, token price, and projected growth.

In addition, TRON-based USDT transfers rose sharply on August 30. Mid-sized wallets moved a large share of funds. Wallets under $1 million accounted for 35% of all sub-$1M transfers. Wallets under $10 million moved 20% of the sub-$10M volume.

Source: CryptoQuant

Analyst Amr Taha said this was not the first time such a pattern appeared. A similar trend was seen on August 26, when Binance’s Net Taker Volume fell by $1.36 billion. On August 30, the figure stood at -$987 million.

Notably, these flows are linked to strong selling pressure on market orders. Taha said this may suggest that “retail investors are reducing exposure and preparing for more downside in Bitcoin.”

TRX Price Soft Despite Higher On-Chain Use

The price of TRX has dropped 1% over the past day and 6% in the past week. TRX traded at $0.34 at press time, with a daily trading volume of $589 million.

Despite the higher usage of the TRON network, the price has not improved. Traders remain fixated on Bitcoin and stablecoin price action as well as the overall market conditions. Although network activity has increased, the market remains cautious.

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shield icon BTC Daily is committed to providing readers with factual, unbiased, and well-researched content. Our editorial team follows strict sourcing practices and every piece is carefully reviewed by industry experts and senior editors to maintain the highest standards of quality and integrity.
Olivia Stephanie

Olivia Stephanie

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Olivia Stephanie is an experienced FinTech blogger with in-depth knowledge of financial markets. Her strong passion for economics and finance led her to explore emerging blockchain technology and the dynamic cryptocurrency markets in depth. She holds a Bachelor of Arts in Journalism from the University of Nairobi. Olivia works as a journalist at BTC Daily and also writes for other leading crypto platforms such as CryptoPotato and AMBCrypto.
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This article is provided for informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptocurrency and financial markets are highly volatile and involve significant risks, including possible loss of capital. Readers should conduct their own research and consult licensed professionals before making any financial decisions. Parts of this content were created with the assistance of AI, but all material has been carefully reviewed, edited, fact-checked, and narrated by humans. No liability is assumed for any losses resulting from reliance on this information.

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