SunPump, a memecoin launchpad on the Tron blockchain, has eliminated all fees for six months of transactions, triggering a boom in new token production. The program, launched today, eliminates all fees through September 2025. As a result, memecoin launches skyrocketed, with 220 new tokens produced on March 18 and another 313 on March 19.
Tron Founder Justin Sun Touts Zero-Fee Model
Tron’s founder, Justin Sun, has been publicly backing SunPump’s fee-free cause, emphasizing Tron’s budget-friendly infrastructure. The new structure not only sidesteps transaction fees but also subsidizes energy charges with no limits, presenting a highly attractive alternative to platforms like Solana’s Pump.fun.
This strategic initiative is expected to push adoption and spur activity in the Tron network. Tron’s social strength has increased to 1.05% following the announcement and is now the No. 1 AltRank™ on LunarCrush, a reputable crypto analytics website.
SunPump Memecoin Ecosystem Market Cap Increases by 21.3%
SunPump’s overall market capitalization jumped by 17.8%, to $82.6 million. SunDOG, Suncat and FoFar tokens are the leaders with massive increases. The rising volumes are a giveaway of rising speculation in memecoin initiatives in the guise of Tron protocol.
Tron native token TRX, however, is also experiencing value appreciation, up 5.7% in the last 24 hours. Press time value of TRX is $0.231, as a witness to improving investor sentiment on the platform.
Tron Challenges Solana in Memecoin Market
With the zero-fee mechanism, Tron is becoming a serious threat to Solana in the memecoin market. Pump.fun on Solana had dominated the market before, but SunPump’s fee destruction aggressive tactics may turn the tide.
By breaking down financial barriers, SunPump is also drawing developers and investors in. With this trend continuing, Tron’s role in the memecoin market could increase further and make it the go-to blockchain for launching tokens.
