Invezz
2025-09-24 06:10:26

BNB Chain eyes ultra-cheap fees as validators propose 50% gas reduction

Validators on BNB Chain are evaluating a new proposal to lower transaction fees and enhance block production. They plan to reduce gas charges by half, from the current 0.1 Gwei to 0.05 Gwei, and accelerate block intervals to 450 milliseconds from 750 milliseconds. The proposal comes days after Binance’s native token hit all-time highs above $1,000 . The milestone sparked discussions about the platform’s preparation for continued adoption. Highlighting the latest proposal, the official announcement read: For traders, market makers, and developers who are most sensitive to fees, these changes strengthen BSC as the preferred chain for trading activity. Wu Blockchain @WuBlockchain · Follow BNB Chain validators are proposing to cut gas from 0.1 to 0.05 Gwei and shorten block intervals from 750ms to 450ms, dropping fees to about $0.005 per tx and keeping BSC competitive with Solana and Base. Past cuts from 3→1 Gwei and 1→0.1 Gwei lowered fees 75% and boosted daily 6:34 AM · Sep 24, 2025 42 Reply Copy link Read 8 replies BNB Chain adjusts to remain competitive The plan would see gas prices on the platform lowered by half from 0.1 Gwei to 0.05 Gwei. If approved, individuals will incur $0.005 per transaction. That would place BSC among low-cost platforms like Solana and Base. BSC boasts an even more ambitious long-term objective, lowering transaction costs to around $0.001. That would make BNB Chain one of the cheapest platforms in the blockchain sector. Moreover, the proposal aims to reduce block times from 750 milliseconds to 450 milliseconds. Results from previous reductions It isn’t the first time BSC has decided to lower fees. The platform cut gas from 3 Gwei to 1 Gwei in April 2024. Similar moves in May 2025 reduced the charges further to the current 0.1 Gwei. The two events lowered BNB Chain’s median fees from $0.04 to $0.01 – a 75% dip. Meanwhile, they yielded the desired outcomes as daily transactions skyrocketed 140% to surpass 12 million. Proponents trust that the latest proposal could enhance adoptions, particularly from trading applications that govern BSC’s network usage. Trading dominates BNB Chain activity The proposed changes come as data indicate a notable shift within the BSC ecosystem, with swap-related transactions accounting for 67% of the entire activity. That represents a remarkable rise from 20% in January 2025. The team said: Trading is now the dominant activity on BNB Chain – and gas fees matter most for traders. The shift is crucial as it guarantees cheaper and predictable transaction charges. Reduced gas will likely bolster trading volume and validator incentives. Meanwhile, staking APY remains stable above 0.5% – the benchmark that validators use to determine sustainable fee cuts. The proposal is currently under discussion, waiting for feedback from users and validators before implementation. An approval could bring the changes later this year, positioning BSC for lucrative performance amidst the potential Q4 bull run. BNB price outlook Binance Coin trades at $1,014 after rallying from this month’s low of $840. Chart by Coinmarketcap On-chain signals and technical indicators suggest continued gains for the token. Open Interest hovers at $1.94 billion peaks ( Coinglass data ), confirming fresh capital flowing into BNB’s ecosystem. Also, the MACD and RSI on the 1D timeframe show bulls control Binance Coin’s current momentum. Binance co-founder and former CEO Changpeng Zhao predicts another 10,000x for BNB in the coming years. The post BNB Chain eyes ultra-cheap fees as validators propose 50% gas reduction appeared first on Invezz

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.