BNB Chain Proposes Gas Fee Cut to Boost Competitiveness

BNB Chain validators are weighing a proposal to halve gas fees and speed up block production, a move designed to cement the network’s role as a trading hub in the next phase of crypto adoption.

According to an X post, the plan would reduce the minimum gas price from 0.1 Gwei to 0.05 Gwei and shorten block intervals from 750ms to 450ms, cutting median fees to about $0.005 per transaction. That would make BNB Smart Chain (BSC) cost-competitive with networks like Solana and Base.

Fee reductions have already proven effective. In 2024, gas prices fell from 3 Gwei to 1 Gwei, and in 2025 from 1 Gwei to 0.1 Gwei, driving median fees down 75% and pushing daily transactions above 12 million.

Trading now dominates network activity, with swap transactions jumping from 20% to 67% of activity since January. Validators argue that “as long as staking APY remains above 0.5%, BNB Chain should strive to have the lowest gas fees possible.”

The long-term vision is even more ambitious: driving fees toward $0.001 per transaction, establishing BNB Chain among the lowest-cost blockchains in the industry.

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