BNB chain has introduced a new proposal that wants to halve the transaction costs and increases the block speeds.
According to the proposal, the minimum gas price on the network will be reduced from 0.1 Gwei to 0.05 Gwei, and block intervals will be lowered from 750 milliseconds to 450 milliseconds.
The BNB chain -ecosystem has considerably reduced the transaction costs by earlier validator decisions. In April 2024 the gas costs were reduced from 3 Gwei to 1 Gwei, and in May 2025 from 1 Gwei to 0.1 Gwei. As a result of these movements, the average transaction costs fell by 75%, from $ 0.04 to $ 0.01, while the daily transaction volume rose by 140% to more than 12 million.
If the new proposal is accepted, the transaction costs will fall to around $ 0.005, making it competitive with the fastest chains such as BNB Smart Chain, Solana and Base. In addition, the increased transaction volume is expected to maintain the appearance of the return for validators above 0.5%.
In the statement of the BNB chain, it was pointed out that only 30% of the current capacity of the network was used, and it was argued that the infrastructure was able to process the current level of data three times.
Binance founder Changpeng Zhao also supported the proposal and said: “Let us reduce the costs on the BNB chain by 50%.”
*This is not investment advice.