BNB Chain Proposes to Halve Transaction Fees and Increase Block Speeds
BNB Chain has recently put forward a new proposal with the goal of cutting transaction fees in half and speeding up block times. According to the proposal, the minimum gas price on the network will be slashed from 0.1 Gwei to 0.05 Gwei, while block intervals will be reduced from 750 milliseconds to 450 milliseconds.
The BNB Chain ecosystem has a history of lowering transaction costs through decisions made by validators. In a series of previous moves, the gas fee was dropped from 3 Gwei to 1 Gwei in April 2024, and further decreased to 0.1 Gwei in May 2025. These reductions resulted in a 75% decrease in average transaction fees, from $0.04 to $0.01, and a substantial 140% increase in daily transaction volume to over 12 million.
If the new proposal is approved, transaction fees are expected to plummet to around $0.005, bringing BNB Chain in line with other fast chains like BNB Smart Chain, Solana, and Base. Additionally, the anticipated surge in transaction volume is predicted to keep staking returns for validators above 0.5%.
BNB Chain’s announcement highlighted that only 30% of the network’s current capacity is utilized, suggesting that the infrastructure can handle three times the current data load. Binance founder Changpeng Zhao voiced his support for the proposal, stating, “Let’s reduce fees on BNB Chain by 50% once again.”
*Please note that this article does not constitute investment advice.