BNB Chain Validators Propose Cutting Gas Fees in Half – Will BNB Price Explode Next?

BNB Chain validators have proposed slashing gas fees by 50% and accelerating block speeds to maintain competitiveness against Solana and Base as the BNB token surges past $1,000 for the first time in ￰1￱ proposal would reduce the minimum gas price from 0.1 Gwei to 0.05 Gwei, while shortening block intervals from 750 milliseconds to 450 ￰2￱ transaction costs would drop to approximately $0.005 per transaction under the proposal, positioning BNB Smart Chain alongside the cheapest networks in the crypto ￰3￱ founder Changpeng Zhao endorsed the initiative on X shortly after the proposal emerged. Let's reduce fees by another 50% on #BNB Chain? ￰0￱ — CZ BNB (@cz_binance) September 23, 2025 The timing coincides with BNB reaching an all-time high of $1,005 earlier this month, which pushed its market capitalization to nearly $140 billion and solidified its position as the fifth-largest ￰4￱ fee reductions led to a massive increase in usage, with daily transactions surging 140% to exceed 12 million following the earlier ￰5￱ established a core principle requiring BNB Chain to maintain the lowest possible gas fees as long as staking APY remains above 0.5%.

The long-term target aims for $0.001 per transaction, representing a 90% reduction from historical ￰6￱ Wars Heat Up Against Solana Competition The proposed changes directly target Solana’s dominance in low-cost transactions, where fees typically range from $0.0001 to $0.0025 per transaction, but BNB’s enhanced speed could offset the marginal cost ￰7￱ mainnet averages $0.41 per transaction despite recent reductions from over $1.85 earlier in ￰8￱ 2 solutions offer sub-$0.03 fees but sacrifice direct mainnet security guarantees that BNB Chain provides ￰9￱ maintains transaction costs below $0.01 with approximately 6-second block times, making it BNB’s closest competitor in terms of speed and cost balance.

However, BNB’s proposed 450-millisecond blocks would deliver nearly 13x faster confirmation ￰10￱ data validates the fee reduction ￰11￱ gas prices dropped from 3 Gwei to 1 Gwei in April 2024, transaction volume increased ￰12￱ reduction, from 1 Gwei to 0.1 Gwei, in May 2025 lowered the median fees by 75%, from $0.04 to $0.01. Trading has become the dominant use case on BNB ￰13￱ network operates at less than 30% capacity, providing room for increased activity without straining the ￰14￱ rewards remain sustainable through higher transaction volumes, similar to previous fee reduction ￰15￱ technical upgrades support the enhanced performance ￰16￱ Maxwell upgrade in June reduced block times from 1.5 seconds to 0.75 seconds, establishing BNB as the fastest major blockchain with sub-second finality.