- BNB Chain may cut gas fees by 50% to boost speed and lower costs for traders and developers.
- The proposal also aims to reduce block times, which could increase transaction volume on the network.
- Community feedback will guide the final decision before validators vote on the gas fee and speed changes.
BNB Chain validators have offered a new proposal to reduce transaction fees by half. The strategy would lower the minimum gas price by 0.1 Gwei to 0.05 Gwei. This modification is aimed at sustaining more transactions and inviting more users into the BNB Smart Chain.
Alongside the gas cut, validators also suggest reducing block intervals. They suggest that the interval time be reduced to 450 milliseconds as opposed to 750 milliseconds. The objective of these changes is to make the network more efficient and to maintain the viability of validator rewards.
Previous Reductions Drove Growth
This is not the first fee reduction on the BNB Chain. In April 2024, fees dropped from 3 Gwei to 1 Gwei. A second reduction took effect in May 2025, lowering fees to the current 0.1 Gwei. In June, BNB Chain DEX volume hit $14.23 billion ATH as fees fell to $0.016, but price stayed flat at $663.41.
Following these changes, median fees fell by 75%, and transaction volumes rose significantly. Daily transactions surged over 140%, reaching more than 12 million. These results showed clear demand for lower fees and faster transaction speeds.
Validators now believe further reduction can help BNB Chain stay competitive. Chains like Solana and Base have attracted users by offering lower costs and faster throughput. BNB Chain is attempting to match those offerings without compromising on validator incentives.
Community Review and Feedback Underway
The new proposal is currently open for community input. Users and validators are sharing feedback through online forums and social platforms. Supporters see this as a step forward for network growth; however, some express concerns about the possible impact on validator earnings.
To address this, validators emphasize maintaining a minimum 0.5% APY for staking rewards. This balance aims to retain validator participation while reducing user costs. The proposal supports a long-term plan to bring transaction fees down to $0.001.
Network data shows that trading now dominates activity on BNB Chain. That trend makes transaction costs more critical than ever. The chain currently operates below 30% capacity, giving room to support higher volumes.
BNB Price Maintains Strong Performance
While discussions continue, BNB’s token price has remained strong. It hit a record high of $1,079.07 on September 21. It has gone beyond the $1,000 mark a few days ago and has remained above the mark since.
Analysts link this rise to a mix of regulatory developments and institutional interest. Binance’s recent partnerships, including one with Franklin Templeton, also support this momentum. On September 16, Binance stablecoin reserves crossed $40 billion , which marked the highest level in the exchange.
The proposal now moves into its next stage. A validator vote will decide if the changes become official.
