BNB Chain: Plans to enhance network performance, reducing the transaction fee to approximately $0.005

ChainCatcher message, BNB Chain stated that BNB Chain validators plan to reduce the minimum Gas from 0.1 Gwei to 0.05 Gwei, and shorten the block interval from 750 milliseconds to 450 milliseconds. If implemented, the transaction fee will drop to about $0.005, enhancing the competitiveness of BSC against public chains like Base and Solana.

This proposal also puts forward a core principle: when the staking yield is maintained above 0.5%, the goal should be to pursue the lowest possible Gas fees. The long-term objective is to reduce the transaction fee to $0.001 per transaction.