Validators on the BNB chain have suggested to lower the smallest gas price from 0.1 GWEI to 0.05 GWEI, reducing block intervals from 750 milliseconds to 450 milliseconds.
The goal is to drive average transaction costs down to about $ 0.005, making the network competitive with low costs such as Solana and Base.
The proposal follows a decision in April 2024 to cut gas from 3 GWEI to 1 GWEI, and again in May it was cut to 0.1 GWEI, with fees that fell by 75% as a result.
“As long as Stakeing APY remains over 0.5%, the BNB chain should strive to have the lowest gas fees possible,” notes the proposal that frame ultra-low costs as a core principle of network growth.
The timing of the proposal is key; On-Chain Trading Activity Blooms with Decentral Exchange Aster appears as a breakout shopping site.
According to CoinMarketcap, the stock exchange treated $ 29.37 billion in eternal futures volume over the last 24 hours. Data from Defillama shows Aster, which generates $ 7.2 million in daily revenue, more than Double Hyperliquids $ 2.79 million.
This strength is mirrored in their tokens. Astra has risen 37% over the last 24 hours and raised its market value from $ 931 million a week ago to $ 3.74 billion. In contrast, hype has thrown billions in value and dropped from $ 14.88 billion to $ 11.73 billion.
Trade-related transactions already dominate the BNB chain’s activity and increase from 20% at the beginning of 2025 to 67% in June. The proposal notes that a lower cost environment could create further growth.
The BNB token, meanwhile, has fallen by 1% over the last 24 hours, but still remains over an important psychological level to $ 1,000 with daily volume of topping of $ 3.8 billion.
