Validators on the BNB Chain have proposed a 50% reduction in the network’s minimum gas price. The proposal, aims to lower transaction fees and increase network speed on the BNB Smart Chain (BSC), to attract users from competing low-cost blockchains like Solana and Base.
The validator-led initiative is currently open for community feedback and discussion on X, where early reactions show a mix of support from users eager for cheaper transactions and concern from some validators about reduced earnings. The feedback stage will help determine whether the proposal moves forward to a formal vote.
New Proposal Fees
The core of the proposal is to cut the minimum gas price in half, from 0.1 Gwei to 0.05 Gwei. It also seeks to accelerate block intervals from 750 milliseconds to 450 milliseconds, which would increase the network’s overall throughput.
According to the announcement, the long-term goal is to achieve an average transaction cost of approximately $0.001. This objective is guided by a principle suggested by validators, which states, “As long as staking APY remains above 0.5%, BNB Chain should strive to have the lowest gas fees possible.”
The October 2025 proposal continues a strategic trend of cost reduction on the network. A previous fee cut in April 2024 lowered gas prices from three Gwei to one Gwei. Another reduction followed in May 2025, taking fees from one Gwei down to the current 0.1 Gwei level. The following discussion is being encouraged by the former CEO of Binance.
Layer 1 Scenario
This proposed fee reduction positions BNB Chain to compete – more directly – with networks such as Solana and Base, which have built their user bases around low costs and high transaction speeds. Furthermore, this diminution is also being explored by other players, since it is the basis of crypto trading.
The move appears designed to attract cost-sensitive users, including high-frequency traders, market makers, and developers building high-volume applications, while the benefits can lead to cheaper transactions, faster confirmations, and increased adoption.
Although, they can reduce the rewards paid to validators who secure the network. The proposal’s 0.5% Annual Percentage Yield (APY) floor for staking rewards is an attempt to balance the need for ecosystem growth with maintaining sufficient validation incentives.
This proposal is a technical upgrade that follows the thesis to be more sustainable towards other Layer 1 players. The next steps include a community discussion period and an eventual validator vote. The outcome could prompt responses from competing networks, further intensifying the pressure on major blockchains to become cheaper and faster to retain users.
Also read: Binance’s BNB Hits New All-time High Above $1,000 in a Swift Push
