Why should fees on BNB Smart Chain be reduced?✅ Trading is highly sensitive to gas costs—lower fees attract more traders✅ More activity = higher transaction volume, which sustains validator APY✅ Competitive fees strengthens BSC as a leading chainBNB Chain (@BNBCHAIN):Gas fees matter.They decide where traders build, where liquidity flows, and where innovation happens.That’s why validators on BNB Chain are proposing to halve fees and accelerate block speeds, keeping BNB Smart Chain (BSC) competitive with the ...

BNB validators propose gas and block production upgrade. | Credit: Credit: Hyoung Chang/The Denver Post. Key Takeaways BNB Smart Chain validators have proposed to cut transaction fees in half to around $0.001. Binance Smart Chain has been criticized for not being decentralized enough with just 45 validators. BNB is currently trading at $1,024 after briefly hitting an all-time high of $1,026. Binance’s flagship blockchain network could be cutting its transaction fees in half and almost doubling its ...