Emre Yumlu 
BNB Chain has entered a new chapter in its evolution. Binance founder Changpeng Zhao (CZ) announced that transaction fees on the network have been reduced by an astonishing 2000% this year, marking one of the most significant cost reductions in blockchain history. This major update makes the BNB Smart Chain (BSC) faster, more efficient, and far more accessible for both developers and users.
A 20x Reduction: The BNB Chain Fee Revolution
According to CZ, gas fees on BNB Smart Chain have been cut in two major phases — first by 10x, and then by another 2x, bringing the total reduction to 20x (2000%).
This dramatic drop not only enhances affordability but also reinforces BNB Chain’s commitment to scalability and user efficiency. Transactions that once cost cents now cost a fraction of a cent — a major milestone for blockchain usability.
“BNB Smart Chain transaction fees were reduced 10x, then another 2x — a total of 20x (2000%) this year,” CZ shared on social media.
#BNB Chain gas fees has been reduced by 20x (2000%) this year already. First by 10x, then by 2x again.
Builders build. https://t.co/B2V9GwyQ5A
— CZ 🔶 BNB (@cz_binance) October 9, 2025
The New Standard: 0.05 Gwei Gas Fee
The network’s new standard gas fee of 0.05 Gwei has now been fully adopted across the ecosystem.
Major partners and applications — including Binance Wallet, Trust Wallet, Aster DEX, and several others — have already integrated the updated gas rate as their default setting.
This change means that BNB Chain users can now enjoy ultra-low transaction costs:
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Token swaps: around $0.01
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Adding/removing liquidity: around $0.01
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BEP-20 transfers: nearly zero cost
Speed Meets Efficiency: Near-Instant Confirmations
According to BNB Chain’s official Gas Tracker, transactions are now faster than ever:
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Standard mode (0.05 Gwei): ~16 seconds
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Fast mode (0.05 Gwei): ~8 seconds
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Rapid mode (0.056 Gwei): ~3 seconds
And the best part? Each of these options costs less than $0.01 per transaction, even during periods of higher network activity.
BNB Chain Network Metrics Show Strong Performance
Recent network data highlights the system’s stability and efficiency:
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Average block size: 388
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Network utilization: 48.13%
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Pending transactions: 194
These numbers demonstrate that BNB Chain is operating well below its capacity, providing plenty of room for scalability — even as activity continues to grow across DeFi, NFTs, and gaming applications.
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