Crypto: The BNB Chain Explodes Volumes with Ultra-Low Fees

BNB Chain seems ready to write a new chapter in its history. With ultra-low gas fees at 0.05 Gwei, a record perpetual volume of 51.3 billion dollars, and massive developer adoption, Binance’s ecosystem is putting all the odds in its favor to reach new heights and compete with Ethereum Layer 2 and Solana.

BNB Chain reduces its fees and boosts on-chain adoption

BNB Chain has deployed a methodical strategy to distance itself from the competition. Validators have proposed to halve the minimum gas fees, reducing them from 0.1 to 0.05 Gwei, while accelerating the block interval to 450 milliseconds. This offensive approach definitely positions the blockchain among the most accessible solutions in the sector, thus boosting on-chain activity.

Former Binance CEO Changpeng Zhao (CZ) amplified this momentum by calling for a further 50% reduction in fees. His viral message published on X “Let’s reduce fees another 50% on the #BNB chain?” clearly illustrates the ecosystem’s ambition: to establish itself as the ultimate benchmark in blockchain accessibility.

These technical optimizations give BNB Chain a tangible competitive advantage. With average fees below $0.03 and an extended gas limit up to 140 million gwei, the platform massively attracts Decentralized Applications requiring high transaction volumes. 

Community metrics also confirm this superiority. BNB Chain currently exceeds all Layer 1 and Layer 2 networks. The chain processes more than 200 transactions per second in real time.

The perpetual volume breaks the record

The impact of these technical optimizations is immediately reflected in the on-chain metrics of BNB Chain. Indeed, on September 23, on-chain perpetual trading volumes reached a historic peak of 51.3 billion dollars.

This performance is part of a broader expansion dynamic. Indeed, in June 2025, BNB Chain had already set a monthly record of 33.29 billion dollars in perpetual volume, doubling previous peaks. 

Beyond derivatives trading, the BNB Chain ecosystem shines through its diversity. The network now hosts over 1,095 projects spread across DeFi, gaming, and NFT sectors, with a total value locked (TVL) of 7.68 billion dollars. This organic growth reflects developers’ trust in the technical capabilities and future of the blockchain.

However, this rapid expansion also reveals structural vulnerabilities. The excessive concentration of crypto activity around Binance raises questions about the real level of decentralization. Meanwhile, the strong dependence on perpetual trading volumes exposes BNB Chain to market volatilities and regulatory developments on derivatives products.

With almost free fees and record on-chain activity, BNB Chain seems on an upward trajectory. But the strategy remains fragile: centralization, dependence on perps, and fee wars could limit its potential. For now, the bet appeals to investors. But the real test will come long-term, when technical innovations and regulatory constraints collide.