😱A Shocking Move! CZ Slashes BNB Gas Fees by 10 Times, Targeting Ethereum and Solana's Dominance? 🚨💥

Binance founder Zhao Changpeng (CZ) has dropped a bombshell: plans to reduce BNB chain Gas fees by 3-10 times, aiming at Ethereum and Solana, seeking to reshape the L1 competition landscape!

BNB fees are already low, but CZ wants to go further

The current median Gas on the BNB chain is only 1 Gwei (approximately $0.01 per transaction), processing over 7.2 billion transactions in 24 hours, with an average fee of $0.0945. CZ proposes further fee reductions, striving to crush competitors' user costs, but must be wary of spam and network pressure risks.

Pressure on Ethereum and Solana

Despite Ethereum's optimization and upgrades, the average fee remains as high as $0.42 in 24 hours. Solana dominates high throughput with an ultra-low fee of $0.0035 ($0.000024 SOL). CZ's fee reduction plan targets the weaknesses of both, aiming to establish the BNB chain as the king of cost and performance!

Will the L1 battleground change?

CZ's aggressive strategy may allow the BNB chain to find a sweet spot between Ethereum's efficiency and Solana's low fees. The official statement has yet to be released, but the market is already holding its breath!