Changpeng Zhao Plans to Slash BNB Chain Gas Fees by 10x! Are Solana and Ethereum in Trouble?

Binance founder Changpeng Zhao (CZ) is shaking up the Layer-1 battlefield with bold new strategies! In a major move, CZ has announced plans to cut BNB Chain gas fees by up to 10x, a change that could seriously disrupt the dominance of Layer-1 giants like Ethereum and Solana.

What’s happening?

BEP-336 (Haber Hard Fork): A new technology called blob-carrying transactions will drastically reduce data storage on-chain, potentially lowering transaction fees to as low as $0.0001!

opBNB Roadmap: BNB Chain aims for 10,000 transactions per second (TPS) while reducing costs by 10x, making it highly attractive for developers and users from other blockchains.

2025 Upgrades: Plans are in place to lower block times to under 1 second and introduce gasless transactions, allowing users to pay fees using stablecoins or other BEP-20 tokens.

What does this mean?

This groundbreaking move could:

Make BNB Chain more efficient and cheaper than Ethereum and Solana.

Attract new dApps and a broader user base.

Increase utility for the BNB token in DeFi and NFT ecosystems.

Could this reshape the Layer-1 map?

It’s very possible. With lower fees and faster speeds, BNB Chain is gearing up to lead a new era of scalable and user-friendly blockchain technology. We could be witnessing a major shift in the Layer-1 landscape.

#BNBChain #CZ #Blockchain #Ethereum #Solana #GasFees #Layer1 #CryptoNews