Zhao's big move! The BNB chain aims to cut transaction fees by 90%, directly competing with Solana?

In May, according to reports from the Crypto King official account, the BNB chain may undergo significant changes! Zhao proposed a controversial proposal: to reduce BNB chain transaction fees by 90%, intending to counter the 'ultra-low price' competition from public chains like Solana. Currently, the BNB chain has a daily trading volume exceeding 7.2 million, with an average transaction fee of about $0.01, far lower than Ethereum's $0.42, but still higher than Solana's $0.0035.

If this proposal is implemented, it will enable the BNB chain to stand out in the fee war. However, extremely low fees may lead to rampant spam transactions and increased pressure on validators. Technically, the price of BNB is fluctuating around $606, with the RSI indicating there is still room for upward movement, while the MACD is showing signs of short-term weakness.

Analysts have differing opinions; some expect it to reach $1275 by the end of the year, while conservatives believe it will fluctuate between $676 and $926. Whether the BNB chain can maintain a balance of low fees and high efficiency may determine its future ranking in the public chain battle.