Binance – Can BSC’s $0.005 fees reshape BNB’s Q4 outlook?

Key Takeaways

Why does BSC’s new 0.05 Gwei fee matter?

It slashed transaction costs to ~$0.005, making BSC one of the cheapest L1s and fueling trader adoption.

What’s next for BNB?

Core devs are targeting gas cuts of 90%+, signaling more cost pressure ahead and keeping BNB a key Q4 watch.

Binance Smart Chain [BSC] closed Q3 on a bullish note, posting 1.5 billion transactions. That’s more than 10× Ethereum’s 144.5 million, highlighting its growing dominance in low-cost, high-frequency activity.

Simply put, traders are routing volume through BSC, clearly favoring it over Ethereum [ETH] for on-chain flows.

That said, Solana [SOL] still flexes with 28.5 billion transactions, keeping throughput supremacy firmly in its corner.

And this isn’t random.

BNB Chain slashes gas fees again

With a base fee of $0.000005 per transaction, Solana’s fees are among the lowest in the blockchain industry. However, it looks like BSC is now carving out its niche by rolling out a new fee plan.

“Today, all BNB Smart Chain (BSC) validators and builders have adopted the new minimum gas price of 0.05 Gwei and BSC is fully ready to accept transactions at this rate. That’s $0.005 per transaction, making BSC one of the most cost-efficient blockchains in crypto.”

In short, BSC transactions now run way cheaper than the old 0.1 Gwei. In fact, this is the third gas cut since April 2024, showing the devs are serious about keeping the chain competitive and ultra-low-cost for users.

And the timing couldn’t be better.

Technically, BNB closed Q3 with 50%+ ROI, smashing ATHs three times in a row to $1,083.

Now, with fees this low, the big question is – Where’s BNB heading in Q4?

Past cuts prove BSC’s fees drive trader volume

Past validator moves show why BSC’s gas strategy matters. 

In April 2024, fees dropped from 3 Gwei to 1 Gwei (–67%), then again in May 2025 from 1 Gwei to 0.1 Gwei (–90%). The impact was clear: Median fees fell 75% from $0.04, while daily txs jumped 140% to over 12 million.

Source: Token Terminal

Swap activity tells the same story.

By June 2025, swaps went from 20% to 67% of total transactions, cementing trading as the dominant use case. DEX volume popped to $7.05 billion, revisiting levels last seen in 2021.

Source: DeFilLama

In short, BSC’s aggressive gas cuts drove massive on-chain adoption.

BNB Q4 outlook

Against this backdrop, the latest drop to 0.05 Gwei isn’t just another tweak. Instead, it’s a long-term bet on BNB’s growth, coming right as Web3 starts catching real institutional eyes. 

And the BSC devs are already signaling they’re not stopping here.

In a post, core developers outlined their goal to push gas even lower, targeting a 90%+ cut from historical levels, giving the chain a clear edge in Q4.