Binance has announced a 90% reduction in gas fees on its Alpha BSC chain, significantly lowering transaction costs for users. This measure was implemented on May 9, 2025, to enhance competitiveness.
Changpeng Zhao Responds to User Feedback
The 90% cut in gas fees on the Alpha BSC chain dramatically lowers transaction costs on-chain. This decision was driven by Changpeng Zhao's user feedback on social media, "Should gas fees on BSC be reduced? By 3 times or 10 times?".
Lower Fees Double BSC Weekly Trading Volume
The fee cut is expected to make the network more accessible, particularly for users in low-income countries. Reports indicate this change has doubled the weekly trading volume, reflecting increased user activity. "Reducing gas fees will increase user-friendliness, especially for users in low-income countries." - Changpeng Zhao.
Fee Reduction Mirrors Trends in User Engagement Growth
Similar fee reductions in blockchain networks often lead to increased user engagement. Binance's latest move continues this pattern by responding to competition and user demand.
The significant reduction in gas fees on the Alpha BSC chain is likely to have a positive effect on network accessibility and attract new users while fostering the active development of the ecosystem.
