CZ Proposes Slashing BSC Gas Fees by Up to 10 Times

Binance founder CZ has suggested a significant reduction in Binance Smart Chain (BSC) gas fees, sparking debate among the crypto community. In a recent X post, he proposed lowering gas fees on the network by three to ten times their current levels. This proposal comes amidst concerns about spam and validator incentives. 2025: While the current average gas price on BSC Chain is down from previous days (2.163 Gwei) and last year’s average (3.691 Gwei), CZ’s suggestion has elicited mixed reactions with some advocating for zero fees to encourage increased network usage, while others believe this may be impractical.