BNB Chain Lowers Minimum Gas Price to 0.05 Gwei — BSC Transactions Now Only $0.005

BNB Chain confirmed via an official social announcement on October 1 that all BSC validators and builders have implemented a new minimum Gas Price of 0.05 Gwei. The network now supports transactions at that fee level, which corresponds to an estimated per-transaction cost of approximately $0.005 based on current BNB-denominated gas calculations. The update was communicated directly by BNB Chain’s team and reflects a coordinated protocol fee policy adjustment across the validator set.

The lower fee floor enhances on-chain cost-efficiency and reduces friction for routine transfers, while giving developers increased margin to optimize smart contracts and microtransaction products. By lowering transaction costs, the change supports broader adoption of low-value on-chain activity and strengthens the competitive position of the BNB Chain ecosystem, consistent with the official announcement and observable fee metrics.