BNB Smart Chain (BSC) Hits Record 5 Trillion Daily Gas Usage As Network Activity Surges

Share This Post

As BNB rallies to new highs, the BNB Chain ecosystem achieves new milestones, fueled by record performances in network activity, gas efficiency, and trading-driven growth.

BSC Hits New Gas Usage Milestone

On Wednesday, the BNB Chain ecosystem hit new record levels of gas in a single day, driven by a significant increase in network activity. According to BscScan data, the BNB Smart Chain (BSC) has had a remarkable week in this metric, surpassing its June 2025 high of 3.44 trillion twice.

On October 8, BSC reached a new all-time high (ATH) of 5.02 trillion gas used in a single day, overtaking Tuesday’s 4.17 trillion milestone. Notably, the network has seen over 2 trillion in gas used daily since the start of the month, signaling growing on-chain activity and ecosystem adoption.

BNB

This feat comes as the BNB Chain announced that its new 0.05 Gwei standard gas price has become fully adopted across the ecosystem, with partners such as Binance, Binance Wallet, Trust Wallet, and decentralized exchange (DEX) Aster implementing it as their default gas configuration.

In late September, BNB Chain validators proposed halving fees and accelerating block speeds to keep BSC “competitive with the fastest chains in crypto.” The now-approved plan aimed to lower the minimum gas price from 0.1 Gwei to 0.05 Gwei, or $0.005 per transaction, and accelerate block intervals from 750ms to 450ms.

The change follows a series of gas cuts since April 2024, which have led to a 75% drop in median fees and a 140% increase in daily transactions to over 12 million. The announcement noted that “gas fees matter most for traders” as trading is now the dominant activity on BNB Chain, with swap-related transactions surging from 20% at the start of the year to 67% by June.

Now that the new standard is fully implemented, the 5 trillion gas milestone was accompanied by 24 million swap-related transactions in 24 hours, accounting for 77% of all network activity.

BNB Chain Ecosystem Momentum Grows

The ecosystem has also seen BSC outperform other networks in DEX activity, with data showing that it recently ranked first across all chains. As reported by Bitcoinist, the network surpassed Ethereum and Solana on DEX daily trading and chain fees on Wednesday.

According to DeFiLlama data, BSC recorded over $6.05 billion in DEX trading volume, overtaking Solana’s $4.73 billion and Ethereum’s $3.88 billion. Meanwhile, the chain also saw $5.57 million in daily transaction fees, approximately 140% more than its two biggest competitors.

On Thursday, BSC continues to lead in chain fees with $7.88 million in the past 24 hours. However, it has fallen to the second spot in DEX daily trading volume with $6.10 billion, surpassed by Ethereum’s $6.20 billion. The chain also placed second in active addresses, with 2.54 million.

Meanwhile, the Binance Wallet recently led among IDO launchpads in terms of profitability, driven by the massive returns of various projects built on the network.

In September, the Binance Wallet hit an all-time high Return of Investment (ROI) of 7,976%, surpassing most IDO launchpads in multiple timeframes. Notably, seven of the top ten tokens with the ATH IDO returns on the Binance Wallet were BNB Chain projects, recording historical returns of up to 2,000x.

 

Amid the ecosystem’s momentum, BNB has continued to break past multiple price barriers, seeing a wave of capital rotation from Solana and reaching a new ATH of $1,330 yesterday.

BNB, BNBUSDT

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Are Weak ETF Inflows Holding LINK Price Back? Is It Gonna Hit $8?

The post Are Weak ETF Inflows Holding LINK Price Back Is It Gonna Hit $8 appeared first on Coinpedia Fintech News The LINK price remains capped and under bearish pressure despite there being strong

Squeeze Incoming? Bitcoin’s $90K Compression Set to Pop Wide Open

This weekend, bitcoin is coasting along between the $89,250 to $90,500 range, giving off “maybe I will, maybe I won’t” vibes as it flirts with a breakout but lacks follow-through With a market

Hyperliquid’s Latest Announcement: Why It Could Be A Game Changer For HYPE Investors

Hyperliquid (HYPE), one of the largest decentralized exchanges (DEXs) in the industry, has announced the pre-alpha launch of a portfolio margin system on its testnet, marking a significant advance

XRP Price Holds Above $2 Again — What’s Next For The Altcoin?

The XRP price has been on a steep downward spiral throughout the second half of 2025, falling from its all-time high of around $365 However, finding support at the $2 mark has been a consistent theme

Strategy Retains Nasdaq-100 Spot, MSCI Delisting Risks Remain

The post Strategy Retains Nasdaq-100 Spot, MSCI Delisting Risks Remain appeared first on Coinpedia Fintech News Strategy, the company led by Bitcoin advocate Michael Saylor, has successfully held its

Bitcoin Bearish Signals Are ‘Hard To Ignore’: Analyst Warns Of Drop To April Lows

As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around