BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal

BNB Eyes $700 as CZ Pushes 90% Binance Chain Fee Cut

BNB price surged over 10%, hitting $642.92 after CZ’s 90% BSC gas fee cut proposal. RSI reached 78.42, confirming strong bullish momentum and overbought conditions. BNB may test $700 if Binance validators approve the proposed BEP-336 transaction model. On May 9, Binance Coin (BNB) climbed to $642.92, rising over 10% in 24 hours. The price rally followed a proposal from Binance founder Changpeng Zhao (CZ) to cut gas fees on Binance Smart Chain (B…

Binance Cuts BSC Gas Fees by Ninety Percent

Binance reduces BSC gas fees to improve transaction efficiency and lower costs. Impact on BNB and DeFi significance.

BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal

Binance Coin (BNB) price eyes massive gains past $700 after fees on the BSC Chain dropped by 90% after a recent proposal filed by Changpeng Zhao (CZ) passed. The declining fees have seen the blockchain hit a one-year milestone, making the case for a sustained upward trend. At press time, BNB trades at $634 with a 3% gain in 24 hours. Its gains follow a strong bullish momentum across the broader crypto market as Bitcoin price topped $100,000, pus…