BNB Chain has implemented an upgrade to its BSC network to address a surge in gas fees, which reached a 400% increase. The new system enables validators to process more bids, improving the chances of executing high-value memecoin transactions.
Over the past week, BNB Chain users incurred nearly 15 million USD in transaction fees. This amount surpasses Ethereum’s 7 million USD and indicates a robust user engagement on the network, influenced by recent memecoin activities related to Binance founder CZ Zhao.
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