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BNB

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

Rubmar Garcia
by Rubmar Garcia
2 weeks ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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.

Related Reading: US Labor Union Urges Senate To Oppose Crypto Bill Over Pension, Workers’ Risks

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

BSC's daily gas used hits 5 trillion ATH. Source: BscScan

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.

Related Reading: Bank Of England Eyes Exemptions To Controversial Stablecoin Cap Proposal – Details

BNB, BNBUSDT

BNB's performance in the one-week chart. Source: BNBUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Rubmar Garcia

Rubmar Garcia

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Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football.

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