BNB Chain developers plan to double transaction speeds and cut network fees by 90%

BNB Chain developers hope to increase transaction speed by more than double and reduce network fees by 90% as part of the opBNB new technology roadmap for layer 2 networks. Under this plan, this growth will increase the transaction processing volume per second (TPS) from about 4,000 transactions to 10,000 transactions, and reduce costs to $0.0005 within six months. The first fee reduction, from $0.005 to $0.001, is planned for December 12th.