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

CoinGape LogoCoinGape2d ago

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

Quick Summary:

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.

BNB price may be on the verge of an upswing towards $700 as teased by the double-bottom pattern formation on the daily chart.

More Pictures

BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal - CoinGape (Picture 1)BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal - CoinGape (Picture 2)BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal - CoinGape (Picture 3)BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal - CoinGape (Picture 4)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 12:16:32 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28514338

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 3 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal" has 471 words across 37 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "BNB Price Targets $700 as Binance Chain Fees Drop 90% After CZ Proposal" was covered 2 days ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 3 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28514338
  • URL: https://arundinaceous.beamstart.com/news/bnb-price-targets-700-as-17467933192557

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