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BNB Chain has announced comprehensive updates aimed at significant improvements by 2025. These updates will reduce block times to sub-second speeds, eliminate transaction fees, and provide faster, free payment options. Additionally, user experience will be enhanced with AI-powered smart wallets, while the daily transaction target will rise to 100 million.
Reduced Block Times and Eliminated Transaction Fees
BNB Chain aims to lower block times from the current three seconds to sub-second intervals, providing faster transaction verification. This change will offer users a smoother and more efficient transaction process. The elimination of transaction fees will be one of the most notable steps, expanding the previous gasless system, which was only applied to stablecoin payments, to encompass all transactions.
These developments aim to boost the network’s transaction volume and attract more users. The introduction of new tools for developers will contribute to BNB Chain’s growth. Binance CEO Changpeng Zhao noted that these innovations will make the daily target of 100 million transactions feasible.
AI-Powered Wallets on the Horizon
AI-powered smart wallets are set to elevate the user experience on BNB Chain. These next-generation wallets will optimize key management, transaction sequencing, and many other essential features. This innovation will help users manage their cryptocurrency assets more securely and conveniently.
To enhance network security, the update package also includes new measures to prevent MEV attacks. Technical developments such as block voting systems, mempool reductions, and coordination frameworks will make the network more resilient to attacks.
Following this announcement, Binance Coin (BNB) experienced an 8.1% increase in market value. However, despite this rise, BNB fell behind Solana 
$167 in terms of market capitalization, creating a new dynamic among traders and prompting closer monitoring of BNB Chain’s competitive measures.
The updates announced by BNB Chain are expected to satisfy users in terms of both security and transaction performance. Market experts believe that these advancements in the network’s technical capacity will strengthen BNB Chain’s position within the cryptocurrency market.
