BNB Chain follows Ethereum with latest upgrade: Any impact on price?

Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% fee reduction.with Ethereum’s Dencun upgrade, which brought about a decrease in gas fees. Interestingly, BNB Chain did not deny that the EIP4844 inspired it. Concerning this it explained that,

However, reduced transaction fees could mean increased demand for the BNB cryptocurrency. Should this be the case, the price of the coin might be able to approach its all-time high of $720.67 again. The idea behind assessing this indicator is to see if traders view the upgrade as a catalyst to drive a price increase or not.

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