BSC adds 28% more Gas per block: Expansion is real progress: BNB breaks below 797—I’m out first
My stance is basically bullish on fundamentals, but I’m watching from the sidelines in trading. After BNB Chain released the first batch of mainnet data following the Pasteur hard fork, BEP-675’s BidBlock V2 already accounts for about 98% of blocks within the observation window. The average Gas used per block is 28% higher than the old Bid V1 path, with P99 blocks reaching 43.8 million Gas versus about 33.8 million on the old path. This isn’t a testnet TPS paper figure—it’s the observed capacity increase under real mainnet traffic, indicating that the new architecture launched on Aug 25 truly gives block building more headroom.
But I won’t translate “28%” into “BNB should rise 28%” directly. The core of BEP-675 is removing one redundant EVM execution from the time-sensitive path before block production, with the block being submitted already executed by the block builder. Validators still execute and verify locally after broadcasting—checking state roots, receipts, and so on. This isn’t canceling validation. The official team also clearly reminds that these data come from an uncontrolled setting, so you can’t attribute all differences to a single proposal. What needs closer monitoring is builder concentration: during the observation period, 48Club and BlockRazor together produced 97.8% of the blocks. Efficiency improvement is real progress, but relying on a small number of builders is also a structural risk that must be continuously monitored.
On the order book, OKX BNB perpetual is currently around $796.1, with a 24-hour range of $762—$807.4. Funding rate is about +0.01%, open interest is about 68.6k BNB, with a notional value around $54.66 million. After price pushed up to $807.4, it stepped down gradually. In the past 15 minutes, it’s been repeatedly trading between $794 and $799, suggesting that realizing profits above $807 is clearly happening. In my previous public call, I asked for $797—$800 to hold and for a strong reclaim toward $803; after that, price touched the $807—$808 first target zone. But now it has fallen back below $797 again. All I can say is that the earlier path got validated—current “old long” conditions are already invalid, so it can’t be written as executed trades or realized profits.
If I were trading myself, I’d stay at 0 position for now. To go long, I’d wait for $794—$797 to rebuild a buy-acceptance zone, and only if the 15-minute chart reclaims 800.5 would I use 2%—3% of principal to try a spot long. First target: 803.5. Second target: $807—$810. From 803.5, cut one-third; after a spike and then dropping back to 797, cut half again. If the 15-minute candle closes below 792, I’d exit everything, showing the recovery attempt failed.
If price directly stands above 807.5 on strong volume and then pulls back to 804 without breaking, I would at most follow with 1.5% of principal. If it drops back to 801.5, I’d close. Conversely, if 792 drops on volume and a rebound cannot get above 796, then I’d consider at most 0.5% principal with low leverage to try a short, targeting 786 and 780. If it then reclaims 799, I’d stop out immediately. The expansion data are worth tracking, but my positioning will still only follow price and risk conditions.
$BNB
The above is only my personal market observation and does not constitute investment advice.
My stance is basically bullish on fundamentals, but I’m watching from the sidelines in trading. After BNB Chain released the first batch of mainnet data following the Pasteur hard fork, BEP-675’s BidBlock V2 already accounts for about 98% of blocks within the observation window. The average Gas used per block is 28% higher than the old Bid V1 path, with P99 blocks reaching 43.8 million Gas versus about 33.8 million on the old path. This isn’t a testnet TPS paper figure—it’s the observed capacity increase under real mainnet traffic, indicating that the new architecture launched on Aug 25 truly gives block building more headroom.
But I won’t translate “28%” into “BNB should rise 28%” directly. The core of BEP-675 is removing one redundant EVM execution from the time-sensitive path before block production, with the block being submitted already executed by the block builder. Validators still execute and verify locally after broadcasting—checking state roots, receipts, and so on. This isn’t canceling validation. The official team also clearly reminds that these data come from an uncontrolled setting, so you can’t attribute all differences to a single proposal. What needs closer monitoring is builder concentration: during the observation period, 48Club and BlockRazor together produced 97.8% of the blocks. Efficiency improvement is real progress, but relying on a small number of builders is also a structural risk that must be continuously monitored.
On the order book, OKX BNB perpetual is currently around $796.1, with a 24-hour range of $762—$807.4. Funding rate is about +0.01%, open interest is about 68.6k BNB, with a notional value around $54.66 million. After price pushed up to $807.4, it stepped down gradually. In the past 15 minutes, it’s been repeatedly trading between $794 and $799, suggesting that realizing profits above $807 is clearly happening. In my previous public call, I asked for $797—$800 to hold and for a strong reclaim toward $803; after that, price touched the $807—$808 first target zone. But now it has fallen back below $797 again. All I can say is that the earlier path got validated—current “old long” conditions are already invalid, so it can’t be written as executed trades or realized profits.
If I were trading myself, I’d stay at 0 position for now. To go long, I’d wait for $794—$797 to rebuild a buy-acceptance zone, and only if the 15-minute chart reclaims 800.5 would I use 2%—3% of principal to try a spot long. First target: 803.5. Second target: $807—$810. From 803.5, cut one-third; after a spike and then dropping back to 797, cut half again. If the 15-minute candle closes below 792, I’d exit everything, showing the recovery attempt failed.
If price directly stands above 807.5 on strong volume and then pulls back to 804 without breaking, I would at most follow with 1.5% of principal. If it drops back to 801.5, I’d close. Conversely, if 792 drops on volume and a rebound cannot get above 796, then I’d consider at most 0.5% principal with low leverage to try a short, targeting 786 and 780. If it then reclaims 799, I’d stop out immediately. The expansion data are worth tracking, but my positioning will still only follow price and risk conditions.
$BNB
The above is only my personal market observation and does not constitute investment advice.
