The Maxwell hard fork on the BNB Smart Chain has reduced block times by nearly 50%, from 1.5 seconds to 0.8 seconds.
By Bhushan Akolkar
Editor Julia Sakovich
Updated
2 mins read
The much-awaited Maxwell upgrade on the BNB Smart Chain went live, with the average block time falling by nearly 50% from 1.5 seconds to now at 0.8 seconds. Last week, the team behind the BNB Chain stated that the upgrade will make transaction processing faster for the users.
It also stated that developers will now be able to build more responsive decentralized applications (dApps), provide lower latency for decentralized finance (DeFi), lead to validator sync, boost scalability, and improve the overall network efficiency.
⚠️ Maxwell Hardfork goes live in a few hours, here's everything you need to know 🧵 👇 https://t.co/rrnovdv016
— BNB Chain (@BNBCHAIN) June 29, 2025
By successfully integrating the Maxwell hard fork, the BNB Chain incorporates three key proposals BEP-524, BEP-563, and BEP-564. The overall goal with each of these three proposals is to improve the chain’s overall speed, reliability, and validator performance.
BNB Chain’s native cryptocurrency BNB BNB $653.2 24h volatility: 0.5% Market cap: $95.30 B Vol. 24h: $490.65 M price is currently trading at $653, recovering from the lows of $606 last week. Furthermore, its daily trading volume has surged by 12.39% to $1.34 billion. Market analysts predict a strong rally ahead for the altcoin.
Popular analyst Crypto Patel stated that BNB price is holding firmly above the strong support of $600.
What if you woke up and $BNB was trading above $2000?#BNB is holding strong above support and forming a similar structure to its previous 10x move. The last time it broke out from this kind of pattern, it rallied over 1,800%.
Target 1: $2,000+
Target 2: $5,000
Momentum is… pic.twitter.com/lZ6uMZhzdf— Crypto Patel (@CryptoPatel) June 28, 2025
During the last breakout from a similar pattern, BNB surged by over 1,800%, signaling the potential for another significant upward move, he added, setting up targets of $2,00 and $5,000 for the altcoin. “Momentum is building — history might be about to repeat,” he added.
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
