BNB Chain Maxwell Upgrade Goes Live Today, Slashes Block Times to 0.75 Seconds

Key Points

1. The Maxwell upgrade reduces block times from 1.5 seconds to 0.75 seconds, positioning BNB Smart Chain as the fastest major blockchain with sub-second finality and maintaining $0.04 average transaction fees.

2. Three critical proposals were implemented: BEP-524 (0.75-second block intervals), BEP-563 (enhanced validator network communication), and BEP-564 (smarter block fetching).

3. BNB Chain's Q1 2025 revenue surged 58.1% to $70.8 million, with 4.9 million daily transactions (20.9% quarterly growth) and 1.2 million daily active addresses (26.4% increase).

4. DeFi engagement remains strong, with Total Value Locked (TVL) growing 14.7% in BNB terms, and PancakeSwap dominating 91.8% of DEX activity.

5. Security improvements, including a 67% reduction in financial losses and a 90% reduction in sandwich attacks, have contributed to BNB's market cap surpassing $650.