one of the strongest weapon of bsc chain over eth chain is the low transaction fee which has been doing well for some time. recently i noticed swapping on bsc dex now cost more than usual.
BSC does it functions very well to prevent or deal with high waiting transactions. I don't see any report on network congestion on Binance Smart Chain so far. I admit that I don't like Changpeng Zao and Binance but they create an excellent chain and as users, we get benefit from that one.
General facts about transaction fee on any network
- With same capacity of network, chain, the more transactions, the higher fee will be.
- With same fee rate, in BTC, satoshi, Ethereum, Gwei, BNB, the higher a coin price is, the higher the fee will be. Because transaction fee is calculated by fee rate multiplies coin price together with transaction size.
- Network, protocol can not reduce transaction fee by reduce coin price.
In the past months, BNB rose a lot and its price growth does affect transaction fee on Binance Smart Chain.