The Lorentz hardfork for Binance (BNB) Smart Chain could impact both its price action and its on-chain activity, which has recently been in an uptrend.
BSC Lorentz Mainnet HardFork
A major network performance improvement through the Lorentz hardfork for Binance Smart Chain (BSC) is scheduled on April 29, 2025, at 05:05 UTC.
BNB Chain announced that the system update would cut block time from 3 seconds to 1.5 seconds, which could result in reduced latency, accelerated transaction confirmations, and a better user experience for the entire ecosystem.
More responsive decentralized applications (dApps) could result from the quick block intervals, which would help all three groups: builders, validators, and users.
Source: X
The upgrade included multiple adjustments to its system. The governance vote (BEP-520) introduced changes to six parameters to match the reduced block time by increasing turnLength to 8 blocks, while the misdemeanor threshold reached 100.
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