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BNB Chain rolled out the Fermi hard fork on January 14, 2026 at 02:30 UTC, delivering a major performance upgrade.
• Block times dropped from 0.75s to 0.45s, making the network roughly 40% faster
• Daily active addresses have rebounded to 2–3 million, close to 2021 highs
• TVL is still relatively low at ~$7B, compared to $20B+ in 2021
• Heavy usage with reduced liquidity raises risks such as congestion, MEV, and failed transactions
• BEP-590 enhances rapid finality to maintain reliable settlement at higher throughput
• The upgrade is essential for scaling DeFi, trading, and consumer applications
• Fermi’s real-world performance will be a decisive benchmark for BNB Chain’s future competitiveness