↗ Gas Coin Sees Major Developments Amid Market Volatility
Tron intends to allow gas fees payable in USDT as well as introduce gas-free USDT transactions. This move is happening amidst a significant...
The cryptocurrency world is buzzing around developments linked to 'Gas' coins. Most notably, Ted Cruz has proposed legislation called the FLARE Act that would redirect flared gas towards Bitcoin mining. Simultaneously, the TRON network allows fee payments in USDT, negating the need for native tokens. A noteworthy decrease in Ethereum gas fees by 95% has been reported following the Dencun upgrade, which has boosted transaction efficiency on the platform.
Coinbase entered the scene with a Layer 2 marketplace tied to gas revenues. It appears that an ongoing battle between bulls and bears could have consequences for the natural gas market. Higher volatility is noted as BNB prioritizes memecoin transactions despite a 400% surge in gas fees. Ethereum gas fees have hit a record low as the coin value increases beyond $2,600.
MetaMask has unveiled a roadmap planning to eventually end gas fees, and Petrobras seeks to fuel Bitcoin mining with oil gas. Tron (TRX) is looking at abolishing gas fees for USDT transactions in the near future, and Ethereum gas fees have surged 498% in two weeks amidst increased network activity. Lastly, Tron is preparing to launch a 'Gas Free' feature for Tether USDt, and Metamask is rolling out a Gas Station feature aimed to streamline DeFi transactions.
GAS Coin News Analytics from Mon, 07 Aug 2017 19:29:39 GMT to Wed, 02 Apr 2025 10:36:20 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor -4
