Coinbase’s Layer 2 System Base has gained a marketplace connected to gas revenue. This development, along with the implementation of the
Gas Station Feature by Metamask and Bitget’s partnership with Cats (CATS) for Gas-free Airdrop Claim and Launchpool Listing, can potentially affect GAS Coin. Meanwhile, increased gas limits on Ethereum L1 hold risks and rewards.
Tron is developing a gas-free stablecoin for Ethereum and Tron chains, presenting competitive alternatives to GAS Coin.
Vitalik Buterin recently proposed an Ethereum gas model overhaul, which could have implications for GAS Coin. Ethereum's gas fees have significantly fallen, according to an Etherscan report, but whether this trend will extend to GAS Coin is unclear. Airdrops of new tokens are also happening, with Layer-2 Network Fuel recently deciding to airdrop 10% of New FUEL Token Supply. Continuing the theme of reduced fees, PancakeSwap integrated Zyfi for gas-free DeFi trading and Rabby Wallet introduced GasAccount to simplify gas payments. UniswapX offered zero gas fees on confirmed & failed swaps. A significant drop in Ethereum's gas fee could be hinting towards a bullish signal for Ethereum. It remains to be seen how GAS Coin market reacts to these developments.
GAS Coin News Analytics from Tue, 19 Jan 2021 08:00:00 GMT to Tue, 14 Jan 2025 08:00:00 GMT -
Rating 7
- Innovation 0
- Information 2
- Rumor 2
