In recent news, multiple developments have been announced in the cryptocurrency world emphasizing on reducing gas fees, making transactions more efficient, and prioritizing certain transactions over others. Starting with
Justin Sun announcing
Gas-Free USDT payments on TRON, a feature expected to launch soon. On the BNB Chain, the priority is on transactions related to
memecoin, especially as gas fees surge, indicating a 400% growth in transaction fees.
Ethereum raised its gas limits, an initiative taken for the first time since 2021. BNB Chain also announces major updates to optimize
BSC as meme coin speculation leads to increase in gas fees. An increase in Ethereum's gas fees generates contrasting views and
Vitalik Buterin argues for an increase in gas limits, contrary to suggestions for lowering fees. Meanwhile, B3's price increases as it becomes a zero gas contender, indicating an alternative resource for gas for cryptocurrencies.
MetaMask introduced a solution to pay gas fees using swapped tokens, and
Coinbase in response, introduced a system that links energy markets to gas revenue. Controversially, the price of GAS crypto pumped by 11% as NEO targets AI agents in 'Escape from the Matrix'. Reduction of gas-flaring is seen as a $16 billion opportunity and plans for gas fee reductions are initiated on multiple fronts.
GAS Coin News Analytics from Wed, 20 Sep 2017 19:58:34 GMT to Wed, 26 Feb 2025 12:35:29 GMT -
Innovation 6
- Information 7
