Gate News Bot Update, February 28: According to CoinMarketCap data, at press time, GWEI (ETHGas) is priced at $0.05, up 34.66% in the past 24 hours. The highest reached $0.05, and the lowest dropped to $0.03. The current market cap is approximately $83.2 million, an increase of $21.4 million from yesterday.
ETHGas is a platform aimed at transforming Ethereum block space into tradable commodities by breaking down block space into atomic components, supporting instant settlement and Ethereum’s largest gas rebate program. Its mission is to develop Ethereum into a real-time network, eliminate gas fees, promote institutional adoption, and enable on-chain applications for the next billion users. The platform facilitates direct purchase of block space and pre-confirmations from validators through a block space trading marketplace, granting serialized rights for fast transactions. Additionally, ETHGas offers gas rebates through the “Open Gas” program for protocols seeking incentives for specific transaction types. The platform has completed a security audit by Sigma Prime and is supported by well-known investment firms and validator nodes including Polychain Capital, Stake Capital, and Quantstamp.
Recent Key Updates on GWEI:
1️⃣ GWEI Token Launches Governance Mechanism
ETHGas has launched the GWEI token for on-chain execution and governance of Ethereum block space, marking its evolution from a functional tool to a full ecosystem. The token enables community participation in governance and lays the foundation for predictable platform execution. This milestone has attracted market attention and enthusiasm.
2️⃣ Innovative Block Space Trading Model Gains Institutional Recognition
Through the “Open Gas” plan and the block space trading marketplace, the platform addresses Ethereum gas fee issues. It has gained support from prominent investors like Polychain Capital, Stake Capital, and Quantstamp. Their participation validates the platform’s feasibility and market value, boosting investor confidence in GWEI.
3️⃣ Security Audit Completed to Strengthen User Confidence
The platform has completed a security audit by industry-recognized Sigma Prime, providing technical risk assurance for token holders and traders. This certification alleviates some user concerns and supports recent price increases.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (April 24): US Treasury sanctions Cambodian crypto “pig butchering” scams; Tether mints an additional 1 billion USDT
Bitcoin (BTC) rebound momentum is weakening, with a temporary quote around $78,030 as of April 24. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Cambodian politician linked to a crypto “pig butchering” scam center. Tether issued another 1 billion USDT on the Ethereum network; over the past 5 days, it has issued a total of 3 billion USDT on the Ethereum network.
MarketWhisper04-24 01:55
Gate Daily Report (April 23): The U.S. government runs Bitcoin nodes; Tesla’s BTC holdings remain unchanged
Bitcoin (BTC) continues the rebound trend from the beginning of the week, trading at around $78,230 as of April 23. U.S. Pacific Command Commander Samuel Paparo said in a congressional hearing that the U.S. government operates Bitcoin nodes to conduct cybersecurity tests, but does not participate in mining. Tesla’s first-quarter Bitcoin holdings remain unchanged, and its digital-asset impairment loss is $173 million.
MarketWhisper04-23 01:39
Ethereum Breaks Through $2,400 as Daily Decline Holds at 0.15%
Gate News message, April 22 — Ethereum broke through the $2,400 mark today, though the cryptocurrency recorded a 0.15% decline over the 24-hour period.
GateNews04-22 17:43
OpenSea Launches Mobile Perpetuals Trading for Beta Users, Kicks Off 5-Day Trading Contest
Gate News message, April 22 — OpenSea has rolled out mobile perpetuals (Perps) trading functionality to select beta users and will launch a five-day trading contest beginning April 23 at 5 a.m. UTC+8. The competition is restricted to mobile beta testers, with all participants receiving an initial
GateNews04-22 15:29
Gate Daily Report (April 22): A U.S. PACE bill is set to allow the Federal Reserve to pay for access; Kalshi plans to launch sustainability futures
Bitcoin (BTC) sees a short-term rebound, temporarily trading at around $76,230 as of April 22. A bipartisan PACE bill in the U.S. would seek to allow the Federal Reserve’s payment system to be connected, with support from the crypto industry. According to The Information, Kalshi is considering launching sustainable futures to expand its cryptocurrency business.
MarketWhisper04-22 01:38
Major CEX Launches Spot Trading for OpenGradient (OPG) Token on April 21
A major exchange launches OPG spot trading with the OPG-USD pair starting April 21, 2026. Trading will roll out gradually to ensure liquidity and stability, with access limited by regional regulatory requirements.
OpenGradient (OPG) is being listed for spot trading on a major centralized exchange, issuing the OPG-USD pair on April 21, 2026. The rollout will be phased and regionally restricted to manage liquidity and regulatory constraints.
GateNews04-21 16:52
