Gas price today, GAS to USD live price, marketcap and chart | CoinMarketCap (2024)

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Gas price today, GAS to USD live price, marketcap and chart | CoinMarketCap? ›

Gas Price Live Data

The live price of Gas is $ 3.826961 per (GAS / USD) with a current market cap of $ 248.72M USD. 24-hour trading volume is $ 6.50M USD.

What is the all time high of Gas? The all-time high of Gas is $97.49.

GAS is -0.22% in the last 24 hours, with a circulating supply of 65.09M GAS coins and a maximum supply of -- GAS coins. GAS ranks 235 by market cap. It has a 24H high of $4.14 recorded on Jun 28, 2024, and its 24H low so far is $3.70, recorded on Jun 28, 2024.

Price of GAS today

The live price of Gas is $ 3.852129 per (GAS / USD) with a current market cap of $ 250.36M USD. 24-hour trading volume is $ 6.58M USD. GAS to USD price is updated in real-time. Gas is -0.69% in the last 24 hours with a circulating supply of 64.99M.

According to our Gas price prediction, GAS is forecasted to trade within a price range of $ 2.51 and $ 4.61 next year. Gas will increase by 28.27% and reach $ 4.61 if it reaches the higher value target for 2025.

Gas is a measure of how much it costs someone to transact on the blockchain. This cost is defined using the gas limit, which is the cost per unit of computation the user is willing to pay, and the gas price which is the cost per unit of computation they are willing to pay.

Bitcoin has always been the top choice for investors trading cryptos for profit. It has also been the highest-profit crypto, reaching a record high of $68,000 in November 2021 and again in March 2024.

Adjusted for inflation, the average price of gas in 1981 would have equalled $2.42 a gallon in 2020. To which drivers in 2022 could only say: Give us that deal! According to CNN Business, the price of gas at the pumps across the nation met an all-time-high average of $5.02 per gallon on June 14, 2022.

A gas fee is the term given to transaction fees on the Ethereum (ETH -1.15%) blockchain network. According to Ethereum's developer pages, gas is “the fuel that allows the [Ethereum network] to operate, in the same way that a car needs gasoline to run.”

What is crypto gas limit? ›

The term gas limit refers to the maximum price a cryptocurrency user is willing to pay when sending a transaction, or performing a smart contract function, in the Ethereum blockchain.

A network becomes congested as users submit more transactions. As validators have more transactions to process, costs tend to rise. The opposite is also true: At times when demand for blockchain services slows or the number of available validators increases, the average price of gas tends to fall.

GAS to INR Chart

Gas (GAS) is worth ₹320.74 today, which is a 0.1% decline from an hour ago and a 1.5% decline since yesterday.

Cryptocurrencies with the cheapest gas fees are Nano, Ripple, Monero, Stellar, and Dash. Network Fees: Miners or validators receive these fees for processing transactions on the blockchain. They change depending on network congestion and transaction volume.

US Retail Gas Price is at a current level of 3.598, up from 3.587 last week and down from 3.711 one year ago. This is a change of 0.31% from last week and -3.05% from one year ago. The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations.

Binance offers many options where you can easily buy several cryptocurrencies including Gas, with the lowest fees and highest security. Create a free account on the Binance website or the app.

Gas Tokens: Gas tokens are tokens that can be minted when gas prices are low and burned (destroyed) when gas prices are high. This mechanism enables users to hedge against future gas price increases. Smart Contract Efficiency: Developers can optimize smart contracts to minimize gas consumption.