Price
$2.21
12/3/2022, 7:05:41 PM
diamondHands

Keep an eye on Gas

Get instant alerts for major price changes.

Market

Market stats

Market cap

$22.5M

Volume (24h)

$2.9M

Circulating supply

10.1M GAS

All time high

$97.49

Price change (1h)

+0.03%

Price change (24h)

+0.38%

Price change (7d)

+2.07%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Gas is on the rise this week.

The price of Gas has risen by 2.07% in the past 7 days. The price increased by 0.38% in the last 24 hours. In just the past hour, the price grew by 0.03%. The current price is $2.21 per GAS. Gas is 97.73% below the all time high of $97.49.

The current circulating supply is 10,128,375.106 GAS.

About

What Is Gas (GAS)?

GAS is a cryptocurrency belonging to the Neo platform. The Neo is a community-driven, open-source blockchain platform developed with an aim to facilitate the building of DApps (decentralized applications). According to the website of the asset, the platform’s mission is to make physical and digital assets accessible to humans with programs that minimize permission and trust. In order to fulfill this mission, the platform aims to enable developers to automate and digitize asset management using smart contracts. Besides this, the platform also seeks to provide users with other powerful infrastructures, such as the following:

  • Decentralized storage: A data storage mechanism that reflects a peer-to-peer network of operators between whom the data is shared, aiming to create a resilient data-sharing and storage system.

  • One block finality: A mechanism that seeks to ensure efficient and fast transactions to be completed within a single block of the blockchain while being fault-tolerant.

  • Oracle: A computable mechanism that aims to provide secure access to off-chain data. Off-chain data are large non-transactional data that cannot be efficiently stored in the blockchain.

  • NEOFS: A distributed storage solution that seeks to provide privacy and facilitate data scalability.

  • Poly Network: A cross-chain network infrastructure that aims to facilitate interoperability between Ethereum, Binance Smart Chain, etc.

  • Neo Name Service: A decentralized domain name service for web applications.

  • Neo ID: A decentralized identity solution.

These infrastructures allow the platform to fulfill its vision of an open network smart economy by laying a solid foundation for the next-generation internet. Further, to facilitate transactions on the platform and allow users to access the infrastructures of the platform, Neo has introduced its cryptocurrency, the GAS token.

The GAS is the native fuel token of the platform and is used for all transactional purposes on the platform. Some of the major utilities of the GAS token aim to be the following:

  • Purchasing products and services on the platform

  • Paying a network fee for accessing the services on the platform

  • Medium of compensation for transferring, publishing, and registering assets on the platform

  • Medium of compensation for running DApps on the platform 

  • Rewarding NEO token holders on the platform – (NEO token is another native token of the NEO platform used for governance, voting, claiming GAS, and decision-making on the platform.)

Thus, these utilities of the GAS token seek to help facilitate a smooth operating structure on the platform.

History of Gas (GAS)

Neo, the platform for the GAS token, was founded by Da Hongfei and Erik Zhang in 2014 under the name Antshares. In 2017, Antshares was rebranded as Neo.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Gas in market cap.

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

FAQ

What is the current price of Gas?

The price of 1 Gas currently costs $2.21.

What is the market cap of Gas?

The current market cap of Gas is $22.52M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gas?

The all-time high of Gas is $97.49. This all-time high is highest price paid for Gas since it was launched.

What is the 24 hour trading volume of Gas?

Over the last 24 hours, the trading volume of Gas is $2.87M.

What other assets are similar to Gas?

Assets that have a similar market cap to Gas include Mint Marble, Bluzelle, Burger Swap, and many others. To see a full list, see our comparable market cap assets.

How many Gas are there?

The current circulating supply of Gas is 10 million.