BREAKING: ETHGas (GWEI) Surges 23% to $0.127133 in 24 Hours
ETHGas (GWEI), the Ethereum gas-focused token, has surged 23.1% in the past 24 hours to reach $0.127133, coming within 0.22% of its all-time high set just yesterday.
The dramatic price movement has pushed ETHGas’s market capitalization to $266.27 million, ranking it #150 among all cryptocurrencies. The market cap increased by $51 million (23.7%) in the 24-hour period ending April 21, 2026.
Price Performance and Trading Activity
ETHGas traded between a low of $0.096399 and a high of $0.128127 over the past day, representing a price range of nearly 33%. The token reached its all-time high of $0.127247 on April 21, 2026, at 23:35 UTC.
Trading volume for the token hit $30.91 million in the past 24 hours, indicating heightened market interest. The token has posted a 1.31% gain in the past hour alone, suggesting continued buying pressure.
Extended Rally Context
The recent surge is part of a broader rally for ETHGas. Over the past seven days, the token has gained 87.6%, while the 30-day performance shows an extraordinary 204% increase. Since hitting its all-time low of $0.0167 on January 21, 2026, ETHGas has gained over 664%.
Token Supply and Valuation
With 2.1 billion tokens in circulation out of a maximum supply of 10 billion, ETHGas maintains a fully diluted valuation of approximately $1.27 billion. The current circulating supply represents 21% of the total maximum supply.
The token’s rapid appreciation has occurred during a period of varying Ethereum network activity, though the specific catalysts for today’s price movement remain unclear. ETHGas tokens are designed to provide exposure to Ethereum gas price dynamics.
This is a developing story. Price data reflects market conditions as of April 21, 2026, 23:58 UTC.
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