Cryptocurrency transactions are subject to transaction fees. Depending on the amount of tokens transferred investors have to pay certain fees. NEO, China’s first blockchain network has come up with an approach of utilizing the platform’s native coin for paying out for the transactions. In the NEO blockchain, Gas (GAS) tokens facilitate transactions; in other words, Gas tokens are designed to pay the transaction fees in the NEO network.
What is Gas (GAS)?
Gas is the native cryptocurrency of the NEO blockchain network, serving as a fuel for processing transactions within the NEO ecosystem. The token works in collaboration with NEO, another token of the NEO blockchain network. The GAS token is used to pay for the transactions, deployment of smart contracts, and purchase of decentralized applications. The dual token model of the NEO network allows the distribution of GAS to the NEO token holders, increasing the engagement of holders in the platform.
Use Cases of GAS
- Pay transaction fees.
- Deploy smart contracts.
- Purchase decentralized applications.
Gas Tokenomics
The GAS token has a total supply of 64.99 million and of them are in circulation. The coin has a market cap of $355.29 million and a market volume of $463.32 million at the time of writing. It had an all-time high of $97.49 in January 2018 and an all-time low of $0.5991 in March 2020. GAS is trading at a price of $5.45 at the time of writing.
Gas (GAS) Price Prediction 2025-2030
Our GAS price prediction is based on the fundamental and technical analysis of the token. We provide a detailed price forecast for each year including the monthly predictions. The prediction includes minimum, average, and maximum price.
GAS Price Prediction For The Year 2025
In 2025 GAS is expected to trade at an average price of $5.09. The highest expected price for the year is $7.43 in February and the lowest predicted price is $3.85 in December.
Month | Min Price | Avg Price | Max Price |
January | $ 4.86 | $ 5.68 | $ 6.16 |
February | $ 5.59 | $ 6.31 | $ 7.43 |
March | $ 5.52 | $ 6.39 | $ 7.32 |
April | $ 4.74 | $ 5.04 | $ 5.39 |
May | $ 3.93 | $ 4.34 | $ 4.70 |
June | $ 4.19 | $ 4.82 | $ 5.43 |
July | $ 5.20 | $ 5.39 | $ 5.79 |
August | $ 4.73 | $ 5.03 | $ 5.34 |
September | $ 4.91 | $ 5.03 | $ 5.16 |
October | $ 4.38 | $ 4.73 | $ 4.98 |
November | $ 4.13 | $ 4.31 | $ 4.46 |
December | $ 3.85 | $ 4.05 | $ 4.21 |
GAS Price Prediction For The Year 2026
In 2026, GAS is forecasted to trade between $3.36 and $4.39, making an average price of $3.65 during the year. The highest trading price is forecasted to be in March and the lowest expected trade is in December.
Month | Min Price | Avg Price | Max Price |
January | $ 3.94 | $ 4.13 | $ 4.24 |
February | $ 3.95 | $ 4.05 | $ 4.28 |
March | $ 3.92 | $ 4.11 | $ 4.39 |
April | $ 3.42 | $ 3.61 | $ 3.90 |
May | $ 3.46 | $ 3.56 | $ 3.68 |
June | $ 3.51 | $ 3.54 | $ 3.58 |
July | $ 3.50 | $ 3.59 | $ 3.65 |
August | $ 3.44 | $ 3.49 | $ 3.66 |
September | $ 3.40 | $ 3.43 | $ 3.50 |
October | $ 3.38 | $ 3.43 | $ 3.52 |
November | $ 3.39 | $ 3.42 | $ 3.45 |
December | $ 3.45 | $ 3.41 | $ 3.54 |
GAS Price Prediction For The Year 2027
The price forecast for 2027 shows a bearish trend for the token, with an average of $3.84 throughout the year. The highest anticipated precise for the year is $8.16 in October and the lowest expected price is $3.43 in August.
Month | Min Price | Avg Price | Max Price |
January | $ 3.48 | $ 3.60 | $ 3.82 |
February | $ 3.55 | $ 3.69 | $ 3.79 |
March | $ 3.68 | $ 3.71 | $ 3.76 |
April | $ 3.55 | $ 3.62 | $ 3.67 |
May | $ 3.44 | $ 3.54 | $ 3.62 |
June | $ 3.45 | $ 3.52 | $ 3.57 |
July | $ 3.48 | $ 3.54 | $ 3.57 |
August | $ 3.43 | $ 3.44 | $ 3.47 |
September | $ 3.44 | $ 3.47 | $ 3.53 |
October | $ 3.45 | $ 4.60 | $ 8.16 |
November | $ 4.63 | $ 4.87 | $ 5.08 |
December | $ 4.19 | $ 4.52 | $ 4.67 |
GAS Price Prediction For The Year 2028
The 2028 price forecast shows a possible downtrend for the token, with an average trading price of $4.08 during the year. The price oscillates between $3.60 in July and $4.77 in March.
Month | Min Price | Avg Price | Max Price |
January | $ 4.25 | $ 4.33 | $ 4.59 |
February | $ 4.35 | $ 4.51 | $ 4.71 |
March | $ 4.34 | $ 4.52 | $ 4.77 |
April | $ 4.06 | $ 4.22 | $ 4.58 |
May | $ 4.04 | $ 4.13 | $ 4.18 |
June | $ 3.64 | $ 3.81 | $ 3.97 |
July | $ 3.60 | $ 3.77 | $ 3.87 |
August | $ 3.62 | $ 3.62 | $ 3.84 |
September | $ 3.64 | $ 3.77 | $ 3.91 |
October | $ 3.77 | $ 3.90 | $ 3.98 |
November | $ 3.76 | $ 4.08 | $ 4.37 |
December | $ 3.99 | $ 4.20 | $ 4.60 |
GAS Price Prediction For The Year 2029
In 2029, the price of GAS is expected to decrease, following the bearish trend of 2028. The coin is expected to trade at a maximum price of $6.78 in March and a minimum of $1.43296 in December. The average expected price for the year is $3.33.
Month | Min Price | Avg Price | Max Price |
January | $ 2.94 | $ 4.11 | $ 4.88 |
February | $ 4.03 | $ 4.78 | $ 5.70 |
March | $ 4.14 | $ 5.51 | $ 6.78 |
April | $ 2.92 | $ 3.58 | $ 4.77 |
May | $ 1.55 | $ 2.27 | $ 3.10 |
June | $ 1.93 | $ 2.63 | $ 2.63 |
July | $ 3.27 | $ 3.71 | $ 4.34 |
August | $ 2.75 | $ 3.23 | $ 3.66 |
September | $ 3.02 | $ 3.25 | $ 3.56 |
October | $ 2.22 | $ 2.95 | $ 3.29 |
November | $ 2.04 | $ 2.20 | $ 2.40 |
December | $ 1.43 | $ 1.78 | $ 2.16 |
GAS Price Prediction For The Year 2030
2030 showcases a decline in the value of the coin, with an expected fluctuation in price between $0.700258 and $2.42. The highest price is expected in February and the lowest price is forecasted to be in December.
Month | Min Price | Avg Price | Max Price |
January | $ 1.568707 | $ 1.846468 | $ 2.02 |
February | $ 1.580906 | $ 1.775371 | $ 2.24 |
March | $ 1.457943 | $ 1.771003 | $ 2.20 |
April | $ 0.791583 | $ 1.048435 | $ 1.503115 |
May | $ 1.503115 | $ 0.996749 | $ 1.171554 |
June | $ 0.916815 | $ 0.978365 | $ 1.051202 |
July | $ 0.88007 | $ 1.027337 | $ 1.140507 |
August | $ 0.816501 | $ 0.816501 | $ 1.149358 |
September | $ 0.752821 | $ 0.809445 | $ 0.905331 |
October | $ 0.728788 | $ 0.804946 | $ 0.935388 |
November | $ 0.738991 | $ 0.791473 | $ 0.834972 |
December | $ 0.700258 | $ 0.791412 | $ 0.962958 |
Final Thoughts
GAS is a utility token in the NEO blockchain network, serving the purpose of paying transaction fees. The token is currently traded at $5.45, however, the long-term price analysis shows a bearish trend for the coin, with a potential high of $8.16 and lows of $0.700258 during the time period. Crypto investments are subject to risks, always analyze the scope of the coin before making an investment decision.