Tonight, the market came with another wave of slight correction. As of 20:55 data, BTC is holding around $89,614, down 1.79% during the day. ETH was a bit weaker, trading at $3,032, extending its decline to 3.11%. Among mainstream altcoins, BNB is relatively resistant to decline, falling only 1 point around $884; DOGE and SOL were not so lucky, falling 3.28% and 3.03% respectively, with DOGE currently trading at $0.1396 and SOL hovering at $132.77.



Another interesting thing - Vitalik has recently thrown out new ideas. He called on the industry to create a "trustless on-chain gas futures market" on social platforms, simply put, so that everyone can predict and even hedge future fee fluctuations in advance. He mentioned that on-chain fees are low now, but will they soar in two years? No one can say. Although technical upgrades such as BAL and ePBS can increase the gas ceiling, and ZK-EVM expansion solutions are also on the way, the market still wants more direct price signals.

If this kind of gas futures tool can really be created, users can at least have a bottom of mind about future costs, and developers will not be blind when planning. This idea is quite practical - after all, no one wants to wake up one day and find that it costs dozens of dollars to transfer a account, right?
BTC-2.16%
ETH-4.88%
BNB-0.22%
DOGE-2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ChainComedianvip
· 3h ago
It dropped again, ETH this time fell quite hard, while BNB is still holding its ground. Vitalik's idea of Gas futures is not bad, but will it really be implemented... Feels like another PUA. BTC can still hold up, but I'm just worried that I might wake up and see a new high again. DOGE was hammered down again, this coin is really getting annoying. If Gas futures are really launched, we users who are constantly being cut by transaction fees can finally breathe a sigh of relief... Let it fall if it will, anyway it’s not the first time it’s dropped. Vitalik has many ideas, but I don’t know when we’ll have to wait for them. Current fees are actually okay, but two years from now is a mystery... Should I gamble? ETH's weakness feels a bit off, it’s never been this pathetic before. The on-chain arbitrage space is starting to shrink again, I need to do some calculations.
View OriginalReply0
OnchainDetectiveBingvip
· 7h ago
Once again, the market is like this. ETH has dropped the most, while BNB is still holding on stubbornly. The idea of Gas futures is pretty good; it's definitely better than being suddenly hammered by exploding fees. Why did DOGE drop again? Can I break even with my $0.15? Haha. Vitalik's brain is really never at rest. The day when fees soar to dozens of dollars will come sooner or later, so we still need to find a way to hedge. BTC is holding up pretty well. Keep accumulating, everyone.
View OriginalReply0
LightningAllInHerovip
· 12-10 23:49
DOGE is being hammered again; this is the third time I've been cut this week, haha. Gas futures is a good idea, much better than being caught off guard by high fees like now. BTC is stable; I still need to hold some BTC.
View OriginalReply0
LowCapGemHuntervip
· 12-10 05:34
ETH has fallen below 3000 again, damn it, when will it be able to recover?
View OriginalReply0
GateUser-ccc36bc5vip
· 12-10 05:28
Falling and falling, isn't it fragrant to buy the bottom honestly?
View OriginalReply0
OldLeekMastervip
· 12-10 05:19
Pullback and pullback, ETH is really tired The idea of gas futures is amazing, and finally someone thinks of the pain points of users Vitalik's mind is different
View OriginalReply0
ChainSherlockGirlvip
· 12-10 05:13
ETH is being beaten again tonight, with a 3.11% drop that is a bit embarrassing, and BNB's 1-point anti-decline record is shining haha Vitalik's brain hole is really amazing, Gas futures market? With this idea, I want to participate in shorting future fees, pure gambler mentality BTC guarding 89614 is a bit suspenseful, according to my analysis, whether this is a defensive line or a break depends on how the whales on the chain move This wave of pullback is like eating melons and watching the excitement, anyway, it can't fall out of the flowers Vitalik's idea this time is quite practical, much better than those PPT projects SOL's 132.77 has to continue to fall, and it has not stopped this year On-chain data shows that large investors are still waiting, which is a bit strange
View OriginalReply0
DeepRabbitHolevip
· 12-10 05:10
ETH is starting to fall behind again, this rhythm is a bit familiar... However, Vitalik's idea of gas futures is quite interesting, which is better than being cheated every time
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)