ETHGas (GWEI) has posted a dramatic 20.9% gain in the past 24 hours, reaching $0.086958 as of April 18, 2026, according to real-time market data.
The Ethereum gas token’s price surge comes alongside a substantial market cap increase of 18.5%, climbing $28.1 million to reach $179.5 million. This positions ETHGas at market cap rank #191 among all cryptocurrencies.
Key Market Metrics
Trading volume for ETHGas reached $12.7 million over the 24-hour period, indicating strong market participation in the rally. The token’s price moved from a 24-hour low of $0.069092 to a high of $0.086452, representing a significant intraday range of 25.1%.
Short-term momentum remains robust, with ETHGas posting a 4.2% gain in just the past hour. The current price of $0.086958 sits just 0.28% below the token’s all-time high of $0.08618, reached on April 17, 2026.
Extended Performance Timeline
The 24-hour surge is part of a broader rally across multiple timeframes:
- 7-day gain: 66.5%
- 30-day gain: 113.8%
- From all-time low: 415.3% (ATL of $0.016678 set January 21, 2026)
Supply and Valuation
ETHGas currently has a circulating supply of 2.1 billion tokens out of a maximum supply of 10 billion, representing 21% of total supply in circulation. The fully diluted valuation stands at $854.9 million, indicating significant potential value if all tokens enter circulation.
Market Context
The ETHGas token’s surge occurs as traders closely monitor Ethereum network activity and gas fee dynamics. The token’s connection to Ethereum’s transaction costs makes it sensitive to network usage patterns and broader market sentiment toward the Ethereum ecosystem.
With the token trading within 1% of its all-time high and maintaining strong momentum across hourly, daily, weekly, and monthly timeframes, market participants are watching for potential resistance levels or continued upward movement.
Data last updated: April 18, 2026, 00:06:47 UTC
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About the Author: Ananya Melhotra
