🔥 GAS Surges 30% as Neo Ecosystem Heats Up
GAS, the utility token of the Neo blockchain, has skyrocketed 30% in the past 24 hours, fueled by renewed interest in the Neo ecosystem. This surge follows the launch of the Neo Bond program, which offers a 50% APY to NEO stakers and sets a $5 price floor for NEO, attracting significant investor attention.
The rapid uptake of the Neo Bond program led to a supply squeeze, increasing on-chain activity and boosting GAS demand. With GAS prices climbing, traders are eyeing potential targets of $6 and possibly $8 if the bullish momentum continues.
The resurgence of GAS and NEO suggests a revival of interest in Chinese blockchain projects, signaling a potential shift in market dynamics. As the Neo ecosystem gains traction, investors are watching closely to see if this momentum sustains.