The current real-time price of GEL is $0.0{5}7540. In the past 24 hours, GEL has traded between $0.0{5}7360 and $0.0{5}8730, showing strong market activity. The all-time high of GEL is $0.0003, and the all-time low is $0.0{5}5140.
From a short-term perspective, the price change of GEL over the past 1 hour is , over the past 24 hours is -0.02%, and over the past 7 days is -12.61%. These figures provide a quick overview of the latest price trends and market dynamics of GEL on LBank.-16.66%
The live price of GEL today is $0.0{5}7540, with a current market cap of $67,022.22. The 24-hour trading volume is 903.47. The price of GEL to USD is updated in real time.
Before deciding whether to buy or sell GEL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s GEL technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for GEL.
How much will GEL be worth tomorrow, next week, or next month in ? What about your GEL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! GEL Price Prediction
To learn more about GEL, consider exploring other resources such as the whitepaper, official website, and other published information:
Gelato is a decentralized network of bots known as "Executors" designed to automate smart contract executions. It serves as the decentralized backend for Web3, allowing developers to outsource infrastructure needs. Key features include automated limit orders, yield harvesting, and liquidation protection. By using Gelato, projects can operate without maintaining their own centralized servers, ensuring continuous and reliable task execution across the blockchain ecosystem.
Rollup-as-a-Service is a flagship feature from Gelato that enables developers to deploy custom Layer 2 or Layer 3 blockchains, such as Arbitrum Orbit or OP Stack chains, with minimal effort. Gelato provides the essential underlying infrastructure required for these chains to function, including block explorers, bridges, and oracles. This significantly lowers the barrier to entry for projects looking to launch their own dedicated and scalable blockchain environments.
The GEL token serves several critical roles within the network. First, it is used for governance, allowing holders to vote on Gelato DAO proposals regarding protocol upgrades or fee adjustments. Second, it is essential for security through staking; node operators (Executors) must stake GEL to participate, providing "skin in the game" to prevent malicious behavior. Finally, it aligns interests between developers and executors. Retail holders can also explore earning opportunities via platforms like LBank.
Web3 Functions allow smart contracts to interact with off-chain data, such as APIs or price feeds, and execute on-chain transactions based on that data, similar to how AWS Lambda works for traditional software. Additionally, the Gelato Relay service enables "Gasless Transactions," where developers sponsor gas fees. This allows users to interact with decentralized applications without needing to hold native gas tokens like ETH or MATIC, significantly simplifying the onboarding experience.
Gelato is a distributed network of independent node operators, which avoids the single point of failure found in centralized systems. If one Executor fails, the network’s redundancy ensures another node steps in. To maintain integrity, the network employs a staking mechanism where Executors risk having their GEL slashed if they act maliciously. This decentralized structure is why major protocols like Aave and Sushiswap rely on Gelato for critical operations.
GEL is traded on major exchanges including LBank and decentralized platforms like Uniswap. The official Ethereum Mainnet contract address is 0x15b7c0c907e4c6b9adaaaabc300c08991d6cea05. To manage GEL in a wallet like MetaMask, users can select "Import Tokens," click "Custom Token," and paste this address. This allows holders to safely store and interact with their GEL tokens within the Web3 ecosystem.
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