- MetaMask introduces gas-included swaps, removing ETH requirement for transaction fees.
- MetaMask’s Gas Station offers seamless swaps with competitive quotes across multiple providers.
- Ethereum approaches $4,000, fueled by market momentum and increased trading activity.
MetaMask has announced a new feature called Gas Station. Users can now swap tokens without needing ETH for gas fees. This update allows transactions to proceed seamlessly, eliminating delays caused by insufficient ETH balances. The feature is live on the MetaMask browser extension for Ethereum mainnet. A mobile release is also expected soon.
Gas Station integrates seamlessly with MetaMask’s Smart Transactions. When enabled, users can access gas-included swaps that calculate and incorporate network fees directly into the token swap quotes provided. Supported tokens for this feature include USDT, USDC, DAI, wETH, wBTC, wstETH, and wSOL. To proceed, the swap value must be sufficient to cover the gas costs along with the transaction amount.
This innovation is a major step forward for Web3 users, who often face failed transactions due to insufficient ETH for gas fees. In the past, this required users to purchase ETH from centralized exchanges and transfer it to their wallets. Such a process was not only time-consuming but also expensive, especially during high network activity.
With Gas Station, users can now complete transactions faster and more efficiently. MetaMask ensures competitive pricing by comparing quotes from decentralized exchange aggregators, market makers, and DEXs. This approach provides users with access to the lowest network fees available at the time of their transaction. By removing the need for ETH in transactions, MetaMask has taken another step toward simplifying on-chain processes and increasing accessibility.
MetaMask is already working to expand the Gas Station feature. Future updates aim to include support for more networks and tokens. This development underscores MetaMask’s commitment to improving the user experience in the Web3 space.
Ethereum Gains Momentum: Key Metrics Signal Bullish OutlookMeanwhile, Ethereum is making headlines for its recent price momentum. At press time, the cryptocurrency was at $3,379 up by 7.78% in the last 24 hours. Its market cap has risen to more than $407 billion with a trading volume of over $52 billion. Analyst expect the price of Ethereum to go as high as $4,000 in the near future if the upward trajectory is maintained.
The recent price increase on Ethereum may be influenced by rising demand for its functionality in the digital world, highlighted by the recent MetaMask update. Given the constant demand and positive sentiment, Ethereum is right on the right track to new records in the near future.