Ethereum blockspace takes a new approach. ETHGas has announced the launch of $GWEI, a new governance token designed to support what the company calls “real-time Ethereum.”
The goal is simple. We make Ethereum transactions faster and more predictable, reducing stress for users and apps.
What ETHGas is trying to solve
Ethereum is widely recognized as the most secure and decentralized payment network. However, sending transactions still involves delays, unpredictable fees, and contention in memory pools. This often results in higher gas costs and slower execution during busy periods.
ETHGas wants to change the way Ethereum block space is used. Rather than apps competing blindly for block space, this protocol allows them to run securely up front. This could reduce delays and smooth out rising gas prices.
What is GWEI and why is it important?
$GWEI is the governance token of the ETHGas protocol. This gives owners the right to vote on how the system evolves. It helps token holders decide on upgrades, parameter changes, financial expenditures, and emergency actions.
Users who stake on GWEI receive voting rights. The longer the staking period, the greater the leverage and encourages long-term participation over short-term speculation.
Towards a more predictable Ethereum
ETHGas describes this change as turning block space into a structured, tradable resource. The goal is to make it easier to plan for transaction costs and enable a gasless user experience at scale.
If this model is successful, Ethereum apps could offer faster confirmations and a smoother experience without the constant worry of rising fees.
Airdrop and future developments
ETHGas plans to launch GWEI with a community airdrop called “The Genesis Harvest.” Eligibility snapshot is scheduled for January 19, 2026. According to the project, Airdrop will focus on real users based on past gas usage and community participation.
With the launch of GWEI, real-time Ethereum is moving from theory to reality, says ETHGas. The adoption of this new blockspace model will depend on how developers, users, and the broader Ethereum community react in the coming months.
