GAS is up 300% in 24 hours, fueled by the Neo Bond program and surging Neo ecosystem activity.

NEO and GAS prices are trending today. GAS, the utility token of the Neo smart economy ecosystem, has ignited a rally, soaring 30% in 24 hours

GAS, the native token of the Neo smart economy ecosystem, has experienced a remarkable surge, gaining 30% in 24 hours. This rally is directly tied to the activation of the Neo Bond program, a unique initiative by the Neo Foundation to stabilize NEO prices and generate interest among investors.

As the stirrings of the ‘Chinese Narrative’ return to crypto markets, could this signal the return of the dragon?

After a 35% drop from December 2024 highs, the Neo Foundation acted swiftly to curb the sell-off and introduce a high-yield deposit scheme offering a 50% APY in GAS to NEO stakers.

Moreover, they provided a $5 price floor for additional downside protection. Given the attractive terms, investors flocked to the program, and within days, the 5 million NEO deposit cap was reached.

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The impact on the Neo ecosystem was immediate and significant. The rush to make deposits triggered a supply squeeze and a surge in on-chain engagement, boosting activity on the Neo N3 MainNet and Neo X sidechain, both of which rely on GAS for transaction fees.

This activity led to increased GAS burning, making the token scarcer and more valuable for active ecosystem users.

Best Wallet Presale Raises Over $11.5 Million

The GAS boom is also fueling interest in the viral Best Wallet presale.

Recent data shows the team has raised over $11.5 million through sales of the BEST utility token, which can be staked to receive over 100% APY as yield.

The success of what analysts call one of the hottest presales in 2025 is driven by its utility and strategic timing.

Unlike MetaMask or Coinbase Wallet, Best Wallet aims to be a comprehensive crypto management platform. It is multichain, supporting over 60 blockchains, including Solana and Ethereum, and features an integrated cross-chain DEX offering competitive prices.

Best Wallet also supports gas-free transactions and includes a staking aggregator. One of its most compelling features is the “Upcoming Tokens” section, where users can gain early exposure to some of the best cryptos to buy before they hit the broader market.