Cena Gas DAOGAS

Did You Know? An Ethereum transaction today, March 4, 2025, incurred a significant gas fee of 58.76 ETH, equivalent to $125,710. This incident underscores the high costs associated with certain Ethereum transactions and the importance of monitoring gas fees.

AB represents a groundbreaking evolution in blockchain technology, building upon the foundation established by the Newton Project, which launched in 2018. The Newton Project’s vision was to create infrastructure for the Community Economy, empowering individuals with the principle that "everyone should benefit directly from economic growth." Over the years, this vision has been partially realized through the development of decentralized infrastructure supporting community-driven economies. With the first phase of this journey now complete, the project embarks on a new chapter of innovation and expansion. In 2025, the Newton Project rebranded as AB, signaling a strategic shift toward a more advanced blockchain ecosystem. AB focuses on heterogeneous blockchain infrastructure, real-world asset integration, and optimized tokenomics. At its core lies the AB token, the native cryptocurrency of the AB blockchain, which serves as the Gas token for powering transactions, executing smart contracts, and enabling governance mechanisms. This ensures the network's scalability, reliability, and sustainability.

NRG Energy (NRG), a gas supplier, slipped below the key level in above-average volume. It is also back below a flat-base entry of 103.14. Overall performance at the Texas utility stock is solid, with its IBD Composite Rating sitting at 81 out of 99

Treasury Secretary Scott Bessent reaffirmed the administration’s commitment to tackling inflation and making life more affordable for Americans. Speaking in an interview with FOX News on Tuesday, Bessent detailed the administration’s economic priorities, including efforts to lower interest rates. Mortgage rates have declined “dramatically” since Election Day and the inauguration, Bessent said. He attributed this trend in part to upcoming bank deregulation. Bessent emphasized that the administration aims to lower interest rates to help Americans struggling with high borrowing costs, particularly those in the bottom 50% of income earners who have been “crushed by these high interest rates” over the past two years. According to him, lower interest rates would not only benefit homeowners but also help ease credit card and auto loan costs, which have disproportionately affected low-income Americans. “So we’re set on bringing interest rates down and I think that’s one of the greatest accomplishments so far,” Bessent said. While inflation is easing, Bessent noted that costs for essential goods, housing, and insurance remain high, largely due to excessive regulations imposed by the previous administration. “There’s affordability and then there’s inflation. Inflation is slowing, still not back to the Fed’s target area. Affordability is this massive spike that we saw over the past two and four years,” said Bessent when asked how affordability could affect inflation. “We’re going to try to bring the prices back down,” said Bessent, noting that deregulation is key to addressing costs across sectors like insurance and housing. “There’s several thousand dollars of administrative burdens every year, and if we can cut that red tape and bring that down, then that’s an excellent start on the affordability,” Bessent said. The administration’s tariff policies were another key focus of Bessent’s remarks. New tariffs—10% on all Chinese imports and 25% on imports from Mexico and Canada—went into effect this week, sparking market reactions. While some analysts fear potential price hikes, Bessent expressed confidence that Chinese manufacturers will absorb the tariffs rather than passing costs onto American consumers. “On the China tariffs, China’s business model is export, export, export, and that’s unacceptable,” Bessent stressed. “They’re in the middle of a financial crisis right now that they’re trying to export their way out of it. So with the China tariffs, I am highly confident that the Chinese manufacturers will eat the tariffs. Prices won’t go up,” he explained. He also pointed to recent moves by companies like Honda, which announced plans to shift manufacturing to Indiana, as evidence that tariffs are successfully encouraging businesses to bring production back to the US. “With Canada and Mexico, you know, I think we’re in the middle of a transition, and just like you mentioned, Honda moving to Indiana is a great start,” he said. The Treasury secretary also outlined plans to expand US energy production across crude oil, natural gas, and nuclear power. “We’re going big in nuclear and we are going to… it’s going to bring down costs, but we’re also going to become major exporters of energy, which will make the world more secure,” Bessent said.

$AB Key Utilities of AB Token 1. Gas for Transactions AB tokens are required to process transactions on the AB blockchain. From transferring digital assets to interacting with decentralized applications (dApps), AB tokens power the ecosystem with efficiency and security. 2. Smart Contract Execution Developers utilize AB tokens to deploy and execute smart contracts on the AB mainnet. This ensures a reliable, scalable, and cost-effective infrastructure for building decentralized applications and services. 3. Governance AB token holders are integral to the ecosystem’s governance, actively participating in decision- making through the decentralized autonomous organization (DAO). Holders can propose and vote on key initiatives such as network upgrades, economic parameters, and strategic developments, ensuring that the ecosystem remains community-driven. 4. Real-World Asset Integration AB tokens enable the tokenization and trading of real-world assets, such as real estate, commodities, fiat currencies, and intellectual property. This functionality bridges the gap between traditional industries and blockchain innovation, unlocking new economic opportunities. 5.Cross-Chain Interoperability AB employs cross-chain compatibility, allowing seamless communication and asset transfers across multiple blockchains like Ethereum, Tron, and Solana. This interoperability enhances the utility of AB tokens, positioning them as a key asset in a connected blockchain ecosystem. $AB