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Monthly Ethereum gas price hits ATL in March In March, the monthly #Ethereum gas price reached an average of 2.71 gwei, which is roughly six times lower than at the end of 2024. This became the lowest monthly level in history, due to raised gas limits for the first time since 2021. $ETH

Bitget Wallet introduces a new feature that helps traders scan through potential risks before choosing to invest in a token. It is currently available for six major blockchains. According to a press release sent to crypto.news, the feature offers users the ability to identify potential vulnerabilities in a token that could indicate higher trading risk, such as token centralization or active minting permissions. The tool is part of a broader suite of newly introduced features aimed at strengthening transaction security on the platform. At press time, the feature is available for tokens on six major blockchains including Ethereum ( ETH ), Solana ( SOL ), BNB Chain ( BNB ), Base ( BASE ), Polygon ( MATIC ), and Arbitrum ( ARB ). The contract risk detection tool can be found on Bitget ( BGB ) Wallet’s candlestick chart interface. It provides users with access to essential data such as a token’s permission status, distribution among top holders, and burn ratios. These indicators help users make informed trading decisions and evaluate potential risks associated with the tokens. If a large portion of tokens is concentrated among a small number of wallets, it increases the likelihood of price manipulation or sudden dumps, raising the risk for traders. Meanwhile, a high burn ratio could signal positive price action in the future, whereas low burn activity might reflect a lack of project transparency. Additionally, a token’s permission status can reveal whether risky functions remain enabled, such as minting capabilities, the ability to pause trading, or ownership changes. If permissions are overly open or poorly managed, it may signal a heightened risk of manipulation or rug pulls. COO of Bitget Wallet, Alvin Kan, noted that with the rapid growth of decentralized finance, providing users with accessible tools to evaluate risk is no longer optional. The platform aims to enhance transaction security through features like contract risk detection. “This feature is part of our broader strategy to empower users with the information they need to navigate Web3 safely and confidently,” said Kan. According to data from the Onchain Report, around 37% of users view security risks as their top concern when using crypto for payments or transfers. Bitget Wallet hopes that the new detection tool will be able to ease some of their worries when using funds on-chain. Previously, the platform introduced an MEV protection upgrade which is directly integrated within the platform’s Swap feature. The upgrade is designed to help protect users from unfair trading mechanisms that are usually employed by MEV bots.

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Popular asset manager 21Shares has made history by launching Europe’s first Dogecoin (DOGE) Exchange-Traded Product (ETP). 21Shares collaborated with the House of Doge to create the only DOGE ETP endorsed by the Dogecoin Foundation. According to the announcement , the 21Shares Dogecoin ETP with the DOGE ticker is scheduled to go live on Europe’s SIX Swiss exchange. The product is backed physically 100%, providing investors with a sure way to gain exposure to Dogecoin through traditional financial channels. Additionally, 21Shares will charge investors a 2.5% management fee. The new DOGE ETP will empower new types of investors to participate in the Dogecoin ecosystem. Therefore, the product will help to reinforce Dogecoin’s role as a leader in the future of digital assets. Advisory Board Member at House of Doge Jens Wiechers said institutional support and corporate partnerships are essential for Dogecoin to reach its full potential as a global currency. He added that 21Shares DOGE ETP provides a regulated path for institutions to participate in the ‘Dogecoin is Money’ vision. “Global adoption is critical, and we’re excited to take this next step – ensuring Dogecoin stays fun, but gains the credibility and backing needed to thrive at scale,” he concluded. Dogecoin launched in 2013 as a light-hearted alternative to Bitcoin. However, it has become one of the most widely recognized and accessible cryptocurrencies. The memecoin is known for its low fees, fast transaction speeds, and increasing merchant adoption. Leading brands like Microsoft and AMC Theatres already accept Dogecoin as a payment method. In a recent study, we reported , Cardano Founder Charles Hoskinson proposed that Elon Musk integrate Dogecoin on social media X, formerly Twitter. Hoskinson mentioned that an old Bitcoin 2 roadmap he had written years ago could form the base for DOGE’s inclusion on X. Besides its technical advantages, Dogecoin has built a highly engaged and socially impactful community. Supporters of the memecoin have also helped to drive initiatives ranging from charitable fundraising to financial accessibility efforts. Meanwhile, talks about a potential Dogecoin Exchange-Traded Fund (ETF) approval are growing in the crypto market. As previously mentioned in our report, this follows filings from asset managers like Bitwise, Rex Shares, and Osprey Funds. Bloomberg Senior ETF Analysts Eric Balchunas and James Seyffart have predicted that the SEC will likely recognize these filings. With a pro-crypto administration under Donald Trump, market participants are optimistic about a possible DOGE ETF launch this year. Furthermore, the launch of the first XRP ETF in the US has sparked expectations for a DOGE ETF soon. However, the price of DOGE has yet to reflect the excitement about the ETP launch. DOGE’s price is currently trading at $0.145, down 3.35% from the previous day.

ICYMI: The @apolloglobal Diversified Credit @Securitize Fund has an AUM of $65.4 million. The fund is currently available on six different networks, with the @solana instance having the highest AUM.