Coin Comparison: GALA vs Ethereum
GALA
- Symbol: GALA
- Name: GALA
- Asset Platform: Ethereum
- Categories: Gaming (GameFi), NFT, BNB Chain Ecosystem, Polygon Ecosystem, Play to Earn, Ethereum Ecosystem
- Market Cap Rank: 73
- Price Change Percentage (30 days): 73%
- Description:
GALA is designed to power the Gala Games ecosystem to support gaming re-imagined to benefit creators and players, alike.
Ethereum
- Symbol: ETH
- Name: Ethereum
- Asset Platform:
- Categories: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem
- Market Cap Rank: 2
- Price Change Percentage (30 days): -11.96189%
- Description:
Ethereum is a global, open-source platform for decentralized applications. It aims to create a world computer that allows anyone to build applications in a decentralized manner, with all states and data distributed and publicly accessible. Ethereum supports smart contracts, enabling developers to write code that programs digital value. Dapps built on Ethereum include tokens, non-fungible tokens (NFTs), decentralized finance apps, lending protocols, decentralized exchanges, and more.
Transactions and smart contract executions on Ethereum require a fee called Gas. Gas is the unit of measure for computational effort required to execute operations or smart contracts. Gas fees are paid in Ether (ETH), the native coin of the Ethereum blockchain. The price of gas can fluctuate based on network demand.