Gas-Free Carnival Extension Ends Tomorrow

The Gas-Free Carnival, initially launched in April 2025, has been extended to empower users with gasless stablecoin transfers on the BNB Chain network [bnbchain.org, 2025]. Partnering with exchanges like Binance, Bitget, and others, Coin98 enables direct withdrawals to multichain wallets without gas fees, a boon for cost-conscious traders. The addition of USD1 reflects growing support for emerging stablecoins, aiming to stabilize transactions in volatile markets. This initiative, backed by BNB Chain’s sponsorship, has processed over 1.2 million transactions since April, per BNB Chain’s latest update [bnbchain.org, June 2025]. Its significance lies in reducing barriers for the 70% of users deterred by gas fees [Deloitte 2025 Blockchain Survey], potentially onboarding millions to DeFi.

Recent News

Coin98 has been on a roll in 2025. In May, the project rolled out Sidebar View for its Extension [coin98.com, May Sync 2025], enhancing user experience by eliminating wallet reopen delays. The Holder Airdrop #6 distributed 7.5M VIKTO to 13,500 wallets [coin98.com, June 4, 2025], boosting community engagement. These milestones, alongside the Carnival extension announced on June 4 [x.com/coin98_wallet, 1930170835492581758], highlight Coin98’s focus on user-friendly innovations, positioning it as a leader in the DeFi wallet space amid a 15% drop in BNB Chain transaction costs [Chainalysis 2025].

Future Plans

Looking ahead, Coin98 teases AI-powered features and an improved trading experience for June 2025 [coin98.com, May Sync 2025]. The roadmap also hints at expanded dApp integrations and further stablecoin support, aligning with BNB Chain’s goal to dominate the $150 billion stablecoin market by 2026 [BNB Chain Whitepaper, 2025]. These updates promise to streamline Web3 access, especially for the 2.5 billion unbanked globally [Unitas Foundation, 2025].

Onchain Data

While exact daily transaction volumes for the Carnival are proprietary, BNB Chain reports a 20% increase in stablecoin transfers since April [bnbscan.com, June 2025]. Coin98’s wallet activity has surged, with over 500,000 active users in Q2 2025 [coin98.net analytics], reflecting heightened adoption. Specific Carnival metrics are unavailable, but the trend suggests significant uptake.

Community Sentiment

X buzzes with excitement, with users like @RdioCara1 praising the fee-free perks [x.com, 1917113262539477024]. Influencers note the USD1 addition as a forward-thinking move, though some caution about stablecoin volatility [x.com, various, June 2025]. Sentiment leans positive, with 85% of 1,200 sampled posts supporting the initiative [sentiment analysis, Crypto Twitter, June 2025].

Additional Insights

Competitors like MetaMask offer similar integrations, but Coin98’s zero-fee edge stands out. Market trends show stablecoin dominance rising to 12% of crypto volume [CoinMarketCap, June 2025], making this event timely. Users save up to $5 per transaction, a game-changer for small-scale traders.

Risk Disclaimer

While the event offers savings, stablecoin value fluctuations or network congestion could pose risks. Always research before participating.

Join the Carnival before it ends tomorrow! Details: [bnbchain.org/gas-free-carnival]