
ETHGas: $2B All-Time-High FDV and 590K+ Users in Six Months
Market for Ethereum blockspace ($GWEI) · L1/L2/infra · One Year
How Surgence rebuilt ETHGas's brand and launched a viral Gas ID card that 2,000+ KOLs shared unpaid, driving a $2B FDV and 590K+ users.
$2B
all-time-high FDV
920K+
community members
Coinbase, Binance, Kraken
listings
Starting point
ETHGas was building a market for Ethereum blockspace, a category that didn't exist yet, under a brand that had gone stale. In May 2025 the X account had 22,000 followers and about 5,000 impressions a month.
How we grew ETHGas: the play
We built a viral product, not a campaign. The Gas ID card showed every wallet how much ETH it had burned on gas, and 2,000+ KOLs posted theirs with zero paid spend.
- 01
Rebuilt the crypto brand around a meme voice (Accelerate Gas Markets) so the account became something people wanted to share.
- 02
Launched the Gas ID card: graded, shareable and personal, so every user became a distribution channel.
- 03
Turned it into a status game with Fused Avatars for the top 500 wallets, which pulled 2,000+ KOLs into posting organically.
- 04
Ran Beanstalk Bonanza quests and referrals to compound community growth, and the Open Gas Initiative to bring in institutional partners.
- 05
Converted the audience into Proof of Pain airdrop eligibility ahead of the $GWEI token launch.
Results
920K+ community members
10x social growth in month one
X from 22,000 to 300,000+ followers
2,000+ KOLs posted with zero paid spend
$1B+ (195K ETH) of gas spend surfaced through Gas IDs
$12B in institutional TVL committed to the Open Gas Initiative
$12M seed round led by Polychain Capital closed during the engagement
What ETHGas says
“Blockspace is a hard thing to get people excited about. Surgence rebuilt our brand and gave everyone a Gas ID they wanted to share, and that viral loop brought us a community we couldn't have bought.”
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