GELATO NETWORK (GEL)GEL, the native token of the Gelato Network, is crafted to automate smart contract operations on the blockchain, streamlining processes that were previously manual and time-consuming. Positioned as the backbone of automated transactions across decentralized applications (dApps), Gelato Network uses GEL to compensate network participants who deploy and maintain these automated tasks, enhancing efficiency and scalability. The platform serves a pivotal role in ensuring that smart contracts execute flawlessly without human intervention.
In a significant partnership, Chainlink has integrated Gelato Network to optimize its oracle services, reinforcing the utility of GEL and instilling a sense of security among its holders.
Future price targets for GEL are aimed at $0.90, and $1.35.
