Request (REQ): Decentralized Payment Protocol with Real-World Use Cases

As Web3 expands beyond speculation, blockchain-based payment infrastructure is becoming increasingly relevant. Request (REQ), a decentralized payment protocol built on Ethereum, enables users to create and manage invoices, payment requests, and transaction records without intermediaries. With its REQ/USDT pair available on Gate, the token is gaining traction among both enterprise users and retail traders.

What Is Request (REQ)?

Request is an open-source protocol that allows anyone to issue invoices and request payments across Ethereum and Layer-2 networks. The REQ token, an ERC-20 asset, serves multiple purposes within the ecosystem: paying transaction fees, enabling governance participation, and acting as a spam prevention mechanism.
The platform’s goal is to modernize financial operations such as accounting, auditing, and invoicing by shifting them on-chain—ensuring transparency, automation, and compliance in a decentralized environment.

REQ Price Today on Gate

Monitoring REQ on Gate provides real-time insight into market conditions. As of July 2025:

• Price: ~$0.1413 USDT (up ~0.65% in 24 hours)
• 24h High/Low: $0.1421 / $0.1381
• 24h Trading Volume: ~$307,400 (approx. 2.19 million REQ)
• Market Cap: ~$105M–$116M with 744M circulating supply out of a max 1B

These metrics highlight steady investor interest and sufficient liquidity for active trading.

Why Request (REQ) Matters

Between its technology foundation and practical utility, Request offers several compelling features that distinguish it in the altcoin landscape.

Decentralized Invoicing & Payment

Request provides a blockchain-native method for storing invoices and transaction records—eliminating third parties while increasing transparency, speed, and auditability for businesses.

Token Utility & Burn Mechanism

REQ incorporates a clear token model: usage fees, periodic token burns, staking incentives, and community voting. This helps manage supply while encouraging ecosystem engagement.

Multi-Chain Support

Beyond Ethereum, Request is also deployed on Polygon, Celo, Fantom, and NEAR, allowing users to choose networks based on transaction speed and gas fees.

Experienced Team & Partners

Backed by Y Combinator and integrated with major platforms like MakerDAO and Gnosis Safe, the project’s development team brings strong fintech and blockchain experience—giving REQ an edge in long-term credibility.

Technical Outlook & Price Action

Recent chart patterns suggest cautious optimism among traders, with key indicators signaling potential momentum shifts.

• REQ has been consolidating between $0.138 and $0.143, showing support and steady demand.
• RSI and MACD indicators are in a neutral to slightly bullish position, hinting at a breakout if volume surges.
• The $0.145–$0.150 zone is a short-term resistance area; clearing it could trigger upward momentum.

Traders may view this consolidation as a chance to accumulate before a directional move, depending on news or ecosystem growth.

REQ Trading & Investment Strategies

Whether you’re a short-term trader or long-term investor, REQ offers different approaches depending on risk appetite.

Short-Term (Swing Trading)

• Range-trading around $0.138–$0.143 with tight stop-losses below $0.138.
• Use technical indicators on Gate’s TradingView chart to identify volume spikes or RSI breakouts.

Medium to Long-Term (Holding)

• Consider gradual accumulation during support retests.
• Potential upside exists if Request onboards more enterprise users, expands integrations, or boosts staking utility.

Risks to Keep in Mind

As with any altcoin, REQ carries risks, particularly given its enterprise-centric goals.

• Market Volatility: Price may react sharply to overall crypto sentiment.
• Adoption Risk: Success hinges on businesses adopting blockchain-based invoicing.
• Regulatory Uncertainty: Legal frameworks around crypto-based payments remain fluid and may affect usage.

Traders should manage exposure carefully and monitor ecosystem updates.

REQ Trading on Gate

Gate supports a full suite of features to trade REQ/USDT effectively:

• Advanced charting tools with RSI, MACD, Bollinger Bands
• Multiple order types: market, limit, stop-loss
• Secure wallet custody and mobile-friendly interface for trading on the go

With strong liquidity and technical support, Gate is an ideal platform for both beginners and seasoned traders to engage with REQ.

Conclusion

Request (REQ) is a rare example of a blockchain project with real-world application, targeting B2B financial processes often overlooked in the crypto hype cycle. With its current price around $0.1413 and solid infrastructure for decentralized invoicing, REQ appeals to investors looking for meaningful use cases, not just short-term pumps. While its growth depends on adoption and broader market trends, Request remains a relevant and underrated protocol in 2025. For those exploring DeFi infrastructure and Web3 utility tokens, REQ deserves a place on the watchlist—especially as it continues to innovate and integrate with real financial systems.