250.47K
727.28K
2024-10-15 11:00:00 ~ 2024-10-28 13:30:00
2024-10-28 18:00:00
Total supply1.00B
Resources
Introduction
Grass is a decentralized data layer built specifically for artificial intelligence that enables users to share their internet bandwidth and obtain verifiable network data through a distributed network. This is achieved by leveraging idle internet connections of node operators to collect raw data, which is then processed for AI training purposes. GRASS's total supply: 1,000,000,000 Website: https://www.getgrass.io/ X: https://x.com/getgrass_io Discord: https://discord.com/invite/getgrass
June 2, 2025 No Limit Holdings (NLH), an investment firm focused on global blockchain assets, and ClearVue Partners (CVP), a leading consumer and technology growth equity firm today announced the final close of CVP NoLimit Fund II (Fund II), which will invest into native crypto projects in a digital asset industry that they expect will grow to nearly $15 trillion in total market capitalization by 2030. NLH is led by Gin Chao, an independent board member of Binance.US and former strategy officer of Binance.com , and was founded on the mission to accelerate value creation through blockchain technology globally. The firm launched CVP NoLimit Fund I (Fund I) in 2022, which invested into over 40 projects and has significantly outperformed Bitcoin with top decile DPI (distributed to paid-in capital) and MOIC (multiple on invested capital) metrics to date. This performance was achieved through disciplined underwriting into the fast-evolving infrastructure and DeFi landscapes as well as new sectors such as DePIN (decentralized physical infrastructure networks). Fund I led the pre-seed round of Wynd Labs, a core contributor to Grass Protocol, one of the most successful DePIN projects developed to date. Grass allows users to earn rewards by sharing their unused internet bandwidth and verified institutions to access public web data through the network. Fund I also supported new layer-ones, Sei and Sui, as well as next-generation synthetic stablecoin Ethena. Andrej Radonjic, co-founder and CEO of Wynd Labs, said, “NLH backed us when Grass was just an idea. Their conviction and early support helped Grass grow from concept to fueling some of the largest AI data pipelines in the world.” NLH expects continued growth in the blockchain industry over the next five years, with total market capitalization approaching $15 trillion by 2030 as the regulatory environment stabilizes and institutional adoption accelerates. While leading Binance Labs in early 2019, Chao predicted Bitcoin’s 2021 cycle high of $50 to $100,000 after Bitcoin had declined 75% from $20,000 to $5,000. When Bitcoin was under $20,000 after the FTX meltdown in late 2022, he called a Bitcoin high of around $150,000 for 2025. NLH anticipates a Bitcoin high of $400,000 to 500,000 in the upcoming cycle, gaining further market share against gold as both a hedge against sovereign risk and a more efficient store of value. Chao said, “With increasing institutional adoption, our conviction in this industry is stronger than ever. “We’re not just investing in technical protocols – we’re backing systems that will underpin the next era of global finance, governance, authentication and transactions.” Fund II is positioned to lead early-stage investments into the latest generation of mission-first founders in the upcoming cycle. Fund I was an early investor into the cross-section of blockchain and AI, which continues to be one of several core pillars for Fund II. The team also sees significant opportunities emerging in B2C (business-to-consumer) applications and recently launched its inaugural business plan competition in conjunction with leading FMCG (fast-moving consumer goods) executives to develop blockchain solutions for global enterprises serving billions of consumers. Harry Hui, co-founder of CVP, said, “The CVP NoLimit funds have built an institutional franchise in three short years. “We are excited about the partnerships with NLH, investors and industry leaders to drive use cases and adoption for the new economy.” Fund II exceeded its $100 million target within nine months and has made investments into portfolio projects including Altius, Aro Network, Blum, Hyperlend and ICN. About No Limit Holdings No Limit Holdings , an investment firm focused on global blockchain assets, launched CVP NoLimit Fund I in 2022 and CVP NoLimit Fund II in 2024. The firm manages over $300 million of AUM and over 50 portfolio projects. For inquiries, please contact anatoly@cvpnlh.com or ms@cvpnlh.com . For latest news, please follow our official X account @nolimithodl . About ClearVue Partners ClearVue Partners , a leading consumer and technology growth equity firm, was founded in 2012 by Harry Hui and William Chen. The firm manages over $1 billion of AUM across three funds, with over 40 portfolio companies. For inquiries, please contact hh@cvpnlh.com or will@cvpnlh.com . Contact Gin Chao , founding partner of No Limit Holdings
The crypto market related to artificial intelligence is experiencing spectacular growth. In just two years, its capitalization has jumped from $4.5 billion to $20 billion. Which projects are standing out? In brief Crypto-AI capitalization jumped from $4.5 billion to $20 billion in two years. 2025 performances remain mixed with TAO (+2%) and ElizaOS (-80%). Bittensor is preparing its first halving, a key anticipated event. Distributed training emerges as a new technological frontier. Grayscale releases explosive predictions on AI cryptos Grayscale Research published a detailed analysis this week revealing the scale of the crypto-AI sector transformation. Between 2023 and today, investors have witnessed a fivefold increase in the total value of this emerging market. However, 2025 tells a different story. The slowdown is noticeable: TAO , Bittensor’s flagship token, shows a modest gain of 2%. In contrast, ElizaOS is going through a difficult period with a staggering drop of 80%, illustrating the characteristic volatility of this nascent sector. This mixed performance does not discourage Grayscale analysts. They see it rather as a natural consolidation after the initial euphoria. The market now seems to favor projects with solid fundamentals over pure speculation. The TAO upgrade, launched last February, marks a major turning point for the Bittensor ecosystem. This technical innovation has made subnets investable for the first time, opening new growth prospects. A concrete result: more than 7% of circulating TAO is now allocated to these specialized subnets. Promising catalysts for a new phase of expansion Beyond price performances, technological evolution fascinates experts. Distributed training is today one of the most promising innovations in the crypto-AI sector. Prime Intellect recently demonstrated the viability of this approach by successfully training models exceeding 30 billion parameters. This technical feat uses GPUs distributed around the globe, proving that a decentralized infrastructure can rival centralized tech giants. “On a large scale, we believe these types of protocols could have a substantial impact on the AI landscape“, emphasizes the Grayscale report . The stakes are significant: harnessing the 30% of unused computing capacity in global data centers could revolutionize the AI economy. This transformation comes with concrete investment opportunities. Gensyn and Nous Research, who have just raised $50 million in Series A, are among the protocols best positioned to capitalize on this trend. The Grass network perfectly illustrates this new economy by generating tens of millions of dollars annually through selling web data to AI laboratories. In summary, the crypto-AI ecosystem is going through a crucial maturation phase where technology takes precedence over speculation. The upcoming Bittensor halving and the rise of distributed training could well trigger the next wave of mass adoption.
Nvidia, a leading player in artificial intelligence (AI) and semiconductors, released its Q1 2026 fiscal earnings report for the quarter ending April 27, 2025. Following the announcement, Nvidia’s stock (NVDA) climbed 4.8% in post-market trading. Meanwhile, AI tokens also saw a modest boost of 0.6%. Nvidia Q1 Earnings: Revenue Soars 69%, Income Increases 26% The earnings report released on May 28, 2025, revealed that Nvidia achieved quarterly revenue of $44.1 billion. This represented a 69% yearly increase and a 12% rise over the prior quarter. Furthermore, net income grew 26% over the year to $18.7 billion. Nvidia’s Data Center segment led the growth, generating $39.1 billion in revenue. That was up 10% from the prior quarter and 73% year-over-year. The segment also made up 88% of total revenue. Nvidia reported a non-GAAP gross margin of 61% for the first quarter of fiscal 2026. The firm noted that this would have been 71.3% if not for a $4.5 billion charge related to export licensing restrictions affecting its H20 products connected to China. The charge also reduced non-GAAP earnings per share from a potential $0.96 to $0.81. Despite this, Nvidia’s CEO, Jensen Huang, highlighted that the worldwide demand for the company’s AI infrastructure continues to be very high. “AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate. Countries around the world are recognizing AI as essential infrastructure — just like electricity and the internet — and Nvidia stands at the center of this profound transformation,” he said. The report positively influenced Nvidia’s stock performance. According to Yahoo Finance, the stock closed at $134.8, down 0.51%. However, in after-hours trading, the price rose sharply to $141.3, gaining 4.8%. Nvidia (NVDA) Stock Performance. Source: Yahoo Finance The positive results had a ripple effect on the AI-related tokens. Nevertheless, the gains were tempered compared to the market reaction observed around Nvidia’s Q4 earnings report. BeInCrypto reported that several tokens saw double-digit surges. However, according to CoinGecko, the AI token sector only saw a modest 0.6% increase in market capitalization over the past 24 hours. Seven of the top ten AI tokens recorded small gains. NEAR Protocol (NEAR) and Artificial Superintelligence Alliance (FET) both rose by over 5%. Meanwhile, Grass (GRASS) experienced the sharpest drop of 5.7%. AI Tokens Market Performance. Source: CoinGecko Despite the underwhelming performance, the AI token market’s restrained reaction isn’t too surprising, given the decline that followed Nvidia’s GPU Technology Conference (GTC). BeInCrypto highlighted that the sector declined 2.8% after the CEO’s keynote.
What to Know: GRASS distributed 170 million tokens during its second airdrop. The Android app is in the final testing phase, anticipated to enhance engagement. Market saw a 15% price surge following the airdrop announcement. GRASS Commences Second Airdrop with 170 Million Tokens GRASS commenced its second airdrop, distributing 170 million tokens with the launch of Epoch 8 on May 26, 2025. The event underscores GRASS’s growth, attracting significant market attention and anticipation of enhanced user engagement. 170 Million Tokens Launched During Epoch 8 GRASS launched Airdrop 2 during Epoch 8, offering 170 million tokens compared to the previous cycle’s 100 million. This marks a significant expansion in token distribution activities. The project’s recent updates indicate a nearing Android app release, which is entering its final testing phase, aligning with the airdrop activities. “Epoch 8 kicks off for Grass at the same time its Android app is entering the final test phase before a full release. Once live, users will be able to lend their unused mobile bandwidth alongside unused WiFi data.” 15% Price Surge Following Airdrop Announcement Market interest has strengthened, evidenced by a 15% price surge post-announcement. This reflects anticipation of increased value and utility among users. Financial implications include a $408 million token valuation for Airdrop 2, highlighting the economic significance for investors and potential holders. Historical Patterns Predict Further Price Growth Compared to Season 1, which concluded after Epoch 7 with 100 million tokens, the current cycle broadens engagement. Previous airdrops consistently triggered market momentum. Potential outcomes suggest that historical patterns predict continued price growth and increased user loyalty, marking another successful cycle in GRASS’s airdrop history. Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
According to a report by Jinse Finance, monitored by Lookonchain, 8 hours ago, a whale spent 1.7 million USDC to purchase 786,170 GRASS.
Grass, the decentralized web crawling and AI infrastructure token, has seen its price drop over 9% today, trading at $1.96. Despite this pullback, analysts are suggesting that the token may be primed for a breakout, given its strong technical indicators and growing network activity. Grass ( GRASS ) aims to democratize access to internet-scale data by creating a decentralized network of over 3 million active nodes. Users contribute unused bandwidth to help scrape and index the web, building an open, user-owned knowledge graph. This data is then made available for AI training and other applications, challenging the dominance of tech giants in web crawling and data aggregation. GRASS crypto’s technical analysis suggests a breakout The project has achieved significant milestones, including the recent Sion upgrade, which enhanced its ability to process multimodal web data—text, images, and 4K video—at scale. The upgrade introduced advanced scraping algorithms , horizontal compute scaling, and increased the network’s data handling capacity to over 1 petabyte per day GRASS has broken out of its downtrend! Journey to $5 started 📈🚀 #GRASS $GRASS pic.twitter.com/NxbyoFvzKG — World Trading Journal 🌍 (@WorldTradingJNL) May 18, 2025 Technical analysis indicates that GRASS may be entering a consolidation phase before a potential breakout, according to past surges in GRASS’s price. Despite the recent dip, the project’s fundamentals remain strong. The network has scraped over 109.7 million IP addresses and indexed 4.47 billion URLs since its inception, according to past crypto.news reporting. Moreover, the community’s commitment is evident, with 30% of claimed tokens being staked , reflecting a long-term belief in the project’s vision.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. The $GRASS price has broken the $2 barrier for the first time since March, notching a 35% surge on the daily—the apparent altcoin of choice among traders. Better-than-expected US inflation data and a US-China trade agreement have reincentivised risk-on sentiment, opening the doors to fresh retail liquidity. The move concludes a two-month-long consolidation phase, range-bound between $2 and $1.40. Clear of this hurdle, Grass Network has a new standing in the “best crypto to buy” conversation. What’s Pushing the $GRASS Surge? Today’s $GRASS price surge seems fueled by organic spot demand rather than speculative interest, with no major fundamental developments driving the move. The derivatives market remains bullish, but balanced. The 24-hour Long/Short Ratio sits at 1.27, according to CoinGlass data —just 55% of traders are betting on increases. Open interest is also on a steady uptrend rather than a one-off spike, an indicator of sustained growth. Grass Open Interest. Source: CoinGlass. $GRASS Price Prediction: A New All-Time High Could Be Near The $GRASS price teeters on a pivotal breakout from a symmetrical triangle pattern that has been forming since the start of the year, now battling to overcome its upper resistance. GRASS / USDT 1-day chart, symmetrical triangle breakout. Source: TradingView / Bybit. With the breakdown of an earlier ascending triangle priced in, Grass has fully exhausted its bearish momentum. With wider market headwinds clearing, it now has the fundamental backing for a surge. If momentum continues, the pattern sets a breakout target around $5.75, representing a potential 160% surge from current prices. This outlook is supported by the MACD, which continues to widen its lead above the signal line—often an early sign of a sustained mid-term trend. That said, the sharp upward move has pushed the RSI beyond the overbought threshold at 70, currently sitting at 72. This could be a precursor to a correction as buying reaches exhaustion. A false breakout here could trigger a pullback, potentially retesting the $2 level as a resistance zone turned support. This New ICO Could Be the Next Sleeper Pick Best Wallet ($BEST) is a non-custodial crypto wallet that introduces a set of new and robust features to challenge the dominance of existing solutions like MetaMask and Exodus. This Web3 storage solution supports assets in more than 50 blockchains and offers low fees for swaps. It also introduces tools like “Upcoming Tokens”—a crypto screener that allows users to identify and invest in top ICOs while they are still flying below most investors’ radars. Upcoming tokens. Direct access. No extra steps. 🔥 Best Wallet gives you exclusive access to new tokens before they hit the mainstream, all directly from the app. Discover early-stage projects before the crowd! 🎯 Download the app today! 📲 https://t.co/qh6F57hoL4 pic.twitter.com/RmDemeqMUt — Best Wallet (@BestWalletHQ) May 14, 2025 The upcoming Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted. Best Wallet is already making waves, raising over $12 million in the ongoing presale for its new $BEST utility token. Its app is already featured on Google Play and the App Store. To learn more about Best Wallet, follow its official X , Telegram , or visit the Best Wallet website .
According to Golden Finance, the market shows that GRASS has surpassed $2, currently quoted at $1.97, with a 24-hour increase of 29.3%. The market is highly volatile, so please ensure proper risk management.
Original Title: "IOSG Weekly Brief | DePIN 101 #275" Original Author: Jiawei, IOSG Ventures Source: Grayscale Grayscale wrote a research report on DePIN earlier this year, and the table above shows the top DePIN projects and their market cap. Since 2022, DePIN and AI have been constantly mentioned as two new directions for crypto investment. However, in the DePIN field, there doesn't seem to be a flagship project that has emerged. (Helium is considered a top project, but Helium appeared even before the concept of DePIN; projects like Bittensor, Render, and Akash in the table are more attributed to the AI track) It seems that DePIN does not have a sufficiently strong flagship project to open up the ceiling of this track. There may still be some alpha in the DePIN track in the next 1-3 years. This article attempts to start from scratch to sort out the investment logic of DePIN, including why DePIN is a worthy investment track for us to pay attention to, and proposes a simple analysis framework. As DePIN is a comprehensive concept covering many diverse sub-tracks, this article will zoom out slightly, explaining the concept from an abstract perspective but will still provide some specific examples. Why Focus on DePIN Investment DePIN is not a buzzword First and foremost, it is important to note that decentralizing the physical world's infrastructure is not a fancy idea, nor is it just a mere "narrative play"; it is something that can be practically implemented. DePIN does indeed have scenarios where decentralization can "enable" or "optimize" something. Here are two simple examples: Source: IOSG In DePIN, a major track—the telecommunications sector, using the U.S. market as an example, traditional communication service providers (such as AT&T, T-Mobile) often need to invest billions of dollars in spectrum license auctions and base station deployment, and then pay a deployment cost of $200,000 to $500,000 for each macro base station covering a radius of 1-3 kilometers. In a 2022 Federal Communications Commission (FCC) auction of 3.45GHz band 5G spectrum, AT&T invested $9 billion, becoming the highest investing operator. This centralized infrastructure model leads to high communication service prices. On the other hand, Helium Mobile, through a community-driven approach, spreads this early cost to each user, where individuals only need to purchase a $249 or $499 hotspot device to access the network, becoming a "micro-operator." The community self-organizes the network through token incentives, reducing the overall investment. The deployment cost of a Verizon macro base station is about $200,000, while Helium achieves a similar coverage range by deploying around 100 hotspot devices (total cost approximately $50,000), resulting in a cost reduction of about 75%. Furthermore, in the AI data domain, traditional AI companies, to obtain training data, need to pay up to $300 million/year in API fees to platforms like Reddit, Twitter, and rely on Bright Data (residential proxies) and Oxylabs (data center proxies) for data scraping. Moreover, they increasingly face more copyright and technical restrictions, making it challenging to ensure the compliance and diversity of data sources. Grass has tackled this challenge through distributed Web Scraping, allowing users to share idle bandwidth by downloading a browser extension to help scrape public web data and earn token rewards. This model significantly reduces AI companies' data acquisition costs while achieving data diversity and geographic distribution. According to Grass statistics, there are currently 109,755,404 IP addresses from 190 countries participating in the network, contributing 1,000 TB of internet data daily. In conclusion, a fundamental point of embarking on investing in this DePIN direction is that decentralized physical infrastructure has the opportunity to outperform traditional physical infrastructure and even accomplish things that traditional methods cannot. As the Intersection of Infra and Consumer As the two main themes of Crypto investment, Infra and Consumer each face some challenges. Infrastructure projects generally have two characteristics: first, they are highly technical, with technologies such as ZK, FHE, MPC having a high barrier to entry, leading to a certain disconnect in market understanding. Second, apart from projects we are familiar with like Layer1/2, cross-chain bridges, staking, which can directly reach end users, most Infra projects are actually B2B. For example, developer tools, data availability layers, oracles, co-processors, etc., are relatively far from the end user. These two points make it difficult for Infra projects to capture users' mindshare and have poor virality. Although high-quality Infra projects have a certain Product-Market Fit (PMF) and revenue, being self-sufficient through cycles, the lack of mindshare in a market where attention is scarce makes it challenging for later-stage listings. Looking at it the other way, Consumer projects have the advantage of directly facing end users, having a natural advantage in capturing mindshare. However, new concepts are easily refuted by the market and may plummet after a hype shift. These projects often fall into a cycle from narrative-driven to short-term breakout, and then to refutation decline, with a short lifecycle. Examples include friend.tech and Farcaster, among others. Growth, mindshare, and listings are all issues discussed a lot in this cycle. In conclusion, DePIN can better address the dilemma by combining the above two points, finding a balance. DePIN is built on the basis of real-world needs, such as energy, wireless networks, etc. High-quality DePIN projects have a solid PMF and income, are not easily refuted, and are easily understood by the market. For example, Helium's $30 unlimited data plan per month is obviously cheaper than the solution offered by traditional carriers. DePIN also has user-side usage demands, capturing mindshare. For example, users can download Grass's browser extension to contribute their idle bandwidth. Currently, Grass has reached 2.5 million end users, many of whom are non-crypto native users. Other tracks such as eSIM, WiFi, in-car data, etc., are the same, very close to the user. DePIN Investment Framework Source: Messari, IOSG Direction Starting from intuition alone, 5G and wireless networks represent a large market, while vehicle data and weather data represent smaller markets. From the demand side, it is important to consider whether the technology is a must-have (5G) or if there is strong demand for it. Additionally, since technologies like 5G already hold a significant share in traditional markets, even if DePIN can capture a small portion of that market, the overall market size in the Crypto space is quite substantial. Product According to Grayscale's report, the DePIN model is particularly suitable for industries with high capital requirements, high entry barriers, a clear monopoly structure, and underutilized resources. Addressing the PMF question fundamentally looks at two points. Source: Hivemapper On the supply side, has DePIN achieved what couldn't be done before, or does it offer significant advantages over existing solutions (cost, efficiency, etc.)? For example, in the map collection field where Hivemapper operates, traditional map collection faces at least three major issues: · Traditional reliance on professional fleets and manual annotation results in high costs and poor scalability · Google Street View has long update cycles and low coverage in remote areas · Centralized map service providers have a monopoly on data pricing However, Hivemapper allows users to collect data by selling dashcams, transforming data collection into something users do as part of their daily driving routine. Through a crowdsourcing model incentivized by tokens, resources are directed to high-demand areas. On the demand side, DePIN's products must fulfill a genuine market need, preferably with a strong willingness to pay. Using the same example, Hivemapper can sell map data to companies in autonomous driving, logistics, insurance, municipal services, etc., with key needs being validated. Regarding hardware, Multicoin's article "Exploring The Design Space Of DePIN Networks" in 2023 discusses hardware at the outset. To supplement, here are a few additional perspectives regarding hardware. The hardware timeline can be summarized as "Manufacturing—Sale—Distribution—Maintenance." · Manufacturing: Does the project team design and manufacture their own hardware, or do they use existing hardware? For example, Helium offers two types of proprietary hotspots and also supports integration with existing WiFi networks. Alternatively, for compute and storage-oriented DePIN projects, existing GPUs and hard drives can be utilized directly. · Sales: The transparent pricing of sales means that users will calculate the payback period based on potential rewards. Helium's home hotspot is priced at $249, and DIMO's in-car data collector is priced at $1,331. · Distribution: How is it distributed? Distribution involves many uncertainties: logistics timeliness, shipping costs, and the delivery period starting from presales. For projects targeting a global audience, inappropriate distribution design and means can greatly slow down project progress. · Maintenance: How do users maintain hardware? Some devices may experience depreciation or wear and tear. The simplest maintenance example is Grass, where users only need to download a browser extension, with no other requirements; or Helium's hotspot, which only requires a simple setup to keep running. If it involves solar power generation, for example, it may be more complex. Considering the above points, the simplest model is Grass's model—directly utilizing existing network bandwidth, requiring no manufacturing or distribution, allowing users to start seamlessly, eliminating the need for sales, which helps rapidly expand the network in the early stages of a project. Admittedly, each project's hardware needs vary. However, hardware is related to the initial adoption friction. The less friction in the early stages of a project, the better. As the project matures, some friction can lead to retention and a certain degree of lock-in. For a startup team, it is crucial to control the hardware's path selection and resource allocation, gradually rather than all at once. Imagine if it's not easy from "manufacturing-sales-distribution-maintenance," then unless there is a very strong and highly certain incentive, why would users participate? Tokenomics Token mechanism design is one of the most challenging aspects of the DePIN project. Unlike projects in other fields, DePIN needs to incentivize various participants in the network early on, requiring the introduction of tokens at a very early stage of the project. This topic is suitable for a new article with some case studies, so this article will not delve into it further. Team In the team composition, the founder needs at least the following backgrounds: one who has worked in a traditional company in this field and has rich experience, responsible for technical and product implementation matters, and one who is crypto-native, understands tokenomics and community building, differentiates between crypto and non-crypto user preferences and the differences in their mental models. Others Regulatory issues, such as collecting road image and data domestically, are evidently highly sensitive. Key Takeaways In this cycle, Crypto has not yet seen a truly "breakthrough" application, and it seems that we are still far from mainstream user adoption. Some Crypto applications attract users with short-term incentives, but these incentives are not sustainable in the long run. On the other hand, DePIN, with its underlying economic benefits, has the potential to replace traditional infrastructure on the user side, thereby achieving application sustainability and enabling mass adoption. Source: Helium Although the nature of DePIN being integrated with the real world has resulted in a longer development cycle, we have already seen some promising signs from the development of Helium Mobile: Helium Mobile has partnered with T-Mobile, allowing user devices to seamlessly switch to T-Mobile's nationwide 5G network. For example, when a user leaves the Helium community hotspot range, their device automatically connects to T-Mobile's base stations, preventing signal interruption. Earlier this year, Helium announced a partnership with global telecommunication giant Telefónica to deploy Helium Mobile 5G hotspots in Mexico City and Oaxaca State, initiating their expansion into South America. Telefónica's subsidiary Movistar in Mexico has approximately 2.3 million users, and this partnership directly connects these users to Helium's 5G network. In addition to the discussion above, we also believe that DePIN has two unique advantages: 1. Compared to traditional monopolistic large corporations, DePIN has a more flexible deployment approach and means, and through a token model, it can align incentives within the ecosystem. For example, the traditional telecommunications industry is usually dominated by a few giants, lacking the drive for innovation. Taking rural areas as an example, traditional operators lack the motivation to deploy due to the dispersed population and the low and time-consuming return on investment. Through appropriate tokenomics, the network can be encouraged to deploy in areas with scarce hotspots. Similarly, Hivermapper offers higher incentives in places where mapping resources are scarce. 2. DePIN has the opportunity to bring positive externalities. From AI companies purchasing internet data collected by Grass, autonomous driving companies buying street-level map data from Hivemapper, to Helium Mobile offering low-cost data plans, DePIN can actually go beyond the realm of Crypto and bring value to real-life and other industries, subsequently benefiting the entire ecosystem through tokenomics. In other words, DePIN's token is backed by real value rather than a Ponzi scheme model. Of course, DePIN also faces many uncertainties: for example, uncertainties in the time period due to hardware operation, regulatory risks, due diligence risks, and so on. In summary, DePIN is the key track we will focus on in 2025, and we will continue to produce more research related to DePIN. Original Article Link
AI coins continue to draw strong attention heading into the first week of May, with Story (IP), Virtuals Protocol (VIRTUAL), and GRASS standing out for different reasons. Story has shown modest gains but remains below the explosive pace set by other AI projects. Conversely, VIRTUAL has surged nearly 90% in just seven days, benefiting from the renewed hype around crypto AI agents. Story (IP) Story (IP) is up nearly 5% over the past seven days but has been underperforming compared to other top AI-focused coins in the same period. While many AI tokens have seen explosive gains recently, Story’s more modest move suggests a slower build in momentum. Despite the lag, Story remains a project with strong fundamentals and growing relevance in the decentralized content space, making its recent price behavior worth watching closely. IP Price Analysis. Source: TradingView. Its market cap is now just above $1 billion, a psychologically important threshold that could influence future investor sentiment. Technically, IP is currently trading very close to a key support at $3.82; if that support fails, the next major downside target is $2.97. However, if the support holds and momentum improves, IP could rally toward $4.49, and with stronger buying pressure, extend gains to $5.04 or even $6.61. Virtuals Protocol (VIRTUAL) VIRTUAL has surged nearly 90% over the past seven days, fueled by renewed excitement around the narratives of artificial intelligence and crypto AI agents. As AI narratives regain traction across the market, VIRTUAL has positioned itself as one of the top beneficiaries, quickly reclaiming attention after months of quieter trading. The strong rally highlights the market’s appetite for AI-related projects and puts VIRTUAL in a strong position heading into the next major technical levels. VIRTUAL Price Analysis. Source: TradingView. Currently, VIRTUAL is approaching a key support at $1.008; if this level is lost, the next downside targets would be $0.84 and potentially $0.54 if selling pressure intensifies. However, if VIRTUAL can maintain its positive momentum, it could rally toward the resistance at $1.17. A successful break above this resistance could pave the way for a move to $1.30, and if buying interest remains strong, even $1.50 — a level VIRTUAL has not seen since February 5—could be within reach. GRASS GRASS has been underwhelming compared to other major AI coins, with its price moving just 0.4% over the last seven days. While many AI tokens have posted strong rallies recently, GRASS has remained relatively stagnant, suggesting that bullish momentum has cooled. Despite the muted performance, GRASS still shows signs of underlying strength, but it remains uncertain whether it can capitalize on the broader AI narrative. GRASS Price Analysis. Source: TradingView. Technically, GRASS’s EMA lines are still bullish, with the short-term averages positioned above the long-term ones, but the gap between them is narrow, hinting that the trend could shift soon. If selling pressure picks up, GRASS could test the support at $1.63; losing that level could lead to further declines toward $1.56 and even $1.45. However, if GRASS can gather enough strength to test and break above the $1.74 resistance, it could open the door for a move higher to $1.82 and potentially $1.90.
Mid-cap altcoins worth between $100M–$1B present substantial value growth since they combine development opportunities with well-developed use frameworks. The forecast for a 5x return on investments during 2025 primarily depends on infrastructure components and real-world data processing alongside high-performance trading systems. Emerging narratives in AI, decentralized compute, and cross-chain finance will shape altcoin value drivers during the next crypto market cycle. The cryptocurrency market approaches 2025 as an innovative market segment with developing infrastructure and official regulatory structures that welcome institutional investors. The current market conditions create exclusive prospects for mid-cap altcoins valued between $100 million and $1 billion. Market analysts identify GRASS, QUBIC, $SEI and INJ and ATH as top assets predicted to grow 5x during the upcoming year. The projects maintain technical excellence while offering themselves perfectly to benefit from developing trends in blockchain utility and scalability and cross-chain interconnectivity. Mid-cap cryptocurrencies become attractive to investors because they offer reliable setups combined with high growth potential despite lesser visibility than large-cap tokens. Each of these five cryptocurrencies establishes separate practical uses and detailed development pathways which correspond with anticipated market drivers during 2025 including decentralization technologies and tokenized systems. Grass(GRASS): A Dynamic Infrastructure Layer for Real-World Data Current Price: $1.63 Market Cap:$397.84M The innovative company GRASS has developed a revolutionary approach to turn wasted customer bandwidth into proceeds while also connecting the resources to data applications enabled by machine learning. Experts indicate that its distinct application makes GRASS inhabit a specialized segment of high-yield infrastructure tokens. The GRASS design operates through decentralized nodes for real-time data collection because this functionality becomes increasingly important during global artificial intelligence expansion. Qubic(QUBIC): Premier Smart Contract System with Autonomous Consensus Current Price: $0.051505 Market Cap:$174.4M QUBIC functions as an improved protocol which implements its own exceptional smart contract structure that utilizes quorum-based consensus operations. QUBIC enables automatically operating oracles for autonomous task validation which separates it from conventional blockchain systems. Experts have declared this network structure a phenomenon since it minimizes latency while improving communication between different blockchain networks. Sei(SEI): High-Speed Chain Tailored for Trading and Finance Current Price :$0.1817 Market Cap:$928.24M The assessment of $SEI evaluates its ability to break performance records and tailor its solutions to enhance high-frequency trading on decentralized exchanges. The performance metrics indicate that SEI can handle thousands of orders per second which makes it suitable for superior infrastructure support in financial applications. INJ (Injective): Remarkable Interoperability Across Finance and Data Current Price :$8.71 Market Cap:$868.55M Serial Interchange malfunctions (INJ) continues to aggrandize its position in the DeFi sector because of its dynamic cross-chain trading without external support, which experts view as peerless functionality. Users can access all markets through its protocol with no requirement for permissions. The upcoming scalability upgrades for INJ promise to attract new sectors looking for both instant connectivity among networks and lower fees. ATH (Aethir): Exceptional GPU Infrastructure Token Current Price: $0.02809 Market Cap:$237.83M The Aethir (ATH) operation delivers profit through decentralized GPU cloud analytics that support cloud gaming and AI functions. The market considers ATH’s business model exceptional because real-time metaverse requirements and simulation environments generate increasing demand for distributed computing. With its GPU power rental model Aethir develops a scalable business solution that empowers developers and researchers.
Hey folks! Welcome to the latest edition of the Blockchain Bulletin, where we provide you with the significant developments that took place in the crypto space over the last 24 hours. Taking a strategic step, President Donald Trump announced the reduction of tariffs on China, easing the trade tension between the nations. The tariffs faced severe backlash, following which China slapped a 10% tariff on U.S. crude oil, large displacement vehicles, and farm equipment. Also, this led to reciprocal tariffs between the nations. Amid the situation, Treasury Secretary Scott Bessent suggested a potential ‘de-escalation’, hinting that the current levels are not sustainable in the long run. With this move, the crypto market awaits a surge in the upcoming months. Meanwhile, Francois Villeroy de Galhau, a senior European Central Bank official, warned that Trump’s trade policies are a “lose-lose game”, indicating implications in the economy. Villeroy underscored that international trade cannot and must not be reduced, as it could endanger global financial stability. He urged transatlantic leaders to seek immediate de-escalation, especially since the International Monetary Fund recently downgraded its global growth forecasts from 3.3% to 2.8%. Cantor Fitzgerald collaborated with Tether, SoftBank, and Bitfinex to launch a $3 billion Bitcoin-focused venture called 21Capital. Reportedly, the firm will allocate BTC directly into 21 Capital, with Tether providing $1.5 billion worth of Bitcoin, SoftBank adding $900 million, and Bitfinex pledging $600 million. In a model reminiscent of Michael Saylor’s Strategy, the venture will offer equity stakes linked to Bitcoin’s performance, with shares priced at $10 and conversions based on Bitcoin’s current price. On the regulatory side, with Paul Atkins at the helm, the crypto community anticipates a bullish outlook for the sector. Further, Atkins proposed to bring in clear rules to crypto markets and unlock new spaces for fair businesses. He further emphasized that frameworks are important for innovation and to protect investors. Related: GRASS Price Prediction 2025-35: Will It Hit $80 by 2035? In the market side, Bitcoin bulls have staged a powerful comeback. After bouncing from lows near $75,000, Bitcoin surged to $93,708.78 on April 23, confirming a breakout that has blindsided bearish traders. Market analyst Jelle noted the daily downtrend had officially ended and described the current pullback as a “golden opportunity.” Echoing that sentiment, another analyst, Captain Faibik, posted a chart highlighting Bitcoin’s breakout from a descending wedge pattern. The move resulted in the year’s largest short liquidation event, with prices now targeting a technical objective of $112,000—marking a potential 34.94% climb from the breakout. Further, technical support made Bitcoiin reclaim its 50-day moving average. Analysts are pointing to a bullish engulfing candle and increasing volume, both key signals that validate the recent move. Pointing out the situation, Faibik stated that traders who were bearish at $75K will now start buying in out of FOMO. In short, the crypto world is once again defying gravity, thanks to a mix of political diplomacy, regulatory shift, and institutional capital. Whether it holds or not will be determined by the same elements that sparked the climb—trade policy, interest rates, and above all, Bitcoin’s own stubborn resilience. The post The Blockchain Bulletin, Apr 24: Trump Hints at Trade Truce, Markets React appeared first on Cryptotale.
On April 13th, the first SVM Layer2 network Eclipse of Ethereum announced on social media platform, "Grass points have been locked, and the snapshot has been completed."
Odaily Planet Daily reported that the Ethereum SVM Layer2 network Eclipse announced on platform X: Grass points have been locked, and the snapshot has been completed.
On-chain data shows a 43.08% surge in GRASS’s derivatives trading volume in just 24 hours. The RSI at value 55.54 confirms a healthy upward momentum for the GRASS token. GRASS price may trade within highs of $0.60-$6.00 in 2025, driven by market euphoria. Grass (GRASS) Overview cryptocurrency Grass Ticker GRASS Current Price $1.62 Price Change (30D) 22.48% Price Change (1Y) -99.99% Market Cap $396.33 Million Circulating Supply 243.9 Million All-Time High $3.90 All-Time Low $0.78 Total Supply 1 Billion What is Grass (GRASS)? Grass (GRASS) is an advanced cryptocurrency token built on the Solana blockchain, designed to alter how data is collected, processed, and utilized for AI development. By leveraging a decentralized network of residential internet users, Grass transforms unused bandwidth into valuable data resources, powering AI with structured datasets. Source: Grass With the Solana blockchain’s high transaction speed of up to 1 million transactions per second, Grass is uniquely positioned to tackle the growing demand for scalable, efficient data solutions in AI. Grass Ecosystem and How It Works The Grass ecosystem is built on a sophisticated Layer 2 Data Rollup architecture, ensuring seamless interaction among users, developers, and the broader digital infrastructure. Here’s how it works: Grass Nodes: These are operated by users who share their internet bandwidth to collect and process public web data, which is encrypted and securely transmitted. Validators: These network participants verify transactions and maintain blockchain consensus, ensuring the integrity and security of the entire ecosystem. ZK Processor: This processor enhances privacy by processing data transactions securely and without revealing sensitive information, addressing privacy concerns in the digital space. Router: Links Grass Nodes with Validators, ensuring smooth data flow and security. Data Ledger: Serves as a decentralized repository, linking all data transactions to zk-SNARK evidence, ensuring authenticity and traceability. Tokenomics of Grass (GRASS) Grass has a fixed supply of 1 billion tokens, with a distribution designed to incentivize network growth, community engagement, and long-term sustainability: Source: Grass Foundation Community (30%): Aimed at rewarding active participation, including airdrops and incentives for engagement. Foundation Ecosystem Growth (22.8%): For governance and funding community-driven initiatives, such as partnerships and research. Early Investors (25.2%): Allocated with a 1-year cliff, followed by a vesting period. Contributors (22%): Reserved for those actively building and improving the network, also with a vesting schedule. Why is Grass Important? Grass has several key use cases that highlight its potential. One of the primary applications is in AI development. Grass provides AI developers access to high-quality, structured datasets, enabling them to train and improve their models more efficiently. This is particularly valuable as it democratizes data access, allowing smaller developers to compete with larger corporations by tapping into valuable web data collected by the Grass network. Grass also ensures decentralized data access, offering transparent and secure data without relying on centralized entities. This increases data integrity and allows users more control over their contributions. Additionally, Grass enables users to monetize their internet resources by sharing unused bandwidth and earning GRASS tokens as compensation. This creates new income opportunities, especially in an era where many seek alternative revenue streams. Users can participate in the digital economy by contributing to the network while supporting the ecosystem’s growth. Grass Price History The GRASS token began with a sharp upward movement, climbing by almost 530% to reach its all-time high of $3.90 in a brief but powerful rally. This rise captured the market’s attention, but such surges often bring consolidation. The token then traded within a narrow range of $3.39 to $1.92, a typical phase after a sharp increase. During this period, traders took profits, and the market found a temporary balance, waiting for direction. Soon after, the market couldn’t hold the consolidation range. The price plunged to $0.9127 in the first quarter of 2025, signaling a shift in market behavior. The steep decline marked a crucial point, but the token found its footing between $1.22 and $1.13, creating a new support zone. Source: TradingView This marked the end of the downward trend, as the price stabilized and set the stage for a potential rebound. As the token began to climb again, it formed an Adam and Eve pattern, a well-known reversal setup. The first phase, the “Adam” part, emerged during the sharp drop to $0.9127, while the second phase, the “Eve,” began to develop with a rounded bottom. This pattern suggests a change in market sentiment, with the price gaining strength from the established support zone. Now, the token is hovering between support and a resistance range of $2.91 to $2.75. The next challenge is breaking through this resistance. If successful, the token could revisit its previous high of $3.3364 or its all-time high, making this price level a key point of interest. Conversely, if the bearish sentiment intensifies, the token’s market value could revisit the $1.22 – $1.13 support zone, potentially breaching this level if selling pressure increases. GRASS Token Volume and Open Interest Rise, Eyes on Resistance On-chain data reveals that the GRASS token is experiencing heightened market activity. Over the last 24 hours, the token’s Open Interest rose by 21.68%, now at $87.99 million. This increase signifies more capital committed to GRASS token futures, suggesting that traders are positioning themselves for likely price movements. Source: Coinglass Simultaneously, the token’s derivatives trading volume surged by 43.08%, climbing to $213.38 million during the same period. This increase in volume indicates more vigorous market participation, with more traders engaging in buying and selling activity. Source: Coinglass Such heightened market activity, reflected in both open interest and volume, suggests a growing interest in the GRASS token. If this momentum continues, the token could have greater chances to challenge the $2.91-$2.75 resistance range. Breaking through this level could open the door to retesting its previous higher highs, driving the token toward new price levels. Related: Ronin Price Prediction 2025-35: Will It Hit $50 by 2035? Yearly Highs and Lows of Grass Year Grass Price High Low 2024 $3.90 $0.78 Grass Technical Analysis The MACD indicator on the GRASS token chart reveals a bullish signal as the MACD line (blue) is above the signal line (orange), with the histogram showing positive momentum. At the time of the chart, the MACD reading stands at 0.0479, with the signal line at 0.0163, suggesting that the token is experiencing increasing buying pressure. Source: TradingView The RSI, with a value of 55.54, also confirms the bullish outlook. It is situated above the 50 mark, which typically signifies an uptrend, and is moving toward overbought territory. The 55.54 reading suggests the token has healthy upward momentum without being overbought. Given the RSI’s current position, further upward movement is possible if market conditions remain favorable. Grass (GRASS) Price Forecast Based on Fair Value Gap The chart below reveals a small Fair Value Gap (FVG) around the price level of $1.49-$1.45, positioned near the recent price action. The FVG is a gap between two price levels that reflects an area where price movement has been insufficient or unbalanced. In this case, the gap suggests that there might be an area of unfilled orders or inefficiencies that the market could revisit to restore equilibrium. Given that the FVG is relatively small, the market may not need to fill this gap entirely. However, its proximity to the current price levels indicates that the token may test this zone soon, and if the price approaches this FVG area, it could find support. Source: TradingView If the price moves lower, it may revisit this gap before bouncing back up as the market seeks to fill this slight inefficiency. With the token’s price action hovering near this small FVG, the market could see short-term price movement within this gap. Yet, if the price breaks below, it could signal a deeper pullback, while a bounce off this gap could indicate further upward movement. The small size of this FVG makes it a less effective barrier but still relevant for short-term price movements. Grass (GRASS) Price Forecast Based on MA Ribbon Analysis The chart reveals that the 20-day and 50-day Moving Averages (MA) are below the GRASS token’s current price, indicating bullish momentum. As of the most recent data, the token is trading at $1.8543, with the 20-day MA at $1.6209 and the 50-day MA at $1.7525. Source: TradingView These moving averages serve as dynamic support levels, suggesting that the price could find support if it revisits these areas. The position of these two MAs below the current price signals that the token is trending upward in the short to mid-term. However, the 100-day MA, which is positioned above the current price at $1.9160, is acting as a resistance level. This suggests that the token faces an obstacle to further upward movement, and a break above this level could signal continued bullish momentum. Grass (GRASS) Price Forecast Based on Fib Analysis The GRASS token is trading close to the 38.2% Fibonacci retracement level, which is $1.9072. This level is crucial as it indicates a likely reversal point after a price retracement. The price is hovering near this level, which could serve as either support or resistance in the short term, depending on the market’s response. Source: TradingView Should the price fail to maintain above this level, the 23.6% retracement at $1.4201 could provide the next line of support. A drop to this level might signal further consolidation or a potential downside. On the other hand, if the price holds and continues to rise, the 50.0% retracement at $2.3009 and the 61.8% retracement at $2.6946 could act as intense resistance levels. Additionally, the 78.6% retracement at $3.2551 offers a higher resistance point that the token may target if it maintains its bullish momentum. Grass (GRASS) Price Prediction 2025 As per CryptoTales’ projections, Grass (GRASS) is expected to experience a strong surge, fueled by post-BTC halving hype. Due to market euphoria, the token may reach highs of $0.60-$6.00, but a correction will likely occur, bringing the price to more sustainable levels by year-end. Grass (GRASS) Price Prediction 2026 According to our price forecast, the token will likely face a market recession, losing almost half its value. The price may fall to $2.00-$4.00 as the crypto market experiences a downturn, influenced by the market’s post-hype correction phase and BTC consolidation. Grass (GRASS) Price Prediction 2027 CryptoTale predicts that GRASS will continue to be in a depression phase with prolonged lows. The token may hit a trough of $1.50-$3.50, marking a consolidation period as market optimism builds with the approaching BTC halving event in 2028. Grass (GRASS) Price Prediction 2028 As the crypto market begins to recover from the prior correction, the price of GRASS is expected to rise to $5.00-$10.00, with the potential to stabilize as hope fills the market amid the 5th BTC halving event. The token will likely benefit from growing trust in the space. Grass (GRASS) Price Prediction 2029 CryptoTale forecasts that GRASS will gain momentum as market optimism surges after the post-BTC halving hype. The price could range from $12.00 to $18.50, marking an expansion phase as the market rallies in response to the post-halving event. Grass (GRASS) Price Prediction 2030 According to our analysis, GRASS will likely face a major correction as the market enters a downturn following the 2029 expansion phase. Prices could decline to $8.00-$15.00 as the market recalibrates post-BTC halving influence. Grass (GRASS) Price Prediction 2031 GRASS may experience an even deeper correction, with price fluctuations leading to $5.50-$12.00. However, the market will likely stabilize by the end of the year as investor sentiment improves, paving the way for future growth. Grass (GRASS) Price Prediction 2032 Following the 6th BTC halving, CryptoTale expects GRASS to witness a bullish surge, reaching $15.00-$25.00, as market participants rally in response to the renewed crypto expansion phase. This marks a strong recovery and renewed optimism. Grass (GRASS) Price Prediction 2033 Following the 2032 surge, GRASS will enter a complete expansion phase, pushing prices to $30.00-$50.00. The market will experience sustained growth driven by the momentum from the 2032 BTC halving and the broader market cycle. Grass (GRASS) Price Prediction 2034 GRASS may face a slight correction as the market matures, dipping to $25.50-$45.00. However, this correction will be short-lived, with the token recovering quickly and stabilizing at higher levels as adoption grows. Grass (GRASS) Price Prediction 2035 According to CryptoTale’s projections, GRASS will likely hit a new all-time high amid market maturity and broader adoption of blockchain technology. Driven by continued innovation, AI development, and market expansion, the price could reach $40.00- $80.00. Related: Osmosis Price Prediction 2025-35: Will It Hit $100 by 2035? FAQs What is GRASS? GRASS is a cryptocurrency built on the Solana blockchain, designed to transform unused bandwidth into valuable data for AI development using a decentralized network. How can I purchase GRASS? You can purchase GRASS using fiat or other cryptocurrencies like Bitcoin or Ethereum on various cryptocurrency exchanges that support Solana-based tokens. Is investing in GRASS a wise decision? GRASS investment depends on market conditions, as AI advancements and blockchain technology influence its value. Consider doing thorough research before making any investment. What’s the best way to securely store GRASS? To ensure the safety of your assets, the best way to store GRASS is through a hardware wallet or a secure software wallet that supports Solana-based tokens. Who is the founder of GRASS? Andrej Radonjic is the founder and CEO of Grass Network. Which year was GRASS launched? GRASS was launched in 2024, leveraging Solana’s blockchain technology to enhance data solutions for AI development. What is GRASS’s circulating supply? GRASS has a circulating supply of 243.9 million tokens out of its total supply of 1 billion tokens. Will GRASS surpass its all-time high? Although the all-time high of $3.90 may be surpassed, market conditions, tech growth, and adoption will shape its potential to reach new heights. What is GRASS’s lowest price? The lowest price for GRASS was $0.78, which occurred during the early market downturn. What will the price of GRASS be in 2025? In 2025, GRASS may reach highs of $0.60-$6.00, driven by post-BTC halving market euphoria, followed by a likely correction. What will the price of GRASS be in 2028? By 2028, GRASS could reach $5.00-$10.00 as the market recovers, supported by growing trust and the BTC halving. What will the price of GRASS be in 2030? In 2030, GRASS may experience a correction, with prices ranging between $8.00 and $15.00. What will the price of GRASS be in 2032? Amid the 2032 BTC halving, GRASS may experience a bullish surge, reaching $15.00-$25.00, driven by market optimism and expansion. What will the price of GRASS be in 2035? In 2035, GRASS could hit a new all-time high, ranging between $40.00 and $80.00, amid broader blockchain adoption and technological advancements. The post GRASS Price Prediction 2025-35: Will It Hit $80 by 2035? appeared first on Cryptotale.
A widely followed cryptocurrency analyst and trader is leaning bullish on an altcoin built in the Solana ( SOL ) ecosystem. The trader, pseudonymously known as Altcoin Sherpa, tells his 243,700 followers on the social media platform X that the utility token of the decentralized bandwidth crypto project Grass ( GRASS ) is looking “extremely strong” following a 25% rally in just a day that effectively reversed a rout that came amid a crypto market-wide slump. According to the pseudonymous analyst, GRASS is likely to experience a pullback before resuming the rally. Based on Sherpa’s chart on the four-hour time frame, it appears the widely followed trader is suggesting that GRASS could correct by around 15% before rallying by over 20% in a matter of days. “Holy s**t what a reversal. Cream rises to the top, this is one of the best coins still.” Source: Altcoin Sherpa/X GRASS is trading at $1.89 at time of writing. The pseudonymous trader says that altcoins are yet to bottom out and are likely to enjoy a consolidation period of up to two months before a rally ensues. “Wouldn’t be surprised to see another month or two of chop. That doesn’t mean we’re not going to see big moves up or down, we already have. But the real meat of this move comes in the early parts of the summer, in my opinion, guessing May/June.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney
GRASS has surged nearly 30% over the past week, with its market cap climbing back to $415 million and its price breaking above $1.70 for the first time since March 10. This strong performance has been backed by bullish technical signals, including a consistently positive BBTrend and a rising ADX. However, with momentum indicators beginning to cool slightly, the next few days will be key in determining whether GRASS continues its rally or enters a period of consolidation. GRASS BBTrend Remains Strong, But Is Slightly Declining GRASS’s BBTrend is currently at 11.28, marking the fourth consecutive day in positive territory, after peaking at 14.85 two days ago. The BBTrend (Bollinger Band Trend) indicator measures the strength of price trends by analyzing how far the price moves away from its moving average within Bollinger Bands. Generally, values above zero indicate an uptrend, while values below zero suggest a downtrend. The higher the positive reading, the stronger the bullish momentum, whereas deep negative values reflect strong selling pressure. GRASS BBTrend. Source: TradingView. With GRASS maintaining a BBTrend of 11.28, the token is still in an active uptrend, although slightly cooler than its recent peak. Sustained positive BBTrend readings typically signal that buyers remain in control and that upward momentum could continue. However, the slight pullback from 14.85 might suggest that momentum is starting to ease. If the BBTrend begins to decline further, it could be an early sign of consolidation or a possible reversal. For now, GRASS appears to be holding onto bullish momentum, but traders should monitor any shifts in trend strength closely. GRASS ADX Shows The Uptrend Is Getting Stronger GRASS is currently in an uptrend, with its Average Directional Index (ADX) rising to 30.31 from 26.49 just a day ago, indicating a strengthening trend momentum. The ADX is a widely used technical indicator that measures the strength of a trend, regardless of its direction, on a scale from 0 to 100. Values below 20 suggest a weak or non-existent trend, while readings above 25 indicate that a trend is gaining traction. When the ADX moves above 30, it typically signals that the trend is becoming well-established and may continue in the same direction. GRASS ADX. Source: TradingView. With GRASS’s ADX now above the 30 threshold, the current uptrend appears to be gaining strength. This suggests that bullish momentum is firming up and that price action may continue favoring the upside in the near term. As long as the ADX remains elevated or continues climbing, the trend is likely to sustain, attracting more interest from momentum traders. However, if the ADX begins to plateau or reverse, it could signal a potential slowdown or consolidation phase ahead. GRASS Could Form A New Golden Cross Soon GRASS’s Exponential Moving Average (EMA) lines are showing signs of a potential golden cross, a bullish signal that occurs when a short-term EMA crosses above a long-term one. If this crossover confirms, it could mark the beginning of a sustained uptrend. GRASS is likely to test the immediate resistance at $1.85 as some artificial intelligence coins start to recover good momentum. GRASS Price Analysis. Source: TradingView. Should bullish momentum from the past week persist, the token may push even higher toward $2.26 and eventually $2.56 or $2.79, possibly solidifying its position as one of the best-performing altcoins in the market. However, if the trend fails to hold and sentiment shifts bearish, GRASS could pull back to retest the support at $1.63. A break below this level might open the door to a deeper correction, potentially driving the price down to $1.22.
Golden Finance reports, according to Ai Aunt's monitoring, the Grass team associated address withdrew GRASS tokens worth 6.27 million US dollars from the exchange 11 hours ago. These tokens have been transferred to the address HMy1Z...QxrzT. This address had received 10 million GRASS tokens from the Grass team's multi-signature address before TGE and has been depositing these tokens into exchanges in batches over the past four months.
according to Aunt Ai's monitoring, the Grass team's associated address withdrew $6.27 million worth of GRASS tokens from the Bybit exchange 11 hours ago. These tokens have been transferred to the address HMy1Z...QxrzT. This address previously received 10 million GRASS tokens from the Grass team's multi-signature address before the TGE, and has gradually recharged the tokens to the exchange in batches over the past 4 months.
This is a segment from the Empire newsletter. To read full editions, subscribe . Unlike what I’m seeing on CT, I don’t need to convince any of y’all that crypto looks good in the long term. You all know this because, dang, we’ve never been in such a bullish position (stop looking at current price action, and close the tab please). Ryan Connor of Blockworks Research says we’re seeing fundamentals play a role in crypto. And if that sounds familiar, it’s because he said a similar thing literally a month ago . There are a few examples of this — get ready for some alpha — but my big takeaway is that we’re starting to see some parts of crypto act like stocks. And it’s really kicking off, more so than what we discussed last month. Loading Tweet.. Geodnet is one such example, Connor said. His team at Blockworks Research has been “pounding the table” on it since November because “they’re building out an RTK network globally. It’s seeing real revenue. It’s seeing ARR revenue. That revenue is steadily climbing up … it is completely untethered from this self-reflective crypto capital market,” he explained. Most importantly: It hasn’t moved on crypto volatility in the past few months. For Connor, that’s perhaps the most important snippet because it shows that folks aren’t taking profit just because of the current market conditions and reaffirms the “fundamental story.” Grass is another such example. It’s a “business that’s not correlated to crypto capital markets, and that thing’s up 20-40% since February 16, when this drawdown in crypto markets really started accelerating. So again, just another example of a pocket of the market that’s generating real income, uncorrelated to” the volatility we’re seeing across crypto. Loading Tweet.. If you’re looking for more tokens that buck the trend, then it’s all about figuring out what makes the token tick, Connor said. That’s how he and his team think about it. A lending protocol, for example, would be lending out to something like a crypto-native fund. The fund’s investments go up, it’s good for the protocol. A more negative environment makes that situation slightly trickier. The thing is that crypto’s not just about the vibes anymore. That’s not going to stop me from monitoring them, because I think — like retail investors in the stock market — it helps establish a sense of where we are and what people are interested in. But the reality is the market itself won’t keep reacting to vibes unless we stay focused on things like memecoins (which I’m clearly skeptical about). “We have a market that is maturing. And while it might have paid to be a vibes-based trader in the past, it helps to have different skills. Now this is a market [focused on revenues and business strategy] and less so about marketing and what people are thinking,” which means it might be time to stop doomscrolling CT. In this day and age, it’s all about being savvy. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam. Empire : Start your day with top crypto insights from David Canellis and Katherine Ross. Forward Guidance : Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. 0xResearch : Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more. Lightspeed : All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus. The Drop : The newsletter for crypto collectors and traders, covering games, tokens, apps, memes and more.
Delivery scenarios