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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. 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 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.

Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s ( ETH ) total supply is now held on exchanges, a record low in the network’s 10+ year history. Santiment noted that over the last five years, 15.3 million ETH have been withdrawn from centralized trading platforms. 📉 Ethereum has under 4.9% of its supply on exchanges for the first time in its 10+ year history. And Bitcoin's supply on exchanges is down to just 7.1% for the first time since November, 2018. 🗓️ Over the past 5 years, there is: 👉 1.7M less Bitcoin on exchanges 👉 15.3M less… pic.twitter.com/kKn9s1m2mC More recently, CryptoRank.io reported on May 18 that over 1 million ETH have been withdrawn from exchanges in the past month alone. The platform noted that “users are increasingly choosing to accumulate Ethereum rather than trade it,” pointing to long-term confidence in the asset. On-chain data shows that Ethereum whales, wallets holding over 10,000 ETH, have added more than 450,000 ETH since late April. By May 10, these large holders owned 40.75 million ETH, the highest level since March, as tracked by Santiment. Institutions are also showing growing interest. According to SoSoValue data , U.S. spot ETH spot ETFs have seen net inflows of $30 million in the last month, reversing a prolonged streak of outflows. At the same time, BlackRock’s Ethereum assets under management have surpassed $2.9 billion, signaling continued accumulation. Analysts say ETH is becoming a key asset for institutional investors. In a May 12 post on X, market analyst Adriano Feria wrote: “ETH remains the most natural choice for institutional diversification… It’s the only crypto asset with ETF access, regulatory clarity, and built-in yield potential.” Ethereum has also benefited from recent network upgrades. The Pectra upgrade , which went live on May 7, improved how Ethereum handles data. This has helped boost activity on Layer-2 networks built on Ethereum. According to L2Beat data , Base led the way with 259 million transactions in the past 30 days, and overall Layer-2 activity is up over 20% compared to the previous month. Meanwhile, the market is watching a possible Securities and Exchange Commission decision by June 1 on whether to allow staking for spot ETH ETFs. If approved, institutions could earn yield through these funds, which may attract more capital. BlackRock and other firms have argued that staking would make Ethereum ETFs more complete. According to some analysts, Ethereum may outperform Solana ( SOL ) and other tokens this bull cycle. Arthur Hayes, co-founder of BitMEX, stated in a recent interview that ETH is expected to do better in the upcoming bull market because of its robust security, vibrant developer community, and sizable user base. As of press time, Ethereum is trading at $2,535, marking a 57% increase in the last 30 days after a 45% drop in Q1.

When it comes to developing blockchain-based AI applications, one thing that often causes headaches is data storage. Well, now developers in the SingularityNET ecosystem have a more flexible solution. Through integration with Filecoin via the Lighthouse platform, they can store important files such as metadata and .proto files directly on a decentralized storage network. So, there is no need to rely on traditional storage systems that are very limited and sometimes prone to damage. Lighthouse itself is not just an ordinary storage place. This platform offers permanent storage with the help of the IPFS protocol which makes data distributed safely and easily accessible. And what makes it even more interesting, developers can access its API through the Filecoin subscription system—the choices are flexible, according to the capacity of each project. Want a free one to try? Yes. Need a large one for Web3 applications or AI services? Just upgrade. The current @LighthouseWeb3 integration allows @SingularityNET developers to store key data like metadata and .proto files using Filecoin. API access is granted via a Filecoin subscription model, aligning with their on-demand and cost-efficient storage needs. pic.twitter.com/O3iIRUbCGd — Filecoin (@Filecoin) May 18, 2025 On the other hand, Filecoin is also not sitting still. They continue to speed up with technological updates. One that is quite curious is Proof of Data Possession (PDP). This technology allows Filecoin to store dynamic data—data that can change at any time, according to CNF . In the past, this was difficult to achieve on a decentralized storage network. But now, developers can store images, videos, and even active AI models without worrying about the hassle. Furthermore, on May 5, Filecoin launched its version 25 network upgrade, which they call Teep. One of its flagship features is Fast Finality (F3), which speeds up transaction finalization times by up to 100 times. What used to take hours now only takes a few minutes. Imagine you’ve just finished uploading a large file to the network, and you don’t have to wait long for confirmation. In addition, the economic system has also been simplified, so storage providers are more comfortable playing here. However, another interesting highlight came from the launch of a new stablecoin called USDFC on May 13. This stablecoin is backed by the FIL token with a collateralization ratio of 110%. Its main function? Providing USD liquidity directly on the blockchain. USDFC can be used to pay for services on Lighthouse or even transacted on DeFi platforms like SushiSwap. With annual returns in the range of 8% to 10%, this stablecoin is clearly a special attraction for the Filecoin ecosystem. Just imagine if all this happened two years ago. Storing .proto files for AI projects could be a big problem. But now? With all the innovations of Filecoin and its collaboration with SingularityNET, everything feels more fluid and open. Not only does it save time and money, but it also provides space for creative ideas to grow without worrying about infrastructure. Meanwhile, as of the writing time, FIL is trading at about $2.87, down 4.36% over the last 24 hours and 14.61% over the last 7 days.

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