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 Total supply: 1,000,000,000 Website: https://www.getgrass.io/ X: https://x.com/getgrass_io Discord: https://discord.com/invite/getgrass
This is a segment from the Empire newsletter. To read full editions, subscribe . If I were to boil it down, I’d say there are three key reasons why Tribe Capital’s Evan Park is bullish on DePIN. The use cases, sustainability, and — of course — the revenue potential. Tribe’s backed a few DePINs including Wynd Networks (the company behind Grass ), flight tracking project Wingbits and Akash. Newsletter Subscribe to Empire Newsletter Subscribe When looking at DePIN projects, Park’s biggest question is whether or not the project is “solving a problem where real demand can be generated.” Specifically, when Park is being pitched, he’s skeptical when a project shows him revenue figures that aren’t necessarily coming from the underlying network. I asked him what makes him call bullshit on a DePIN pitch and he told me: It’s “important to distinguish revenue in crypto, but also in DePIN.” He wants to know where the revenue is coming from, essentially. Are the users also validators? Are individuals “contributing to the network and their data, is that the thing that’s making revenue?” He also keeps a close eye on organic growth and gets validation on potential demand. But a good team, and a founder “deep in the space” are huge green flags for Park. If this sounds familiar to you, it’s probably because Wyatt Lonergan of VanEck Ventures told us that he also pays close attention to project teams last month. “It’s a consideration that’s more important in DePIN than any other sector. But also having domain expertise, or having advisors and team members that have that domain expertise in your given industry, while bridging that with crypto native experience. It’s not enough to have one without the other,” he noted. And there’s your insider scoop for the day. Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter . Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter . Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more. The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus. Tags DePIN Empire Newsletter Funding
Grass unveiled an ambitious roadmap for 2025 after the decentralized platform transforming data scraping and distribution highlighted its monumental growth in 2024. According to the company, its 2024 success set the stage for significant advancements this year coming year. It will focus on artificial intelligence (AI) and decentralized data processing. Grass To Focus on AI and Decentralized Data Processing in 2025 The network stated in a post on X (Twitter) that “2025 is shaping up to be a defining year for Grass,” setting the tone for its new roadmap. In its first founder seminar of 2025, Grass outlined several key initiatives for the year ahead. “Grass is just getting started. After a year of scaling and breakthroughs, 2025 will push the limits of what is possible,” the announcement read. Key highlights for the Grass 2025 roadmap include Multimodal Search. Specifically, the platform plans to semantically enable AI models to search for insights from video, audio, and text data in real time. Grass also plans new distribution methods to expand its reach through mobile and other platforms, simplifying user access and participation. Beyond that, the platform will deprecate the Chrome extension, bringing on board a stronger and more efficient desktop node. Further, it will introduce horizontal scaling, a new product to scale its capabilities further, ensuring continued growth and innovation. Another key highlight is the Sion Phase 1 Results. Grass platform aims to enhance network efficiency, achieving 60X faster data retrieval. “In case you’re wondering – network activity has been reduced to near zero a couple of days after Sion phase 1 to give our storage partners some time to catch up. Nobody expected this level of capability this early on. Exciting times ahead,” Grass contributor and Wynd Network co-founder Andrej Radonjic said recently. Despite the news of the 2025 roadmap, Grass network’s powering token, GRASS, is up only by a modest 2.5%. According to BeInCrypto data, it was trading for $2.82 as of this writing. GRASS Price Performance. Source: BeInCrypto Grass Recaps 2024 Milestones Meanwhile, the roadmap comes after an otherwise successful 2024 for the Grass network. In 2024, Grass experienced growth, increasing its user base from 200,000 to 3 million—a remarkable 15x expansion. Per the post, the platform recorded a 1000X increase in videos indexed and distributed over $196 million to more than 2.2 million users in 2024. These achievements, coupled with its high-profile airdrop, elevated Grass’ position among peers in the decentralized applications (dApps) space. Despite its success, Grass faced its share of controversies. The airdrop sparked community backlash over token distribution concerns, with many users alleging an uneven allocation of GRASS tokens. Furthermore, claims emerged about the platform blocking phantom wallet users from claiming their tokens, adding to the criticism. These issues temporarily dented Grass’s reputation but ultimately did little to slow its growth trajectory. Three months ago, GRASS’s price surpassed $1 after its listing. This saw the platform dominate DePIN (Decentralized Physical Infrastructure) trading volumes and further solidify its market position.
Grayscale’s 2025 top 20 altcoins highlight institutional focus on scalability, DeFi, and ecosystem-driven growth opportunities. Projects like Grass and Jito emphasize infrastructure innovations and the importance of user-owned, scalable blockchain solutions. Grayscale has released an updated ranking of the top 20 altcoins for 2025. Far beyond a mere compilation of digital resources, the list signals where institutional money might find flow in the next years. This development is especially important since it reflects changing patterns in the crypto market and provides information for both institutional and retail investors. Grayscale: Focus on Scalability and Blockchain Infrastructure Among the six new entries into Grayscale’s top 20 list are Ethena, Jupiter , Jito, Virtuals Protocol, Hyperliquid, and Grass. These choices show a focus on scalability and infrastructure, which are vital elements for blockchain technology going forward. Source: BitBoy X on Youtube For example, Jupiter and Jito are notable for their unappreciated value and expanding ecosystems. While Jito fits the growing attention on layer-2 scalability solutions, Jupiter’s trading environment has acquired momentum. Grass, built on Solana, is fervently striving to transform web crawling on an internet scale. With an ultimate aim of building a user-owned knowledge graph of the whole internet, the project claims to have over three million individuals running nodes to scrape enormous datasets for artificial intelligence models. Although many initiatives show promise, not all of them ought to be considered absolutely must-have. As the BitBoy X video advises, it’s important to approach these selections carefully and give sturdy foundations top priority over speculative frenzy. Institutional Focus on DeFi and Scalable Infrastructure Grayscale’s list reflects institutional priorities rather than only a recommendation. Projects like Virtuals Protocol and the emphasis on decentralized finance (DeFi) highlight the institutional rising interest in scalable infrastructure and ecosystem-driven expansion. Historically, assets supported by institutional attention have seen noteworthy acceptance and investment rise. Retail investors should not, however, treat the list as a directive to fund any one initiative. Grayscale’s selections should, instead, be a basis for additional investigation. Investors are urged to look at the larger ecosystems these projects run in since they may offer more chances for development. For instance, Virtuals Protocol’s flawless cooperation with the DeFi industry could help it to profit from the general growth in decentralized finance. Strategic Portfolio Building and Institutional Insights Navigating Grayscale’s choices calls for a disciplined approach to portfolio construction. A well-rounded plan calls for giving established layer-1 platforms top priority and providing smaller amounts to newly proposed projects with great promise. This approach guarantees a combination of chances for stability and development. Furthermore, highly watched by retail investors should be institutional behavior. Institutions pledging particular projects or sectors usually indicate a larger change in the market. Such signs can give important new perspectives on long-term market momentum. The top 20 altcoins for 2025 from Grayscale provide a roadmap for where the smart money might be headed. It emphasizes industries ready for notable expansion, like scalability, DeFi, and layer-2 solutions. Retail investors should approach these revelations with a critical eye, prioritizing quality over quantity.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe . Before “AI” came to be synonymous with “agents,” there were far humbler AI projects with functional use cases. Grass was one such DePIN project on Solana. The Grass elevator pitch: Big Tech bad because it scrapes your data on the internet for their profit, Grass good because you can now use it to activate your idle internet bandwidth to sell that access. Rather than buying it from Big Tech, AI companies (or businesses that find it useful to track media sentiment) that want your textual data can now purchase it from you via Grass as an intermediary. Newsletter Subscribe to Blockworks Daily Subscribe Grass blew up mid-2024, growing to more than 2 million+ active nodes in less than a year. These nodes scrape about 90TB of data daily (about 445x less than Google), which is then sold to AI companies. The GRASS token airdropped in October, with multiple major CEX listings and a 380% appreciation since. That’s impressive considering most tokens see a down-only trend on TGE. It’s even more particularly impressive since GRASS farmers don’t suffer an opportunity cost, i.e., staking capital. The more costless it is to farm something, the higher tendency for a token to dump aggressively, but that hasn’t been the case for Grass. Based on @Daveeemor , Grass generates about $33 million in annualized revenues, which it plans to eventually share with its node operators and GRASS stakers. At a $702 million market cap today, that gives GRASS a 21.3x MC/F multiple. If one believes Grass can continue to scale as it did in 2024, that suggests a very attractive token valuation relative to other fee-generating DePIN protocols, like Helium or Akash, which trade at a much higher 265-334x MC/F multiple. In Q1 2025, Grass plans to introduce the ability to better capture real-time data with its “Live Context Retrieval” technology, enabling more performant and specific AI models that depend on time-sensitive information such as market trading. For more on Grass, see our previous Blockworks research report by Boccaccio. Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter . Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter . Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more. The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus. Tags 0xResearch Newsletter Artificial Intelligence DePIN internet
market shows GRASS has broken through $3.35 and is currently priced at $3.34, with a 24-hour increase of 27.2%. The market is volatile, please manage your risks.
The market shows that GRASS has broken through $3.35, currently quoted at $3.357, with a 24-hour increase of 26.5%. The market fluctuates significantly, please manage your risk well.
According to cryptocurrency onchain data, major crypto whales have begun accumulating large amounts of several altcoins following the recent developments. Three Different Whales Bought Lots of Five Different Altcoins Data revealed that whales have started accumulating Lido Finance (LDO), Binance Coin (BNB), POPCAT, Raydium (RAY), and Grass (GRASS). The cryptocurrency whale with the short address 0x345f revealed that he withdrew 5,550 BNB worth $3.89 million and 1.22 million LDO worth $2.21 million via Binance, according to the data. The cryptocurrency whale with the short address 7Vu4ar purchased 3.3 million POPCATs for a total value of $2.53 million via Bybit. The last crypto whale, the A3jiR5 short whale, withdrew 1.1 million GRASS tokens worth $2.74 million from Bybit and 740 thousand RAY tokens worth $3.63 million from Binance. The cryptocurrency market cap remains strong at $3.27 trillion, but Bitcoin remains strong above $90,000, despite losing 5% in the last seven days. *This is not investment advice.
Although the course of events in the cryptocurrency market has not been encouraging in recent days, analysts continue to have bullish expectations for 2025. At this point, the world's largest crypto asset management firm, Grayscale, updated its list of the top 20 altcoins to follow in the first quarter of 2025. Accordingly, Grayscale shared the updated Grayscale Research Top 20 altcoin list in a report dated December 30. This list includes cryptocurrencies that Grayscale believes have strong potential for the upcoming quarter. Grayscale stated that six altcoins, namely Hyperliquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and Grass (GRASS), were added to the list. The altcoins removed from the list are: NEAR, STX, MKR, CELO, UMA and TON. Grayscale's Top 20 List included: “Bitcoin (BTC) Ethereum (ETH) Solana (SOL) Chainlink (LINK) Sui (SUI) Uniswap (UNI) Hyperliquid (HYPE) Aave (AAVE) Bittensor (TAO) Ethena (ENA) Optimism (OP) Virtuals Protocol (VIRTUAL) Lido DAO (LDO) Helium (HNT) Arweave (AR) Jupiter (JUP) Aerodrome (AERO) Akash Network (AKT) Jito (JTO) Grass (GRASS)” *This is not investment advice.
GRASS price is down roughly 15% in the last 24 hours after reaching a new all-time high just two days ago, signaling a sharp shift in momentum. Despite this correction, GRASS remains among the top 20 biggest coins on Solana, with a market cap just above $700 million. Technical indicators, including the RSI and Ichimoku Cloud, show growing bearish signals as selling pressure intensifies and key support levels come into focus. However, if GRASS can stabilize and regain bullish momentum, it has the potential to challenge nearby resistance zones and reattempt its upward trajectory. GRASS RSI Changed Quickly in Just 2 Days GRASS RSI has dropped significantly to 36.6, down from nearly 70 just two days ago when the asset reached a new all-time high. This sharp decline reflects a notable shift in momentum, indicating that buying pressure has weakened considerably since its recent peak. An RSI value of 36.6 places GRASS closer to oversold territory, suggesting that selling activity has been dominant. While this does not necessarily mean an immediate reversal, it highlights growing bearish sentiment and the potential for further price corrections in the short term, as investors move their pockets into other DePIN coins. GRASS RSI. Source: TradingView The Relative Strength Index (RSI) is a technical indicator used to measure the speed and magnitude of price movements, indicating whether an asset is overbought or oversold. RSI values range from 0 to 100, with readings above 70 signaling overbought conditions and increasing chances of a pullback, while values below 30 suggest oversold conditions, often preceding a recovery. With GRASS’s RSI now at 36.6, the asset is nearing oversold levels, which could mean that selling pressure may soon ease. If buyers re-enter the market, GRASS could stabilize or experience a short-term bounce; however, failure to regain momentum could lead to continued downward movement, testing key support levels. GRASS Ichimoku Cloud Shows an Important Bearish Signal The Ichimoku Cloud chart for GRASS shows a bearish setup. The price has fallen sharply and is now trading below both the cloud and the key Ichimoku lines. This downward movement reflects growing selling pressure, as the blue line (Tenkan-sen, or conversion line) has crossed below the red line (Kijun-sen, or baseline), confirming a bearish crossover. The cloud itself remains above the price with considerable thickness, indicating strong overhead resistance. For GRASS, this structure signals that the short-term trend has turned bearish, and upward recovery will face significant challenges. GRASS Ichimoku Cloud Chart. Source: TradingView The current Ichimoku setup suggests that GRASS could experience continued downward momentum unless it reclaims key resistance zones. For a bullish reversal, GRASS would need to first break back above the Tenkan-sen and Kijun-sen lines, which are acting as resistance, and then push through the lower boundary of the cloud. A failure to do so could see the price test lower support levels, as bears continue to control the trend. With the cloud’s thickness representing accumulated selling pressure, any meaningful recovery will require strong buying interest to overcome these resistance zones. GRASS Price Prediction: Is The Correction Over? The EMA lines for GRASS reveal a critical scenario. The short-term EMAs are sharply declining and are at risk of crossing below the long-term EMAs. Such a crossover, often referred to as a death cross, is a strong bearish signal that could accelerate the ongoing correction. This development would place significant importance on the $2.77 support level, which is acting as a key line of defense for the price. If this support fails, GRASS price could experience further downward pressure, with the next major support zone located at $2.41, potentially extending the bearish trend. Although GRASS has a market cap around $700 million, it currently ranks on 13th among DePIN coins, below players like The Graph, Airweave, and IOTA. GRASS Price Analysis. Source: TradingView On the other hand, GRASS price still has a chance to reverse this downward trajectory if it can regain bullish momentum and break through the $3.08 resistance. A successful breach of this level could restore buyer confidence, allowing the price to climb toward $3.52. Should GRASS manage to overcome this resistance as well, the next target lies at $3.84, marking a potential continuation of the previous uptrend. This scenario would require strong buying pressure to negate the current bearish signals and re-establish upward momentum.
Movement (MOVE) has captured significant attention in the cryptocurrency space, witnessing a remarkable surge above $1 following its launch and airdrop. The initial trading volume for MOVE exceeded a staggering $6.34 billion, indicating strong market interest and participation. According to COINOTAG data, MOVE’s market capitalization currently sits at $2.27 billion, highlighting its rapid ascent in the crypto market. Movement (MOVE) has surged past $1 following its launch, registering a trading volume of $6.34 billion, indicating robust market interest and potential for growth. Movement (MOVE) Token Performance Following Launch The Movement token, which debuted at approximately $0.71, has shown extraordinary growth, surpassing the $1 threshold within a day of its launch. This dramatic uptick is attributed to an extensive airdropped reward system, which incentivized early users and drove substantial trading activity. Data from Santiment reveals that the trading volume skyrocketed to an impressive $6.34 billion, signifying a tenfold increase post-launch. Such a surge in volume often correlates with a strong upward trend in price, suggesting that MOVE could continue to see momentum if trading activity remains robust. Price and volume trends indicate that continued growth could push MOVE toward the $2 mark, though potential large sell-offs by airdrop participants may pose risks for a correction. This performance mirrors previous successful tokens like Hyperliquid (HYPE) and Grass (GRASS), which also experienced significant surges following their launches. As noted previously, the market cap of MOVE has grown from $1.60 billion to $2.27 billion, showcasing robust investor confidence and interest. With only 2.25 billion MOVE tokens currently in circulation out of a total supply of 10 billion, there remains substantial room for further growth as more tokens are unlocked and made available to the market. Navigating the Future of MOVE Price Dynamics The MOVE token is currently hovering around the $1 mark, although it has previously reached a high of $1.56 during intraday trading. Currently, it is in a phase of price discovery, a crucial process where market participants establish a fair value through trading activity. Given the volatility often associated with new cryptocurrency launches, determining the token’s value will depend heavily on buyer-seller interactions as it continues to flush out price volatility. If trading volume sustains, there is potential for further upward movement. As the trading landscape evolves, focused strategies will be critical. Should airdrop recipients initiate significant sell-offs, this may result in price corrections, negating short-term gains. Thus, continued monitoring and analysis will be key for stakeholders invested in MOVE’s trajectory. Conclusion In conclusion, Movement (MOVE) has emerged as a pivotal player in the cryptocurrency market following its launch, marked by significant trading volume and a rapid increase in market capitalization. While the prospects for reaching higher price levels appear optimistic, the risks associated with sell-offs from airdrop recipients should be carefully considered. As MOVE navigates this initial growth phase, ongoing market engagement will be crucial for its sustained success. In Case You Missed It: Donald Trump Nominates Paul Atkins as Potential SEC Chair to Support Pro-Crypto Policies
On December 9th, Grass platform has shown strong growth due to the surge in demand since its launch. According to data from November 15th, Grass has collected more than 2.70 billion data rows, collected a total of 88.10 billion tokens, and covered 109 million IP addresses in 195 countries, demonstrating its global Data Acquisition capabilities. Meanwhile, Grass announced on December 6th that it has collaborated with Ontocord and LAION to release a dataset called VALID (Video-Audio Large Interleaved Dataset). The VALID dataset consists of 30 million audio clips, images, and text interlaced, making it the world's first video-audio interlaced dataset. This dataset is built from Grass's video repository, further enhancing Grass's influence in the field of AI data. In addition, on November 25th, Andrew Kang, a partner at Mechanism Capital, posted on social media that the latest developments in artificial intelligence have made data one of the most valuable commodities in the world. Grass provides a unique data pipeline for AI companies through an encrypted incentive model. Andrew Kang believes that at the current growth rate, Grass is expected to achieve nine-digit revenue next year, even exceeding one billion US dollars. He also emphasized that among the many projects combining encryption and artificial intelligence, Grass is one of the few top legitimate basic projects in this cycle.
Phantom Wallet, a leading non-custodial, multichain crypto wallet with over 7 million active users monthly, has integrated with the Sui network. The Sui Foundation confirmed this development on December 5, marking a significant milestone for both platforms. Sui Becomes the Fourth Blockchain on Phantom Wallet Phantom’s integration with Sui introduces the first blockchain outside of Solana, Bitcoin, and Ethereum to its ecosystem. This move also makes Sui the first blockchain leveraging the Move programming language to join Phantom. Phantom Wallet currently has the largest on-chain user base. The web3 wallet processed nearly 560 million on-chain transactions this year alone. “The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem, which now gets access to a first-class wallet experience with several features that the Sui community has been asking for,” said Sui Foundations’s Global Head of Ecosystem, Jameel Khalfan. This announcement comes after a challenging year for Phantom. In October, technical glitches with Phantom Wallet disrupted access to Grass Network’s highly anticipated GRASS airdrop. Many users were unable to claim their tokens. Earlier in July, users reported a bug displaying incorrect wallet balances, sparking widespread concern on social media. Phantom quickly resolved the issue, assuring users that their funds remained secure. Sui Blockchain Reaches Record TVL The Sui network has witnessed significant growth following this integration. Its native token recently hit an all-time high of $4.40. This reflects a 20% increase in a week and a 110% rise over the past month. Also, Sui’s total value locked (TVL) has reached a record $1.72 billion, making it the eighth-largest blockchain. Sui has now surpassed more prominent networks like Avalanche and Polygon. Sui Network’s TVL Throughout 2024. Source: DeFiLlama Meanwhile, according to CoinMarketCap data, Sui’s daily trading volume has surged by over 100%. Sui has seen several significant developments in the last few months. Recently, the Sui network collaborated with Babylon Labs and Lombard Protocol and introduced BTC staking on its DeFi ecosystem through liquid staking tokens (LBTC). Additionally, a partnership with investment firm Franklin Templeton includes financial backing and support for Sui’s blockchain initiatives. The token’s resilience was also tested recently after a scheduling bug caused Sui to halt block production for two hours. Yet, prices reacted positively following the team’s prompt response. This resilience has played a key role in the network’s recent price rally and growing adoption.
Airdrop farmers remain nostalgic following the successful launch of Hyperliquid, which allocated 31% of its HYPE tokens to the community on day one. Its powering token, HYPE, surged 125% post-launch, with a $1.5 billion market cap, and does not show signs of stopping. With its valuation up over 514% since launch and a current market cap exceeding $4.2 billion, Hyperliquid has sparked speculation about which projects might replicate its success. Considering tokenomics and community engagement strategies, here’s a look at potential contenders poised to follow Hyperliquid’s trajectory. Grass Grass gained attention with its first airdrop on Solana, distributing 10% of its total token supply during its initial phase. Participants earned tokens by contributing computing power and engaging with the network. For its second phase, Grass plans to allocate 17% of tokens to the community. It encourages active user participation in building a decentralized map of the internet. With over 2 million active users globally, Grass continues to position itself as a leader in decentralized infrastructure projects. LayerZero LayerZero is an omnichain protocol that lets blockchains communicate directly with lightweight, trustless message passing. Popular among the top-performing blockchain bridges, LayerZero’s initial allocation of 15% of its ZRO token supply was designated for future incentivized activities. On July 19, Bryan Pellegrino, CEO of the LayerZero Foundation, disclosed that LayerZero users and developers will receive 23.8% of the token supply. According to an official announcement, unclaimed tokens as of September 20 were reallocated. Analysts recommend engaging with LayerZero’s bridge services regularly and participating in its Discord roles program, which reserves an additional 5 million tokens for the community. Participants can improve their eligibility for the LayerZero airdrop by using its powered bridges, DEXes, and lending protocols while staying updated through the protocol’s social media. Wormhole Wormhole, a multi-chain interoperability protocol, offered an early airdrop strategy that proved lucrative for active users. Although the project reserves only 6% of its W token supply for community rewards, its focus on rewarding high-value transactions suggests it has room to grow with increased adoption. According to the Wormhole tokenomics document, the project unlocked 11%, or 1,100,000,000 W, at TGE and the remaining 6% four months after TGE, which is in line with the project’s token release schedule. The project unlocked the extra 6% reserved for the community and is pending distribution at any time. They have not announced anything, but bridging via Wormhole remains a positive play. “None of the Guardian’s allocated token supply will be unlocked at the TGE and those W are subject to the Token Release Schedule,” Wormhole added. Gradient Network The Gradient Network is built on Solana and aims to scale up cloud computing. To do so, it introduces edge computing through a decentralized network of devices to process data. Users can now download the Gradient browser extension and earn rewards by setting up a node. Yuan Gao, who previously served as Head of Growth at Helium Foundation, leads the project. Gradient Network has received support from Multicoin Capital, Pantera Capital, and Sequoia Capital. Still in its nascent stage (Season 0), Gradient Network presents itself as a Solana-adjacent project, targeting users who missed out on Grass. Though no specific token allocation has been announced, Gradient’s early-stage activities position it as a speculative opportunity for proactive participants. Arkham Arkham recently shifted from blockchain services to building a perpetual exchange. Its airdrop strategy mimics Hyperliquid’s, rewarding users who trade and refer new participants. With a promising start, its second phase is expected to mirror the impact of its initial distribution, where only 7% airdrop out of the 37% that is meant for the community happened. Kinto Billing itself as the first “Security Layer-2,” Kinto has caught the attention of Binance Research. Its TGE is tied to achieving $100 million in total value locked (TVL). While its timeline is later than others, its structured approach to deposit-based rewards makes it a noteworthy candidate. These projects vary in token distribution and community engagement strategies. Nevertheless, their efforts to decentralize ownership and incentivize active participation align with Hyperliquid’s success model. Users looking to capitalize on these opportunities will need to monitor their updates, tokenomics, and engagement requirements closely.
The cryptocurrency market has fluctuated significantly in recent days, with AI-related altcoins like BitTensor (TAO) experiencing notable price drops. Despite this, some traders and analysts believe an AI altcoin bull run may be coming. BitTensor (TAO) Price Decline and Key Levels BitTensor (TAO) is currently experiencing a downtrend, with its price falling from a high of $642 to its current value of $583.90, reflecting a 9.07% drop over the past day. Trading volume remains high, at $358.72 million, suggesting continued activity despite the decline. Source: Coinmarketcap Key support levels to watch are $580, a psychological threshold, and $550, which aligns with previous lows. If the price falls below these levels, further downside could be expected. On the other hand, a move above $600 would signal a potential reversal, with the next resistance around $640. NEAR Protocol (NEAR) Rebound Potential NEAR Protocol (NEAR) has also seen a decrease, falling 5.24% to a current price of $6.52. This decline follows a recent high of $6.90-$7.00, with a notable volume spike of $711.71 million. Read also: 5Altcoins Buck the Trend With Price Swings Source: Coinmarketcap Immediate support for NEAR is at $6.50, with secondary support at $6.30. A fall below $6.50 could push prices toward the $6.00 level. Alternatively, breaking above $6.70 could pave the way for a bullish reversal, targeting $7.00 or higher. Grass (GRASS) Struggling to Maintain Momentum Grass (GRASS) is currently priced at $3.01, experiencing a 9.11% drop over the last 24 hours. The asset has steadily declined from a high of $3.32, reflecting a bearish sentiment. Source: Coinmarketcap Volume has decreased by 5.67%, indicating reduced trading activity. Key support lies at $3.00, with additional support at $2.90 and $2.80 if the price continues its descent. On the upside, resistance at $3.15 is crucial, with a potential recovery toward $3.30 or $3.50 if this level is surpassed. Spectral (SPEC) Bearish Pressure Mounts Spectral (SPEC) has seen a 5.94% decline in the past 24 hours, with the price currently sitting at $13.64. This drop follows a high of $15.00 earlier in the day. Trading volume is $49.04 million, signaling active trading but insufficient buying pressure. Source: Coinmarketcap Immediate support is at $13.00, with a possible decline to $12.50 if this level fails. A breakout above $14.50 would suggest a bullish recovery, with $15.00 serving as the next resistance level. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
BitTensor (TAO) could face further downside if it breaks below $580 support. NEAR Protocol (NEAR) may recover above $6.70, targeting $7.00 resistance. Grass (GRASS) could reverse if it breaches $3.15, aiming for the $3.30-$3.50 range. The cryptocurrency market has fluctuated significantly in recent days, with AI-related altcoins like BitTensor (TAO) experiencing notable price drops. Despite this, some traders and analysts believe an AI altcoin bull run may be coming. BitTensor (TAO) Price Decline and Key Levels BitTensor (TAO) is currently experiencing a downtrend, with its price falling from a high of $642 to its current value of $583.90 , reflecting a 9.07% drop over the past day. Trading volume remains high, at $358.72 million, suggesting continued activity despite the decline. Source: Coinmarketcap Key support levels to watch are $580, a psychological threshold, and $550, which aligns with previous lows. If the price falls below these levels, further downside could be expected. On the other hand, a move above $600 would signal a potential reversal, with the next resistance around $640. NEAR Protocol (NEAR) Rebound Potential NEAR Protocol (NEAR) has also seen a decrease, falling 5.24% to a current price of $6.52 . This decline follows a recent high of $6.90-$7.00, with a notable volume spike of $711.71 million. Read also: 5Altcoins Buck the Trend With Price Swings Source: Coinmarketcap Immediate support for NEAR is at $6.50, with secondary support at $6.30. A fall below $6.50 could push prices toward the $6.00 level. Alternatively, breaking above $6.70 could pave the way for a bullish reversal, targeting $7.00 or higher. Grass (GRASS) Struggling to Maintain Momentum Grass (GRASS) is currently priced at $3.01 , experiencing a 9.11% drop over the last 24 hours. The asset has steadily declined from a high of $3.32, reflecting a bearish sentiment. Source: Coinmarketcap Volume has decreased by 5.67%, indicating reduced trading activity. Key support lies at $3.00, with additional support at $2.90 and $2.80 if the price continues its descent. On the upside, resistance at $3.15 is crucial, with a potential recovery toward $3.30 or $3.50 if this level is surpassed. Spectral (SPEC) Bearish Pressure Mounts Spectral (SPEC) has seen a 5.94% decline in the past 24 hours, with the price currently sitting at $13.64 . This drop follows a high of $15.00 earlier in the day. Trading volume is $49.04 million, signaling active trading but insufficient buying pressure. Source: Coinmarketcap Immediate support is at $13.00, with a possible decline to $12.50 if this level fails. A breakout above $14.50 would suggest a bullish recovery, with $15.00 serving as the next resistance level. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
AI-focused cryptocurrencies are on the verge of a major breakout, with forecasts suggesting a staggering $1.8 trillion valuation by 2025 due to the synergy between blockchain and artificial intelligence. Analyst Miles Deutscher has spotlighted leading projects like Bittensor, Near Protocol, and Spectral, which are positioning themselves as infrastructure leaders in this rapidly evolving sector. Notable applications of AI agents executing on-chain transactions and managing portfolios are driving real-world adoption and interest in AI-integrated crypto solutions. Discover how AI-driven cryptocurrencies could revolutionize the market with a potential $1.8 trillion valuation by 2025, driven by blockchain synergy and innovation. The Future Potential of AI-Driven Cryptocurrencies According to Miles Deutscher, the AI sector presents an immense opportunity within the cryptocurrency landscape, with projections indicating the global market’s total addressable market (TAM) could reach $12 trillion over the next six to seven years. If decentralized AI captures just a modest 5% of this estimate, the crypto valuation could potentially soar to $600 billion, representing a 15-fold increase from current levels. Adding an ambitious speculative premium, Deutscher posits that the industry could see a valuation of $1.8 trillion, reflecting a substantial 45-fold growth. Despite AI’s prominence in public discourse, the projects focused on AI within the cryptocurrency market remain underrepresented, currently ranking 34th by market capitalization. However, with climbing interest and applications, Deutscher forecasts that AI-related cryptocurrencies could ascend into the top ten sectors within the next year. Driving Forces Behind AI Integration in Crypto Deutscher highlights four critical factors fueling the adoption of AI in the crypto sector. First, rising mainstream awareness of AI technology and its social implications is contributing to a broader public interest. Second, a consistent stream of innovative AI products keeps the spotlight on the sector, aligning with the attention-driven economic model prevalent in the crypto space. Furthermore, low entry barriers in cryptocurrency markets allow retail investors easier access to participate in this growth compared to traditional equities, which often come with higher financial thresholds. Lastly, the increasing integration of autonomous AI agents capable of executing transactions and managing portfolios showcases the practical applications of AI within blockchain technologies, thus reinforcing the appeal of AI-focused crypto projects. The intersection of AI and blockchain is set to redefine both sectors, opening up new avenues for innovation and investment, from autonomous trading agents to decentralized data processing systems. AI Crypto Coins Performance. Source: CoinGecko Miles Deutscher’s Leading AI Crypto Picks for 2025 In his analysis, Deutscher unveils his top picks for AI-focused cryptocurrencies, highlighting essential infrastructure projects and “pick-and-shovel” plays that facilitate various AI sectors: Bittensor (TAO): A pioneer in decentralized AI research, Bittensor is gaining traction within academic circles and recently achieved compatibility with the Ethereum Virtual Machine (EVM), enhancing its growth potential. Near Protocol (NEAR): A well-established layer-1 blockchain, NEAR stands out for integrating AI capabilities while maintaining a remarkable track record of 100% uptime since its inception. Grass (GRASS): This platform bridges real-world data with AI-enhanced crypto applications and has garnered robust community support following a successful token airdrop. Spectral (SPEC): Focused on AI agent infrastructure, Spectral empowers personality-driven autonomous agents to trade and operate on-chain effectively. Deutscher’s approach emphasizes a strategic focus on “pick-and-shovel” projects that provide the necessary groundwork for AI-based solutions. This includes protocols dedicated to AI computation infrastructure, decentralized large language models (LLMs), and AI-oriented blockchains. He is confident that these foundational technologies will be pivotal in ushering in a new wave of innovation across the AI-crypto nexus. “The key areas include AI Agents and infrastructure, computation, decentralized LLMs, and specialized blockchains for the deployment of AI decentralized applications. I am investing actively in all these sectors, particularly emphasizing agent and AI infrastructure,” Deutscher noted. While his predictions are optimistic, Deutscher recognizes the variable risk profiles associated with these investments. He advises investors to conduct thorough due diligence, especially when considering smaller-cap tokens that may offer high upside potential but also carry increased volatility. Balancing portfolios between large-cap and emerging smaller-cap opportunities is crucial for managing risk effectively. Conclusion In summary, the intersection of artificial intelligence and blockchain presents unprecedented opportunities within the cryptocurrency market. With AI-focused projects like Bittensor, Near Protocol, and Spectral leading the charge, the sector is poised for significant growth. Investors are encouraged to remain vigilant and informed, focusing on foundational support technologies that will likely drive the next phase of innovation and adoption in both AI and the wider cryptocurrency ecosystem. In Case You Missed It: Vancouver Mayor Proposes Bitcoin Reserve to Enhance Financial Resilience Amid Growing Government Interest
According to analyst Miles Deutscher, artificial intelligence (AI) is steadily emerging as one of the most transformative narratives in the crypto space. In a recent thread on X (formerly Twitter), Deutscher laid out his bullish thesis on AI-integrated crypto projects. He highlighted their massive growth potential as the sector gains traction within decentralized ecosystems and broader financial markets. Why AI-Driven Crypto is Poised for Growth Deutscher outlined the immense opportunity within the AI sector, citing forecasts that place the global AI market’s total addressable market (TAM) at $12 trillion over the next six to seven years. If decentralized AI captures just 5% of this market, the valuation could reach $600 billion—a 15x growth from current levels. Adding speculative premiums, the analyst estimated the sector’s potential at $1.8 trillion, representing a 45x opportunity. Despite the attention AI has garnered, Deutscher noted that AI-focused crypto projects remain underrepresented, ranking 34th by market cap among crypto sectors. With growing interest, he predicts AI could move into the top 10 crypto sectors within the next year. Deutscher’s thesis revolves around four key factors driving AI crypto adoption. First, mainstream AI awareness coming as public intrigue around AI’s societal impact fuels mass interest. Second, innovation momentum from regularly released AI products sustains the sector’s visibility. This aligns with crypto’s attention-driven economy. Third, low entry barriers as crypto offers an accessible and cost-effective way for retail investors to participate in AI’s growth compared to traditional equities. Lastly, the synergy between AI and crypto is presented by the rise of autonomous artificial intelligence agents capable of executing on-chain transactions and portfolio management. This, according to Deutscher, highlights the practical integration of AI into blockchain technologies. As AI continues to captivate global attention, its integration with blockchain technology is poised to reshape both industries. AI-driven crypto projects offer new opportunities for innovation and investment. This is from autonomous trading agents to decentralized data processing. AI Crypto Coins Performance. Source: CoinGecko Deutscher’s Top AI Crypto Picks for 2025 Deutscher revealed his top AI-focused cryptocurrencies, emphasizing infrastructure and pick-and-shovel plays across various AI verticals: Bittensor (TAO): A leader in decentralized AI research, TAO has seen adoption in scientific circles. Recent Ethereum Virtual Machine (EVM) compatibility positions it for further expansion. Near Protocol (NEAR): An established layer-1 blockchain integrating AI capabilities, NEAR combines reliability with innovation, maintaining 100% uptime since launch. Grass (GRASS): GRASS connects real-world data with AI-driven crypto applications, boasting strong community support following a successful airdrop. Spectral (SPEC): SPEC focuses on AI agent infrastructure, enabling autonomous, personality-driven agents to trade and engage on-chain. Deutscher emphasized that many of his picks are “pick-and-shovel” plays—protocols enabling the development and deployment of AI-based tools. These include computation infrastructure, decentralized LLMs, and AI-focused blockchains. He argued that these foundational layers will underpin the next wave of innovation and adoption in AI and crypto. “Primarily, we have AI Agents and agent infra, computation, and DePIN, decentralized LLMs, and AI blockchains/infra for AI dApps. I am investing in all of these verticals, with a particular focus on agent/AI infrastructure,” Deutscher added. While Deutscher is optimistic, he acknowledged the varying risk profiles of the projects he highlighted. He stressed the importance of due diligence, especially for smaller-cap tokens with higher upside potential but increased volatility. For investors, balancing exposure between large-cap and smaller-cap projects is essential.
$GRASS has risen more than 60% recently, and today's market correction provides an opportunity to enter. I increased my position because this is one of the few instances where Crypto x AI projects have found a product-market fit (PMF) Core technology highlights and unique selling points (USPs) Neutral web crawling function Provide user-owned, transparent alternatives to unethical behavior such as Google and Microsoft's SEO biases, ad-driven profit models, and unrewarded bandwidth abuse Real-time data vs static outdated data Provide real-time optimization data, smarter than AI models relying on static outdated datasets Models trained with real-time data become "online", significantly increasing value Improve the ability of self-correction model Grass LCR (Live Context Retrieval) function uses real-time data to enhance the training and inference capabilities of large language models (LLMs), promoting the development of self-correction models. Technological breakthrough: Reference paper arXiv: 2409.12917 Modularization solutions empower AI labs Provide high-quality real-time data to support third-party developers and AI labs, avoiding conflicts of interest and privacy issues. The positioning of Grass is similar to Celestia in the AI field. Decentralization achieves scalability Grass's decentralized architecture enables the increase of network nodes to achieve more efficient, inexpensive, and scalable systems While managing hundreds of millions of nodes is challenging, Crypto Economy Incentive Mechanism makes it more feasible and attractive Project vision Grass has significant potential in promoting the decentralized AI data economy, not only solving the limitations of traditional Internet Tech Giants, but also bringing new breakthroughs to the AI field. Original link: https://x.com/resdegen/status/1861425980419588313
Purchase situation: Entry price: 2.15 dollars - 2.2 dollars. Current operation: Choose to buy spot (should have used leverage to go long, but did not execute). $GRASS investment reasons: Unlock Time: No major unlock within one year. Project attributes: new token, high market attention. Degree of drawdown: 50% has been pulled back from the high point, and early profiteers have basically left. Narrative support: Belongs to the popular track of AI and DePIN (decentralized Internet of Things). Future Outlook: It is possible to replicate the market performance of $TIA. It is expected to reach double-digit prices in the coming weeks. See the original text : https://x.com/Moomsxxx/status/1861005134706225487
ChainCatcher news, Andrew Kang, a partner at Mechanism Capital, posted on social media saying, "The recent development of artificial intelligence has made data one of the most valuable commodities in the world. Grass has created a data pipeline that most AI companies cannot touch through an encrypted incentive mechanism. At their current growth rate, they seem to be poised to achieve nine-figure high-level income next year and even break through several billion dollars. We have studied many projects combining encryption and AI but unfortunately, most projects do not have investment value. Grass is one of the top-tier legitimate projects with fundamental support that emerged in this cycle."
Delivery scenarios