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Grass ($ GRASS), a decentralized Solan -based project that rewards users for sharing unused bandwidth on the Internet, sliding 8% in the last 24 hours in the last 24 hours, just a few days after the blister of 500% of the climb. This raises new doubts about whether the newcomer Solana Depin can maintain his growth.
It seems that the decline is part of the wider market correction, after a sharp but unsustainable price increase during the Asian trading hours at the weekend.
Despite the recent Pullback, $ Grass maintained a 14 -day profit of approximately 13%.
Token, which was launched in October 2024 via AirDrop from Grass Network, showed great prices.
Starting from $ 0.854, $ Grass for the first time immersed at $ 0.78 before the assembly More than 500% to achieve a historic maximum of $ 3.90 Within just ten days.
Since then, the token has consolidated between $ 2.08 and $ 2.40. At the time of printing, $ Grass is traded nearly $ 1.88, placed between 123 cryptocurrencies according to the market ceiling with an award of approximately $ 460 million.
Decentralized AI meets Depin: What makes grass unique?
Grass combines key elements and Decentralized Network of Physical Infrastructure (Depin) with the abilities of artificial intelligence (AI).
By installing the grass browser application, participants contribute to the excessive bandwidth to help train AI models. In exchange they earn rewards, model summarized by Grass’s Tagline: “Get a share in AI.”
Platform saw exponential growth. Between Q4 2024 and early 2025, the user base increased from 200,000 to more than 3 million, which is 15 times an increase.
At that time, users together scraped more than 8 million GB of web data, allowing the network to process more than 100 TB per day for AI development.
Sion upgrade SuperCharges Grass’s Ai-Disputted Data Motor
On February 6, upgrading Sion significantly improved the ability of grass to capture and process multimodal web content, including text, pictures and 4K videos.
Upgrade
– network upgrade that increases significantly @Getgrass_io
The ability to scrape and process multimodal web data (text, pictures and 4K video) on a scale.– Improved scratch algorithms without further calculation, which leads to a fundamental increase in data… pic.twitter.com/ye6zfu5vMb
– r
(@riley_gmi) February 6, 2025
Shortly thereafter, the grass reached a new milestone and scratched over 1 million GB of data in a single day, which was that it exceeds what the human brain could process in four decades.
However, recent metrics show immersion in activity with daily data collection Fall to approximately 759,000 TB at the time of printingdown from the top of 1.76 million TB on 6 May.
These posts come from users in more than 190 countries and show the global track of Grass. The project is now rated as the second largest initiative of Depin on Solana after Heliu.
Grass provided extracts on the main cryptomes, including Bybita, Kraken, Bitget, Kucoin and the last time South Korean Bithumb.
Many merchants believe The current award still looks undervalued, with bull forecasts directed to the market ceiling of $ 1 billion and a potential price goal of over $ 4 by the end of the year.
Technical Analysis: Will Grass Revise its peak $ 3.90?
Daily Grass/USDT chart shows the creation of Elliott textbooks, suggesting that the five wave sequence has probably ended. Asset reached the peak on the wave (5) before facing a sharp rejection, resulting in a daily decline in almost 10%.
The grass now moves just above the confluence of key support levels, 9, 20 and 50 -day exponential moving averages, between $ 1.68 and $ 1.87.
A strong reflection from this zone, especially with increasing volume, could mean the beginning of the renewed trend up.
However, a schedule below 50 EMA near $ 1.68 could indicate a deeper retracement, which could push the price down to the $ 1.40 support area where the past was accumulated.
On the other hand, the initial resistance lies between $ 2.24 and $ 2.34, target 1, where traders can consider profit.
Escape over this region could lead the price towards another resistance zone for $ 2.52-2.62.
The last main obstacle is the December maximum of $ 3.686, which remains a strong psychological and technical barrier.
Contribution Grass Slides 8% after the weekend pump – could it soon return $ 4? He appeared for the first time Cryptonews.
