Latest Gnosis (GNO) Price Analysis

By CMC AI
23 August 2025 11:42AM (UTC+0)

Why is GNO’s price up today? (23/08/2025)

TLDR

Gnosis (GNO) rose 8% over the last 24h, outpacing the broader crypto market’s 4.75% gain. This aligns with a bullish 60-day trend (+27.8%) but contrasts with a muted 7-day performance (+1.5%). Key drivers:

  1. Governance Momentum – Recent DAO proposals signal strategic growth.

  2. Product Adoption – Gnosis Pay’s cashback incentives boost GNO utility.

  3. Technical Breakout – Price holds above key moving averages.


Deep Dive

1. Governance Activity (Bullish Impact)

Overview:
GnosisDAO’s GIP-130 proposal (18 August 2025) introduced changes to its treasury and governance structure, aiming to streamline decision-making. This follows GIP-128 (approved 28 July 2025), which secured $30M/year funding for Gnosis Ltd, reinforcing long-term development.

What this means:
Active governance often signals confidence in a project’s roadmap. The funding commitment reduces operational uncertainty, while GIP-130’s focus on treasury efficiency could attract institutional interest.

What to look out for:
Voter turnout for GIP-130 and subsequent execution timelines.


2. Gnosis Pay Adoption (Bullish Impact)

Overview:
Gnosis Pay, a self-custodial Visa debit card offering 5% cashback in GNO, was highlighted as a top Ethereum debit card in 2025 (CCN).

What this means:
The card’s real-world utility drives demand for GNO as users accumulate rewards, creating a buy-pressure loop. Its integration with ENS names/NFTs also aligns with Web3 identity trends.

What to look out for:
User growth metrics for Gnosis Pay and Visa partnership updates.


3. Technical Strength (Mixed Impact)

Overview:
GNO trades at $139.70, above its 7-day SMA ($134.36) and 30-day SMA ($133.43). The RSI-14 (56.86) suggests neutral momentum, but the MACD histogram (-0.13) hints at short-term bearish pressure.

What this means:
The price is testing the 38.2% Fibonacci retracement level ($139.24). A sustained break above this could target $144 (23.6% level), while failure might see a pullback to $134 (50% level).

What to look out for:
Volume trends – current 24h turnover (2.35%) indicates moderate liquidity.


Conclusion

Gnosis’ 24h surge reflects a mix of governance momentum, product-led demand for GNO, and technical resilience. While bullish catalysts dominate, the MACD divergence and low altcoin season index (51/100) suggest caution.

Key watch: Can GNO hold above $139.24 Fibonacci support, and will GnosisDAO’s governance updates translate into measurable protocol growth?

Why is GNO’s price down today? (22/08/2025)

TLDR
Gnosis (GNO) fell 0.7% in the past 24h, slightly underperforming the broader crypto market (-1.03%). Key drivers include technical resistance, residual concerns from June’s CoinDCX delisting, and muted momentum in Ethereum’s DeFi ecosystem.

  1. Technical resistance – Price struggles below key moving averages with bearish MACD signal
  2. Delisting aftermath – Lingering liquidity concerns after June’s CoinDCX removal
  3. DeFi headwinds – Layer 2 fee struggles dampen sentiment for Ethereum ecosystem projects

Deep Dive

1. Technical Resistance (Bearish Impact)

Overview:
GNO faces resistance at its 7-day SMA ($133.65), trading at $129.61. The MACD histogram (-0.837) confirms bearish momentum, while the RSI (46.6) suggests neutral-to-oversold conditions.

What this means:
Traders often interpret sustained trading below key SMAs as a bearish signal, potentially triggering stop-loss orders. The lack of bullish crossover in MACD reinforces hesitation among buyers.

What to watch:
A close above the 30-day SMA ($133.48) could signal reversal potential.

2. Delisting Aftermath (Neutral-Bearish Impact)

Overview:
CoinDCX delisted GNO on June 26, 2025, citing low liquidity – a decision still impacting retail access in India’s third-largest crypto market (CoinDCX).

What this means:
While not directly causal for the 24h dip, reduced exchange visibility can compound selling pressure during market-wide downturns. GNO’s 24h volume fell 12.86% to $8M, indicating thinner liquidity.

3. Ethereum DeFi Challenges (Mixed Impact)

Overview:
Recent data shows 90% of Ethereum DeFi fees still accrue to Layer 1 (The Defiant), raising questions about Layer 2 adoption – a key focus area for Gnosis Chain.

What this means:
As an Ethereum-adjacent project, GNO faces indirect pressure from DeFi’s slow L2 monetization. However, Gnosis Pay’s inclusion in top ETH debit cards (CCN) shows real-world traction that could offset this long-term.

Conclusion

GNO’s mild decline reflects technical resistance and sector-wide headwinds rather than project-specific risks. The price remains 27% above its 60-day low, suggesting broader market dynamics dominate short-term moves.

Key watch: Can Gnosis Chain’s 300K validators and 0 downtime (GnosisDAO) translate to improved fee metrics in the next L2 activity report?

CMC AI can make mistakes. Not financial advice.
GNO
GnosisGNO
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$140.27

1.21% (1d)