Deep Dive
1. Technical Momentum (Bullish Impact)
Overview: GRASS broke above its 7-day SMA ($0.85) and 30-day SMA ($0.80), with RSI14 at 57.83 (neutral-bullish) and MACD histogram trending upward since early September.
What this means: The price crossed critical moving averages, signaling short-term bullish control. Traders are reacting to the MACD bullish crossover (0.027 vs. 0.020 signal line) and Fibonacci retracement levels holding above $0.89.
What to look out for: A sustained close above the 200-day SMA ($1.31) could target the $1.22 extension level.
2. Adoption Catalysts (Mixed Impact)
Overview: GRASS’s Android app launched on July 8, enabling mobile users to share bandwidth for AI data scraping. The network has processed 1.76M TB/day of web data (May 2025 peak), with 3M+ active nodes.
What this means: Real-world utility growth in decentralized AI infrastructure is attracting investors. However, 29% of tokens remain unlocked, with a major unlock scheduled for October 2025 – a potential overhang.
What to look out for: Node growth rates and Q4 2025 user retention metrics post-unlock.
3. Market Sentiment & Listings (Bullish Impact)
Overview: GRASS gained traction after July listings on Tokocrypto (Indonesia) and Gate.io, driving a 61.83% 24h volume spike. Grayscale added it to its “AI category” watchlist on July 11, hinting at future institutional product inclusion.
What this means: Exchange expansions improve liquidity and retail access, while Grayscale’s interest signals long-term credibility for its DePIN x AI narrative.
Conclusion
GRASS’s rally reflects technical momentum, infrastructure adoption in AI data scraping, and strategic exchange expansions. While the project’s 2M+ user base and Solana-based architecture offer upside, traders should monitor the October 2025 token unlock for supply-side risks.
Key watch: Can GRASS hold above the $0.95 pivot point to challenge its 200-day SMA ($1.31)?