Deep Dive
1. Token Unlocks & Inflation Risk (Bearish Impact)
Overview
Only 243.9M GRASS (24% of total supply) circulates, with 71% (~710M tokens) locked until October 2025. Past unlocks (e.g., July 2025’s $100M+ releases) triggered volatility, as seen in GRASS’s 55% drop from its $3.90 ATH in May 2025.
What this means
Large unlocks could flood markets if early backers or team members sell, especially if demand doesn’t match new supply. Historical data shows GRASS dipped 15% in June 2025 post-unlock (CryptoNews).
2. AI Data Network Growth (Bullish Impact)
Overview
Grass processes 1.76M TB/day of public web data via 3M+ nodes, feeding AI models. Its revenue-sharing model converts scraped data sales into GRASS buybacks. Adoption surged 15x since 2024, with 190+ countries participating.
What this means
Increased AI developer demand for ethically sourced data could boost GRASS utility. The Sion Upgrade (Feb 2025) enabled multimodal data scraping (text, 4K video), positioning Grass as critical DePIN infrastructure.
3. Solana’s Institutional Momentum (Mixed Impact)
Overview
Grass benefits from Solana’s scaling narrative (65K TPS, low fees) but faces competition like NodePay. DeFi Development’s $100M SOL acquisition (Bitcoinist) hints at ecosystem growth, yet GRASS lags behind Helium in DePIN dominance.
What this means
Solana’s rising institutional interest may attract capital to GRASS, but rivals offering “AI + prediction markets” (e.g., NodePay) could fragment demand.
Conclusion
GRASS’s price hinges on balancing AI data utility against inflationary token unlocks. While its role in decentralized AI training is compelling, the October 2025 unlock remains a Sword of Damocles. Watch Q4 2025 metrics: Can user growth outpace sell pressure from unlocks?