Grass (GRASS) jumps 12.2% today as bullish momentum returns to AI and DePIN tokens, with traders watching network activity.
Author: Arushi Garg
Grass (GRASS), a Solana-based DePIN network where users share unused internet bandwidth to power decentralized web data scraping and structured data collection for AI model training, traded at $0.3399 after rising 12.2% in the past 24 hours, according to CoinGecko. The move appears tied to broader altcoin rotation and increased risk appetite across smaller-cap crypto assets rather than any project-specific announcement.
This article is for informational purposes only and does not constitute financial advice.
Grass rallied alongside a broader altcoin rotation that pushed capital into smaller-cap AI and DePIN-related tokens during the past 24 hours. CoinGecko data showed GRASS climbing from roughly $0.2988 to $0.3391 intraday, while CoinMarketCap attributed part of the move to broader altcoin season momentum rather than any confirmed project catalyst.
No official announcement from the Grass Foundation or the project’s social channels surfaced during the rally. Searches across X, news platforms, and market trackers did not identify any protocol upgrade, partnership, governance proposal, or ecosystem launch tied to the price action. Instead, traders appeared to rotate into high-beta altcoins as broader crypto sentiment improved.
Trading activity also accelerated during the move. CoinMarketCap recorded a 21.7% increase in daily volume, while derivatives positioning expanded across perpetual futures markets. Secondary factors included continued interest in AI-linked crypto assets and technical breakout momentum as GRASS pushed toward recent resistance levels around $0.35.
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CoinGecko reported roughly $11.2 million in 24-hour trading volume for GRASS, while CoinMarketCap showed volume closer to $20.2 million, reflecting elevated activity compared with recent sessions. Open interest across perpetual futures markets stood between , according to CoinGlass and Coinalyze, with some exchanges showing increases of as much as during the rally. Funding rates remained relatively neutral, ranging from on Crypto.com to on other venues, suggesting leveraged positioning stayed balanced rather than excessively bullish. Arkham Intelligence and Lookonchain did not flag any notable whale transfers during the past 24 hours, reinforcing the view that the move was driven primarily by broader market flows instead of large single-wallet activity.
Verified commentary around the GRASS rally remained limited despite the token’s double-digit move. Community discussions across X focused more heavily on Season 2 airdrop eligibility and reward distributions than on short-term price action.
No prominent analyst with more than 50,000 followers publicly attributed the rally to a specific catalyst, and no official statement from the Grass Foundation accompanied the move. Market data instead pointed toward broad speculative activity across AI and DePIN assets as traders rotated into smaller-cap tokens.
A more cautious narrative continued circulating around future token supply pressure. Community discussions referenced ongoing vesting schedules and potential Season 2 reward distributions as factors that previously kept GRASS trading near the $0.32 range after earlier rallies. On-chain tracking platforms including Arkham did not report unusual whale accumulation or exchange inflows during the latest price increase, suggesting sentiment remained momentum-driven rather than fundamentally news-driven.
TradingView chart discussions and community technical analysis identified the $0.35 to $0.36 range as the immediate resistance zone based on recent swing highs recorded during May 2026 trading. Below current prices, traders continued monitoring the $0.325 to $0.335 area as a near-term historical support region following recent consolidation activity. The next major historical level above current resistance remains the token’s all-time high near $3.89, recorded during November 2024 market activity.
The 14-day RSI sits at 68, based on TradingView-derived technical summaries referenced in recent market discussions. That reading signals neutral-to-mildly overbought conditions after the latest 24-hour rally.
This is not financial advice. Always do your own research before making investment decisions.
Grass does not currently have any confirmed protocol upgrades, governance votes, or major ecosystem launches scheduled over the next four to eight weeks. However, traders continue monitoring broader AI and DePIN sector momentum alongside ongoing discussions around Season 2 airdrop distributions and user rewards.
Longer-term token vesting schedules also remain a key market factor. Data from DropsTab and other vesting trackers shows the next major unlock is expected around October 2026, while broader crypto market weakness or low liquidity conditions on some exchanges could amplify volatility if speculative demand slows.
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