Key Points
- GRASS token reached a new ATH today at $3.86, amidst an ascendant price trajectory since launch.
- GRASS recorded an impressive price surge of over 355% since it went live in October.
GRASS token recorded a significant price surge today, reaching a new ATH.
At the moment of writing this article, GRASS is priced at $3.63, up by over 40% in the past 24 hours. The token has a market cap of around $885 million.
Earlier today, the coin reached a new ATH at $3.86.
Since it went live on exchanges in October, the GRASS token had an ascendant trajectory with its price peaking today at a new ATH. The coin is up by over 355% since its listing, seeing a continued surge in popularity.
On October 31, Grass announced stage 2 of the network to reclaim the public web.
Stage 2 of Grass Network
The team at Grass noted that the focus of the network’s stage 2 is reclaiming the public web, and creating a world where every web search is routed via the Grass network.
The aim is to capture the web by building a user-owned map of the Internet. This season will introduce the following:
- More rewards
- New product releases, including Live Context Retrieval (LCR), hardware
- The rollout of the Grass mobile app
New listings on exchanges might also follow during this stage of the product, considering its successful trajectory so far. Binance hasn’t listed it so far, but maybe the exchange will consider it in the future.
Stage 1 of the project was a complete success, and the Grass community’s impact has been noteworthy. The project has 2.8 million users across 190 countries, it had the most widely distributed airdrop on Solana and 100 TB of web data scraped daily.
GRASS is among the few tokens that recorded a continuous upside move since launch in 2024.
What is Grass (GRASS)?
Grass network is building the first Internet scale “web crawl”, as the team behind the project notes, and it’s powered by over 3 million users who are running nodes to scrape petabytes of data for AI models.
In other words, Grass aims to create a massive web crawler that can access and index the entire Internet, not just a small subset of websites, which is usually done by big tech companies.
This translates into an open system, transparent and decentralized, meaning users collectively control the process, and not just a single company.
Grass wants to create a “knowledge graph” – a vast organized map of interconnected info across the web – owned and controlled by users.
A knowledge graph involves the relationships between different data points (people, places, concepts) and it can be used for various apps including search engines and AI systems.
