Grass

Today's state: Grass is trading at $0.512338 with a $0.1 billion market capitalization (rank #197). The price moved -8.25% over the past 24 hours and is +9.03% over 7 days; the 30-day move stands at +40.78% and the 90-day at +0.00%.

Position vs cycle: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatility and structure: 30-day realized volatility of 115.7% annualized is extreme for an asset this size. Our composite multi-horizon Price Strength reads Neutral (51/100), with the timeframes pulling in different directions and no clean directional read.

To place GRASS in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.29 — a weak positive relationship.
• Ethereum reference: +0.32 — a weak positive relationship.
• Solana reference: +0.39 — a weak positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Grass (GRASS) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.5123 as of the latest update, with a 24-hour move down 8.25%, placing it at rank #124 by market capitalisation among all listed digital assets. Grass's current market cap stands at $124.96M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Grass across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Grass uses token incentives to bootstrap a physical network from the bottom up. Rather than a company building the infrastructure, individuals deploy the hardware and earn the token for the coverage or service they contribute.

By market value, Grass sits at rank #197 — a mid-cap asset in the broad top 250. Only about 24% of the eventual GRASS supply is circulating so far (243.91M of 1.00B), so future unlocks remain a meaningful dilution variable. It currently trades about 87% below its all-time high of $3.89 set in December 2024, while sitting roughly 3.1× above its record low.

The token in Grass is the coordination layer for a physical network: it pays providers for proven coverage or usage and (in many designs) is what end-users spend to consume the service. Network value tracks real usage and provider growth rather than on-chain transaction counts.

By market value, Grass sits at rank #197 — a mid-cap asset in the broad top 250. Only about 24% of the eventual GRASS supply is circulating so far (243.91M of 1.00B), so future unlocks remain a meaningful dilution variable. It currently trades about 87% below its all-time high of $3.89 set in December 2024, while sitting roughly 3.1× above its record low. Its fully-diluted valuation of $559.49M is about 4.5× the circulating market cap of $124.96M, a gap that signals issuance overhang to factor into any longer-term thesis.

In practice Grass rewards the people running the hardware and, in many designs, is also what customers spend to use the network's service. Whether it accrues value comes down to one race: paying demand for the service versus the emissions paid out to bootstrap supply.

Daily turnover is unusually high at roughly 13% of market cap ($15.80M traded in 24 hours), the kind of liquidity that reflects an active news or trading cycle.

The supply story for Grass comes down to three things: how tokens are issued over time, how many are circulating now, and how far the fully-diluted valuation sits above the circulating market cap. Only 24.4% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis. The fully diluted valuation (FDV) of $0.6 billion stands at 4.5× the current circulating market cap of $0.1 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

For thesis-building, the relevant question is whether the structural value-accrual mechanism (fee burns, staking-yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

What sets the macro tone for crypto is the cost and availability of money: where the Fed is steering policy rates, whether dollar liquidity is expanding or draining, and how much risk the market is willing to carry. The asset class has behaved like the high-beta tail of that cycle — first to rally as conditions ease, first to crack when they tighten.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

For Grass specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, GRASS tends to follow; when they contract, the relationship typically reverses. With a comparatively loose 90-day BTC correlation of +0.29, GRASS has shown more idiosyncratic price behaviour than the average large-cap — its own catalysts can matter as much as the broad liquidity tide.

The hazards here are particular to physical networks: an emission treadmill that has to onboard hardware faster than it dilutes holders, the stubborn challenge of turning subsidised supply into paying customers, real-world hardware and operational dependencies, and service-specific regulatory exposure. Broad crypto volatility applies on top.