In a remarkable display of market momentum, the GRASS token has witnessed a substantial surge of 45.40% in the past 24 hours, reaching an impressive price point of $1.72.
The token’s performance has been particularly noteworthy, with trading volumes soaring to $335,143,539 within the same period.
With a circulating supply of 240 Million GRASS tokens, the project has achieved a significant milestone as its market capitalization crossed the $421 million mark, highlighting growing investor confidence and market interest in the platform’s development.
Stage 2 Network Launch and Vision
The dramatic price increase coincides with the launch of Network Stage 2, marking a pivotal moment in Grass’s evolution.
According to their earlier announcement on X, the platform’s ambitious vision centers on “reclaiming the public web” through the creation of a user-owned internet map.
This new stage represents a significant expansion of the network’s capabilities and introduces a comprehensive roadmap focused on transforming how users interact with web search functionality.
This ultimately aims to route web searches through the Grass Network’s infrastructure.
New Features and Product Developments
Stage 2 brings forth an array of exciting new developments and enhanced reward structures.
Key innovations include the introduction of Live Context Retrieval (LCR) technology, new hardware initiatives, and the anticipated rollout of the Grass mobile application.
These developments represent significant steps forward in the platform’s technological capabilities and user accessibility.
This demonstrates Grass’s commitment to expanding its ecosystem and improving user experience.
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Stage 1 Achievements and Community Growth
The transition to Stage 2 follows an impressively successful Stage 1 phase, during which the Grass community achieved remarkable milestones.
The platform has built a robust user base of 2.8 million across 190 countries, successfully executed the largest airdrop in Solana’s history, and currently processes an impressive 100TB of web data daily.
These achievements underscore the platform’s growing influence in the decentralized web space and its ability to attract and maintain a global user base while handling significant data processing demands.
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