Latest Grass News

The Grass Foundation is an innovative project that operates as a Decentralized Physical Infrastructure Network (DePIN) on the Solana blockchain. It enables users to earn passive income by sharing their extra bandwidth, which is utilized for the development of artificial intelligence tools. With over 2 million active users, the platform has garnered attention, but it has also faced skepticism due to various scams impersonating the project. This article aims to clarify the legitimacy of the Grass airdrop and provide a comprehensive guide for interested participants. The Grass airdrop functions similarly to other DePIN projects, rewarding users for their contributions of bandwidth. Participants can earn Grass Points by installing the Grass App or a web extension, which can later be converted into GRASS tokens. To be eligible for the airdrop, users must have a compatible device and a legitimate wallet address. However, the system is vigilant against fraudulent activities, and any detected misconduct may result in penalties, including the withholding of tokens. Despite the project's rapid growth and backing from reputable investment firms, users are advised to ensure they are accessing the official Grass website to avoid scams. The Grass Foundation has successfully conducted multiple airdrop campaigns, distributing a total of 100 million GRASS tokens to eligible participants. With the recent launch of its mainnet, the airdrop remains active, and the process for claiming Grass Points has been simplified. Users can easily withdraw their earnings by directing the system to transfer GRASS tokens to their wallets. While the Grass Foundation appears to be a legitimate project, potential participants should conduct their own research to verify its authenticity and understand the risks involved in the airdrop process.

Grass, the flagship product of Wynd Network, has successfully raised $10 million in a bridge funding round co-led by Polychain Capital and Tribe Capital. This funding, primarily structured as a token purchase, highlights the growing investor confidence in Grass's mission to decentralize internet connectivity and enhance AI data access. Previously, Grass had secured funding through Seed and Series A rounds, but this latest round was unplanned and comes at a crucial time as the project experiences rapid growth and adoption. Grass operates as a decentralized bandwidth network built on the Solana blockchain, allowing users to monetize their unused internet capacity by selling their 'view of the internet.' This innovative system enables companies and developers to access public web data at scale, which is essential for training and improving AI models. Users are rewarded with the native GRASS token, which serves as the primary vehicle for value accrual and governance. Co-founder Andrej Radonjic emphasized that Grass addresses the access challenges AI developers face when building or training models across the open web, thereby solving a significant bottleneck in data collection for AI. The recent funding round marks Polychain Capital's third investment in Grass, reflecting their strong belief in the company's potential. Grass has reported impressive growth, with 8.5 million monthly active users and collaborations with around 20 companies, including nonprofits and academic institutions. As the project continues to evolve, it aims to transition from providing training data to offering real-time inference data, which is crucial for generative AI systems. With its unique approach, Grass is positioned to redefine data pipelines for AI, shifting control from centralized tech companies to a decentralized global network, thus leading the charge in the intersection of AI and decentralized infrastructure.

Recent developments in the cryptocurrency and blockchain sectors highlight significant movements and investments. Notably, the UAE family office Kanoo Group has announced its decision to purchase Bitcoin, further solidifying its position in the digital asset space with assets under management totaling $20 billion. Additionally, SpaceX, the aerospace company founded by Elon Musk, reportedly holds $1 billion worth of Bitcoin, showcasing the growing acceptance of cryptocurrencies among major corporations. In the realm of blockchain technology, the DePIN project Grass has successfully completed $10 million in bridge financing, with participation from notable investors such as Polychain and Tribe Capital. This funding marks a continuation of support from Polychain, which has previously invested in Grass during its seed and Series A rounds. Furthermore, ZKsync has launched the Atlas upgrade for its ZK Stack, aimed at enhancing enterprise blockchain performance. This upgrade introduces a high-performance sequencer capable of processing up to 30,000 transactions per second, significantly improving efficiency for enterprise applications. On the regulatory front, the Federal Reserve's monetary policy remains a focal point, with a high probability of rate cuts anticipated in the coming months. Fed Governor Milan has expressed concerns regarding the decline in the neutral rate and its implications for policy tightening, while also maintaining an optimistic outlook on inflation. Meanwhile, Nakamoto plans to issue $250 million in convertible bonds to bolster its Bitcoin holdings, reflecting ongoing interest in cryptocurrency investments amid evolving market conditions.

In a recent analysis by Phoenix Group and LunarCrush, Chainlink (LINK) has emerged as the leader in social engagement among decentralized physical infrastructure network (DePIN) projects. With a remarkable 15,200 engaged posts and 3.6 million interactions within a 24-hour period, Chainlink significantly outperformed its competitors, showcasing a vibrant community discussion around its protocol. This high level of engagement not only cements Chainlink's position at the top but also reflects the growing interest in decentralized infrastructure solutions. Following Chainlink, Bittensor (TAO) secured the second position with 9,700 posts and 876,800 interactions, indicating strong community momentum despite being far behind Chainlink. The Internet Computer Protocol (ICP) rounded out the top three with 4,200 posts and 300,600 interactions, demonstrating steady traction among its user base. Other notable projects like Arthera (ATH), which recorded 3,000 posts and 475,700 interactions, also showed significant community response, highlighting the diverse engagement levels across the DePIN landscape. The rankings also featured smaller projects such as Grass and Dione, which, despite lower posting activity, managed to attract considerable interactions, indicating a growing interest in emerging networks. The data underscores a trend where social metrics are becoming essential indicators of project momentum, as they reflect how well these projects resonate with their communities. As the DePIN sector continues to evolve, the increasing engagement from both established and emerging tokens suggests a vibrant future for decentralized infrastructure initiatives.

In the latest IOSG Weekly Brief, a comprehensive analysis of Decentralized Physical Infrastructure Networks (DePIN) is presented, highlighting its potential as a significant investment track in the cryptocurrency space. Despite being compared to AI as a new frontier for crypto investments, DePIN lacks a standout project that could lead the charge. While Helium is often cited as a pioneering project, it predates the DePIN concept. The report emphasizes that DePIN is not merely a buzzword; it represents a tangible opportunity to decentralize physical infrastructure, which can optimize various sectors, particularly telecommunications and AI data acquisition. The report outlines specific examples of how DePIN can disrupt traditional models. For instance, Helium Mobile allows users to become micro-operators by purchasing hotspot devices, significantly reducing the costs associated with traditional telecom infrastructure. Similarly, Grass enables AI companies to acquire data at a fraction of the traditional costs by leveraging user-shared bandwidth. These models illustrate that DePIN can outperform conventional infrastructure by offering lower costs and enhanced efficiency, thereby addressing real-world needs. Looking ahead, the report suggests that DePIN could resolve existing challenges in both infrastructure and consumer markets. It highlights the importance of token economics in incentivizing participation within DePIN networks. As DePIN projects evolve, they must navigate various hurdles, including regulatory risks and hardware maintenance. However, the potential for DePIN to create sustainable applications and achieve mass adoption is promising. With ongoing developments, such as Helium's partnerships for expanding its 5G network, DePIN is positioned to be a focal point for investment and innovation in the coming years.

The Solana-based DePIN (Decentralized Physical Infrastructure Network) platform's native token, Grass ($GRASS), has experienced a significant decline of 15%, dropping from a recent high of $1.96 to approximately $1.72. This downturn has returned the token to levels it was trading at a month ago. Analysts suggest that the price drop is largely attributed to substantial selling in perpetual futures, with no significant on-chain activity to justify the decline. In the past 24 hours alone, over $637,400 worth of long positions in $GRASS were liquidated, while on-chain trading volume via Raydium only reached about $3.2 million. Despite the price drop, trading volume for $GRASS has surged by over 55% in the last day, indicating a strong interest from investors. Notably, the derivative market volume has also increased by more than 95%. This uptick in trading activity suggests that smart money and whale investors are capitalizing on the dip, making $GRASS the second-most-purchased Solana token in the AI and utility sector. Whales have reportedly purchased over $200,000 worth of $GRASS, raising speculation about their insights into the market that retail investors might have missed. Grass has been making strides in network growth, processing over 57 million GB of public web data in the first quarter and building a massive video dataset of over one billion videos. The Grass Video Search tool allows users to search for specific visual patterns in videos, marking a significant advancement in video data handling. As the derivative market's funding rates shift from negative to positive, indicating bullish sentiment, whales are strategically positioning themselves for potential gains. If $GRASS can reclaim its previous highs, investors could see returns exceeding 125%. However, the price must hold above the critical support zone of $1.56 to maintain a bullish outlook.

On June 2nd, 2025, No Limit Holdings (NLH) and ClearVue Partners (CVP) announced the final close of the CVP NoLimit Fund II, which aims to invest in native crypto projects within a rapidly growing digital asset industry projected to reach nearly $15 trillion by 2030. NLH, led by Gin Chao, an influential figure in the blockchain space, emphasizes accelerating value creation through blockchain technology. The firm previously launched Fund I in 2022, which successfully invested in over 40 projects, outperforming Bitcoin with impressive metrics such as distributed to paid-in capital (DPI) and multiple on invested capital (MOIC). Fund I notably backed Wynd Labs, a key contributor to the successful DePIN project, Grass Protocol. NLH's optimistic outlook for the blockchain industry is bolstered by expectations of increased institutional adoption and a stabilizing regulatory environment. Gin Chao, who has made accurate predictions regarding Bitcoin's price movements in the past, anticipates a Bitcoin high of $400-500k in the upcoming cycle. He emphasizes that NLH is not merely investing in technical protocols but is committed to supporting systems that will shape the future of global finance, governance, and transactions. Fund II is set to focus on early-stage investments in mission-driven founders and aims to explore significant opportunities in B2C applications. The CVP NoLimit funds have established a strong institutional presence in just three years, with Fund II surpassing its $100 million target within nine months. Investments have already been made in various portfolio projects, including Altius and Aro Network. The collaboration between NLH and CVP is expected to drive innovation and adoption in the blockchain space, positioning them as key players in the evolving landscape of digital assets. As the industry matures, both firms are poised to leverage their expertise and networks to foster the next generation of blockchain solutions.

Investors are currently focused on the GRASS and PI crypto tokens, which are making headlines due to their unique value propositions. The ongoing presale of Best Wallet has also garnered attention, raising over $12 million. In the past 24 hours, perpetual crypto exchanges like Binance, Bybit, and OKX have liquidated over $665 million in leveraged positions, affecting more than 153,000 traders. Despite this turmoil, many traders remain optimistic about GRASS and PI, viewing them as potential breakout tokens for Q2 2025. Notably, PI crypto has surged 80% since early April, while GRASS has increased by 140% since its all-time low in late October 2024. GRASS is a decentralized layer-2 platform built on Solana, supported by prominent venture capitalists such as Polychain Capital and Tribe Capital. It allows users to monetize idle internet bandwidth, which is crucial for AI model training. The platform has facilitated the scraping of an impressive 57 million GB of public web data in Q1 2025 alone. Participants earn GRASS points, convertible to GRASS tokens, and the platform has seen a significant increase in node operators, indicating growing interest and adoption. Analysts are ranking GRASS among the top cryptocurrencies to explore, highlighting its potential in the AI and decentralized physical infrastructure network (DePIN) sectors. On the other hand, Pi Network is making strides toward decentralization, having recently disabled its central node, thus empowering its community of over 60 million users. Despite facing skepticism regarding its legitimacy, Pi Network's mainnet launched in February 2025, and the price of PI crypto has fluctuated significantly since then. As both GRASS and PI continue to evolve, investors are advised to conduct thorough research before making investment decisions. Furthermore, the Best Wallet presale is generating excitement, with its features and security measures positioning it as a strong competitor in the crypto wallet space.

Grass ($GRASS), a decentralized project built on the Solana blockchain, has experienced an 8% decline in value over the past 24 hours, following an impressive 500% surge earlier this month. This downturn raises questions about the sustainability of its recent growth, particularly as it aligns with a broader market correction. Despite this setback, $GRASS has managed to retain a 14-day gain of approximately 13%. The token, which launched in October 2024, has seen significant price fluctuations, reaching an all-time high of $3.90 before settling around $1.88, placing it among the top 123 cryptocurrencies by market capitalization at roughly $460 million. Grass distinguishes itself by merging Decentralized Physical Infrastructure Network (DePIN) elements with Artificial Intelligence (AI) functionalities. Users who install the Grass browser app can share their excess internet bandwidth to train AI models, earning rewards in the process. This innovative model has led to substantial growth, with the user base expanding from 200,000 to over 3 million between Q4 2024 and early 2025. The platform's capabilities were further enhanced by the Sion Upgrade, which significantly improved its ability to scrape and process multimodal web content, achieving daily data collection rates that rival those of major tech companies. Despite the recent dip in activity, with daily data scraping falling to around 759,000 TB, Grass remains a formidable player in the DePIN space, second only to Helium on Solana. The project has secured listings on major exchanges, and many traders believe it is currently undervalued, with bullish predictions suggesting a market cap of $1 billion and a potential price target exceeding $4 by year-end. Technical analysis indicates that while the asset has faced resistance, a rebound from current support levels could signal a new upward trend, although a drop below key moving averages might lead to further declines.

The recent analysis of Decentralized Physical Infrastructure Networks (DePIN) highlights its potential as a significant investment track in the cryptocurrency landscape. DePIN, which aims to decentralize the infrastructure of the physical world, is gaining traction alongside AI as a promising direction for investment. However, the sector currently lacks a leading project to catalyze its growth, with Helium being the most recognized name, albeit predating the DePIN concept. The analysis suggests that DePIN could yield substantial returns in the next 1-3 years, as it addresses real-world needs through decentralized solutions, such as reducing costs in telecommunications and AI data acquisition. The investment rationale for DePIN is grounded in its ability to optimize traditional infrastructure models. For instance, in the telecommunications sector, traditional operators face exorbitant costs for spectrum licenses and base station deployments. In contrast, Helium Mobile allows users to become micro-operators by purchasing affordable hotspot devices, significantly lowering deployment costs. Similarly, in the AI domain, projects like Grass leverage distributed web scraping to reduce data acquisition expenses while ensuring compliance and diversity. These examples illustrate how DePIN can outperform conventional methods, making it an attractive investment opportunity. Moreover, DePIN presents a unique intersection of infrastructure and consumer needs, addressing the challenges faced by both sectors. High-quality DePIN projects exhibit strong product-market fit and revenue generation, making them less susceptible to market volatility. As demonstrated by Helium's competitive pricing and Grass's user-friendly model, DePIN can effectively capture user interest and mindshare. While the path to widespread adoption may be gradual, the potential for DePIN to disrupt traditional industries and create sustainable value through innovative token economies is significant, positioning it as a focal point for investors looking ahead to 2025.