$GRASS Price Soars to $1 Since Listing

Bittime - The price of the $GRASS crypto soared after the airdrop distribution. The token of the DePin (Decentralized Physical Infrastructure Network) project developed by Wynd Network soared to $1 after its debut on a major crypto exchange. 

After an airdrop program that triggered selling pressure, $GRASS managed to exceed expectations. The token managed to record a temporary high of $1.10, attracting huge attention in the crypto world. 

This surge does not only reflect high market interest. However, this price movement made GRASS a hot topic of conversation, especially because it is included in the ranks of tokens with the largest trading volume in the DePin category.

GRASS Price Movement After Listing

After listing, GRASS quickly rallied from a low of $0.65 to a peak of $1.10. Currently, even though it has experienced a correction and is perched at $1.05, the price is still much higher than the pre-market level of around $0.73. 

This significant spike made the market cap or full valuation of GRASS. If all tokens are in circulation (Fully Diluted Valuation or FDV), it will reach more than $1 billion. 

FDV itself is the total value of a crypto project if all tokens, including those not yet in circulation, are considered to be circulating on the market. This high valuation also shows investors' optimism about this project.

Amid price volatility, data from CoinGecko shows that GRASS's daily trading volume managed to outperform other large tokens in the DePin category such as Bittensor (TAO), Filecoin (FIL), and io.net (IO). Currently, GRASS leads in DePin trading volume with a value of almost $225 million.

Read also: How to Claim GRASS Airdrop For those who haven't yet, hurry up!

Circulating Supply and Effect on GRASS Prices

One of the interesting discussions in the crypto community regarding GRASS is the issue of its initial circulation supply. Based on a monthly distribution schedule, GRASS has an initial circulating supply of approximately 25% of the total 1 billion tokens. 

However, independent calculations from an investor indicate that the current circulating supply is actually lower. Several X (formerly Twitter) users stated that GRASS's realistic circulating supply is only around 5-6%. 

This distribution includes 10% for the first airdrop, another 10% for user incentives distributed gradually over several years, and around 1.37% is managed by the foundation for listing and liquidity needs.

The fact that most of the tokens are still locked, while the project's FDV is very high, raises concerns regarding long-term investment risks. 

As Tokenomist, a crypto research institute, puts it, “Projects that have a small circulating supply but a high FDV can pose major risks for investors focused on long-term investments.”

GRASS Token Unlock Schedule and Potential Long-Term Selling Pressure

According to data from CryptoRank, GRASS is scheduled to undergo a linear unlock process until 2028. This means that a small number of tokens will continue to be released into the market every day. 

Until October 28 2025, 0.01% of the total supply or around 146,200 GRASS tokens will be unlocked daily. This could potentially put selling pressure on prices in the long term. 

With this long unlock schedule, investors need to consider the possibility of future pressure on token prices as supply increases in the market.

Read also: $GRASS Price Prediction in 2025: Potential for $20?

About GRASS and Its Future Potential

GRASS is part of the DePin ecosystem developed by Wynd Network. The platform allows active users to earn tokens in exchange for contributing to sharing internet resources via browser extensions. 

This system is designed to encourage users to actively participate in decentralized sharing of physical infrastructure, a concept that is starting to be widely discussed in the crypto world.

Although GRASS is experiencing rapid price growth, its long-term potential remains challenging. This is mainly related to market volatility and supply pressure which will continue to increase. 

However, the high enthusiasm within the community shows that this project has great potential for growth if it is able to maintain stability and expand adoption among global internet users.

Conclusion

With an impressive market capitalization and ever-increasing trading volume, GRASS is currently a token to watch in the crypto world. This is especially true in the DePin sector. 

However, investors are advised to remain alert to potential risks due to high FDV and low circulating supply. Apart from that, there is the influence of unlocking tokens in the next few years. 

GRASS shows great strength as an innovative project, but Wynd Network's next strategic steps will largely determine the project's sustainability.

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