G (Gravity (by Galxe)) increased by 20.75% in the past 24 hours

G-8,21%

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, G (Gravity (by Galxe)) is reported at $0.00 USD, up 20.75% in the past 24 hours, with a high of $0.00 USD and a low of $0.00 USD. The 24-hour trading volume reached $47.9 million. The current market capitalization is approximately $49.1 million, an increase of $8.44 million from yesterday.

Gravity is a high-performance Layer 1 blockchain developed by Galxe, dedicated to promoting large-scale Web3 applications. The chain uses a pipelined AptosBFT consensus engine and parallel EVM runtime Grevm, achieving throughput of 1 gigawatt per second and sub-second finality, while maintaining PoS security through re-staking technology. Gravity has served over 25 million users, supporting EVM compatibility, full-chain intent protocols, Balance Abstraction, cross-chain loyalty points, and other features, aiming to create a frictionless Web3 experience for developers and users. Gravity Alpha Mainnet was launched in Q3 2024, with the mainnet expected to go live in Q4 2025.

Important Recent News about G:

1️⃣ Intensified Competition in Layer 1 Ecosystems Boosts Attention As multiple new Layer 1 blockchain projects continue to advance technological iterations and mainnet deployments, the market competitiveness of high-performance chains has become a key focus for investors. Gravity, as a high-performance chain emphasizing sub-second finality and gigabit throughput, possesses differentiated technical features in the Layer 1 space. This technical advantage, as market attention shifts toward infrastructure layers, can attract performance-sensitive institutional and developer capital, providing price support.

2️⃣ Progress in Mainnet Launches Supports Long-term Expectations The official launch of Gravity’s mainnet is expected in Q4 2025, establishing a clear milestone for the market. Leading up to the mainnet launch, expectations for on-chain ecosystem activation, DeFi protocol deployment, and large-scale application adoption will gradually heat up, often driving phased price increases. The existing network effect of over 25 million users combined with high-performance metrics enhances the market’s valuation of the incremental user influx brought by the mainnet launch.

3️⃣ Demand for Large-Scale Web3 Applications Drives Ecosystem Attention Currently, emerging sectors such as AI infrastructure, privacy transactions, and tokenized assets continue to attract capital and user inflows. The features provided by Gravity, such as full-chain intent protocols and Balance Abstraction, can directly support cross-chain deployment needs of these new applications. This functional completeness offers a clear competitive edge in the multi-chain ecosystem era. As developer demand for high-performance, low-cost chains increases, Gravity’s market position is expected to further strengthen.

This message is not investment advice; please be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Whale Buys Million in Ethereum! Low-Level Rebound Signals Emerge, Is ETH Price Inflection Point Coming?

Recently, an Ethereum whale returned to the market, purchasing 50,706 ETH with 111 million USDT, demonstrating confidence in the current price. Meanwhile, other large wallets have exhibited similar buying behavior, elevating market attention toward Ethereum. Although Ethereum's price continues to face pressure, institutional capital inflows and improved regulatory environment in the United States provide certain support to the market, potentially establishing mid-term support levels.

GateNews1m ago

Today's cryptocurrency fear and greed index dropped to 23, with the market shifting to an extremely fearful state.

Gate News: On March 19, according to Alternative.me data, today's cryptocurrency Fear and Greed Index dropped to 23, with the market transitioning from yesterday's "panic state" (index 26) to "extreme panic state."

GateNews1h ago

Why Did Bitcoin Decline Today? Powell Sends Hawkish Signals, Trump Considers Troop Increase in Middle East

Bitcoin fell to $70,767 on March 19 following hawkish signals from Federal Reserve Chairman Powell, who warned that rising oil prices could exacerbate inflation; meanwhile, U.S. military troop reinforcements in the Middle East heightened geopolitical risks. The $70,000 level is a critical support for Bitcoin, and a break below it could accelerate further downside.

MarketWhisper1h ago

Here’s Why River (RIVER) Price Is Pumping Today

RIVER's price surged 25% to $27.54, driven by a bullish inverse head-and-shoulders breakout and increased trading volume. Analysts project further gains as traders respond to market conditions and ongoing ecosystem campaigns, indicating strong support for the price.

CaptainAltcoin4h ago

Brandt Spotlights 'Ugly' Bitcoin Pattern - U.Today

Peter Brandt advises Bitcoin traders to remain flexible amidst conflicting technical setups: a potential bullish "horn" pattern and a bearish "flag" pattern. He criticizes the dogmatic mindset of some in the crypto community, emphasizing adaptable trading strategies over fixed opinions.

UToday5h ago

XRP Ledger Hits 7.7M Holders as Price Jumps 14%

XRP Ledger's adoption hit 7.7 million wallets after 13 years, with a surge in active addresses to 46,767 as its price rose 14%. The cryptocurrency now faces resistance at $1.55–$1.70, indicating a cautious upward trend.

CryptoFrontNews5h ago
Comment
0/400
InvincibleSwordImmortavip
· 03-08 21:46
Good luck and prosperity 🧧
View OriginalReply0