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

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.