gna

GNS is the native utility and governance token of the Gains Network, powering the gTrade decentralized leveraged trading platform where traders can open perp and spot positions with deep liquidity.

The token’s price has fallen sharply from its all‑time high (~$12.48) to around ~$0.83–$0.93 recently, reflecting a long‑term drawdown of around 90 %+ from peak levels.

Recent price action over the past week shows modest declines and sideways trading, suggesting cautious sentiment amid broader crypto market weakness.

GNS has utility in gTrade for staking, liquidity incentives, and governance, and protocol revenue can buy back and burn tokens, which may support long‑term value.

Market cap remains relatively small (~$20–30 M), meaning liquidity and volatility risk are elevated compared with larger tokens.

Traders watch whether price holds key near‑term support and any shifts in leveraged trading activity on gTrade for directional clues.

@gTrade | Gains Network $GNS #GNScoin
#gna