GRASS Holds Momentum Above $0.47 as On-Chain Activity Surges

GRASS is having a strong session, trading at $0.47648, up 6.59% on the day. The token touched an intraday high of $0.6513 before pulling back, but it's holding well above its 24h low of $0.2142, a sign that buyers stepped back in after the dip.

On-chain numbers back up the price action. Market cap sits at $116.22M against a fully diluted valuation of $476.49M, so there's still a meaningful gap between circulating and total supply worth keeping an eye on. Liquidity on-chain is at $660K, and holder count has climbed to 323,089, steady growth in distribution rather than concentration in a few wallets.

Trading volume over the last 24 hours came in at $8.02M across 108,497 transactions, suggesting this move isn't just a low-volume spike but genuine market participation. On the 4H chart, the short-term MA(7) has crossed above the longer MA(25) and MA(99), which technically-minded traders will read as a bullish short-term structure, even as the token remains well below its recent high.

Worth watching over the next few sessions: whether GRASS can consolidate above the $0.43–$0.44 support zone (where MA7/MA25 are converging) or if this is just a relief bounce after the drop from $0.65.

As always, this isn't financial advice, just a read of the current data. DYOR before making any moves.

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