Kategorie: Crypto News

• GRASS price drops as $80M tokens are unlocked.
• 181M tokens unlocked, raising dilution and sell-off fears.
• Technical analysis shows weak momentum but hints at a possible rebound.

The GRASS price is under heavy pressure as the market braces for a massive GRASS token unlock event.

With 181 million new tokens — worth more than $80 million — set to flood the market today at 1:30 PM UTC, investors are watching closely to see whether this move signals a deeper downturn or a short-lived shakeout before recovery.

Built on Solana, the Grass network powers a decentralised data infrastructure where users share idle bandwidth to support AI and web-scraping applications.

But despite its strong fundamentals, the latest unlock threatens to overshadow its long-term potential with short-term volatility.

GRASS price struggles under selling pressure

Over the past 24 hours, the GRASS price has fallen by 2.9% to trade near $0.41, underperforming the broader crypto market, which slipped only 0.56%.

The token is now down more than 50% in the past 30 days, reflecting rising investor anxiety ahead of the unlock.

Notably, the upcoming token release will increase the circulating supply by nearly 58%, from 243 million to roughly 424 million tokens.

This surge in available coins raises significant dilution concerns, particularly in a market already grappling with low liquidity.

Unfortunately, data shows that trading volume has dropped by more than 25% over the past week, suggesting thin demand to absorb the incoming supply.

Historically, token unlocks of this magnitude have triggered immediate price declines of 10–30% or more, as early investors and contributors take profits.

GRASS’s decline of nearly 50% over the last month fits that trend, reinforcing the perception that the market has been pricing in the unlock for weeks.

The token unlock has overshadowed Grass’s funding optimism

Earlier this month, Grass secured a $10 million funding round led by Polychain Capital and Tribe Capital to expand its decentralised AI data network.

The investment validated the project’s DePIN model and its 8.5 million active users, but market reaction was subdued.

Instead of fueling a rally, the news coincided with a 6% drop in GRASS’s value as investors focused on the looming unlock.

Part of the concern stems from the nature of the funding, which included token allocations that may add to near-term selling pressure.

As a result, even fundamentally positive developments are being viewed through a bearish lens, with traders preferring to stay on the sidelines until the post-unlock price action stabilises.

Technical outlook hints at fragile stability

Technically, GRASS remains in a pronounced downtrend.

The token trades below all major moving averages, with its 7-day SMA near $0.4266 and 30-day SMA at $0.6243.

Momentum indicators confirm weakness — RSI sits around 35, signalling oversold conditions, while MACD is attempting a modest bullish crossover.

Chart patterns point to a large descending triangle formation, with GRASS hovering close to its lower boundary.

The next major support lies at $0.3126, marking the 2024 low, while resistance is seen near $0.4694 and more prominently at $0.9 — the key point of control (POC) on the Volume Profile indicator.

A breakout above this zone could mark the beginning of a recovery phase, but until volume returns, upside potential remains limited.

Interestingly, Bitcoin’s strength over the weekend triggered a brief wave of optimism, sending GRASS higher on a large green volume candle.

However, follow-through buying has been muted, suggesting that traders are still cautious ahead of the unlock.

What to expect after the GRASS token unlock?

The immediate aftermath of the GRASS token unlock will determine whether this event deepens the sell-off or serves as a reset for future growth.

If selling pressure spikes, GRASS could test new lows below $0.31.

However, if buyers absorb the new supply and RSI begins to recover, a short-term rebound toward resistance near $0.47 may follow.

While GRASS’ fundamentals, anchored in decentralised AI data infrastructure, remain solid, the market’s focus is squarely on supply dynamics and investor sentiment for now.

As the flood of tokens hits exchanges, GRASS will need a compelling proof of demand to convince traders that the worst is behind it.

The post GRASS price analysis as 181M tokens, 72.40% of supply, get unlocked appeared first on CoinJournal.

• Avalanche price is looking to hold the $20 level.
• Nasdaq-listed AgriFORCE has shareholder approval to roll out an Avalanche treasury strategy.
• The company says it’s eyeing a $700m AVAX treasury strategy.

Avalanche price holds above the $20 mark amid news that Nasdaq-listed company AgriFORCE Growing Systems has secured shareholder support for a bold pivot into the Avalanche ecosystem.

The AVAX token, which has bounced off lows of $18 in the past week, shows notable resilience amid broader market optimism around a potential altcoin explosion.

AgriFORCE eyes $700 million AVAX treasury bet

Nasdaq-listed AgriFORCE, a company traditionally rooted in sustainable agriculture technologies, is eyeing an aggressive pivot into the crypto treasury strategy ecosystem.

Specifically, the company wants to become the first publicly traded entity on Nasdaq dedicated exclusively to the Avalanche blockchain network.  AVAX One is the new company.

On October 27, AgriFORCE revealed it had secured special shareholder approval for the initiative .

A $300 million capital infusion and a further $250 million offering are set to fund an aggressive AVAX treasury strategy.

In the process of acquiring and holding AVAX tokens, AgriFORCE is poised to commit up to $700 million in exposure through direct purchases, staking, and ecosystem participation.

Matt Zhang, founder of Hivemind and nominated chairman of the AgriFORCE board, commented:

“With this mandate from shareholders, we can now proceed to close the transaction and begin the focused work of accumulating AVAX strategically and creating the Berkshire Hathaway of the on-chain financial economy.”

AVAX price holds above $20: Is $40 next?

Amid the corporate enthusiasm, the Avalanche native token shows resilience.

While the price of AVAX fell from highs of $21 this week, bulls managed to recover from lows of $18. Maintaining stability above the critical $20 psychological level signals a potential bullish momentum that will align with the broader cryptocurrency market.

If bulls break above $30, the altcoin could target prices above $40. As well as tokenization, catalysts such as institutional inflows and narrative shifts around spot exchange-traded funds are critical.

AgriFORCE’s corporate strategy and market performance also point to what investors may want to look out for in the coming weeks. In its announcement, the company said it will put its plans into action in the coming days.

“The completion of this transaction will position the Company as the first Nasdaq-listed entity with a primary mission centered on the Avalanche ecosystem. The transaction is expected to close on or about October 30, 2025,” it wrote.

AVAX price reached its all-time high of $146 in November 2021.

The current price is well off this peak.

However, bulls have managed to bounce by an impressive 630% since the Avalanche price fell to its all-time low of $2.79 in 2020.

The post Nasdaq-listed AgriFORCE eyes $700M Avalanche treasury bet; AVAX price outlook appeared first on CoinJournal.