The price of grass tokens increased for three consecutive days, with an increase in network data activity, it reached its highest level since 23 February.
Grass (grass) reached a high level of $ 2.10 by up to 122% from its lowest point this year, giving it a market cap of over $ 500 million.
The ongoing rally operates with the amount of daily data. After crossing 1 million gigabytes on 15 February, the figure reached a new level of 1.32 million gigabytes on Wednesday. This data has been on a strong upward trajectory, given that it started at 2,600 gigabytes.
The grass has continued to expand its network since its inception by indexing 109.7 million IP addresses and 4.47 billion URLs.
The network has made important efforts to achieve these matrix. It launched the Grass Sion Upgrade earlier this month, increasing the ability to score and process multimodal web data. The upgrade also improved its scraping algorithm, introduced horizontal computing scale, and increased its scaling capacity to 1 petabite per day.
The grass plan is a large year compared to 2024, when its user base increased from 0.2 million to 3 million. In addition to Sion upgrade, the developers aim to launch a standalone web app and designate the chrome extension.
Forecast grass price
The daily chart suggests that the grass token value was at $ 0.9130 in January before rebounding the current level of $ 2. This 25-day moving average, slightly above a positive signal, has gone up.
Most importantly, the price of grass has formed a megaphone pattern, characterized by two ascending and trendline. This pattern often indicates a strong rapid breakout, which, in this case, will be confirmed if the price increases at $ 2.30 from the upper resistance level.
Such breakouts can indicate further benefits, potentially extend the price towards its all -time high of $ 3.9170, representing a 96% increase from the current level. However, a drop below the bottom support level of $ 1.60 will rapidly invalidate the outlook.
