BREAKING: Grass (GRASS) Surges 22.9% to $0.457 in 24 Hours
Grass (GRASS), a decentralized data network token, has posted significant gains on March 16, 2026, surging 22.9% in the past 24 hours to reach $0.456788. The rally comes alongside substantial trading volume of $19.46 million and a market capitalization of $247.3 million, placing the token at rank #158 by market cap.
Price Action and Volume Surge
The token reached an intraday high of $0.456, up from a 24-hour low of $0.364, representing a price swing of over 25%. The substantial price movement was accompanied by heavy trading activity, with volume figures indicating strong market participation.
In the past hour alone, GRASS has added an additional 5.9%, suggesting continued bullish momentum. The market cap increased by $45.4 million in the 24-hour period, reflecting a 22.5% gain in total valuation.
Extended Rally Continues
The recent surge represents part of a broader uptrend for Grass. Over the past week, the token has gained 36.2%, while 30-day performance shows an exceptional 110% increase. This extended rally has pushed GRASS significantly above its all-time low of $0.167, recorded on February 6, 2026, marking a 173% recovery from those levels.
Currently, 542.2 million GRASS tokens are in circulation out of a maximum supply of 1 billion tokens, representing approximately 54% of total supply. The fully diluted valuation stands at $456 million.
Market Context
Despite the impressive recent gains, GRASS remains 88.3% below its all-time high of $3.89, reached on November 8, 2024. The token has shown significant volatility since launch, with the current price action suggesting renewed interest in the project.
The decentralized data network sector has seen increased attention from investors in recent weeks, with Grass positioning itself as a key player in this emerging market segment. The project enables users to share unused internet bandwidth in exchange for token rewards.
As of 22:44 UTC on March 16, 2026, GRASS continues to trade with strong momentum, though traders should note the inherent volatility in cryptocurrency markets and exercise appropriate risk management.
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