Grass is showing a rare burst of strength after one of the toughest drops of the year. The Solana-based DePIN and AI data token jumped about +25% in the past 24 hours and traded near $0.34 on November 19.
The move comes after GRASS lost nearly half its value in a month, weighed down by a broad market slump and a large token unlock.
The wider market has erased more than $1 trillion in six weeks, and many traders are trying to figure out whether this recovery has legs or if it’s only a brief pause in the downtrend. For now, GRASS is holding its gains.
Coingecko data shows the token trading near $0.34, with the 24-hour volume sitting around $53M, while market value stands near $80M.
The question now is whether the project can steady itself after weeks of pressure.
The rebound is catching attention because the wider market is still under heavy pressure. Over the past six weeks, crypto has shed roughly $1–$1.2 trillion in value. Traders point to weaker risk appetite, fears of a tech and AI bubble, and doubts about US rate cuts as the main drivers of the slide.
Even so, Grass supporters say the project’s core story looks stronger than the chart suggests. Grass calls itself “a network of millions of people who are earning rewards for sharing unused internet bandwidth.”
Users install a browser extension or app, let verified institutions route traffic through their idle connection, and earn points that convert into token rewards.
GRASS Price Prediction: Is GRASS Showing Early Signs of a Trend Reversal After Its Long Decline?
A recent OKX research note describes GRASS as a Solana-based DePIN token built around this model.
It says the network turns leftover bandwidth into a tool for collecting public web data used in AI training, giving Grass a decentralized role in a field often controlled by large web-crawling systems.
The GRASS/USDT 4-hour chart shows the token trying to steady itself after months of decline.
The drop from its mid-year peak above $2.50 pushed the price toward the $0.30 area, where it finally found some support.
That keeps the broader trend on the bearish side. But the price has moved slightly above both of these averages, which signals that buyers are at least trying to shift the momentum. Volume has picked up to 3.99M. That shows some interest returning at these levels.
GRASS now needs to hold above $0.35 and close with steady strength if it wants to build a clearer recovery. If it fails to stay above that zone, the chart leaves room for another move back toward $0.30.
