## Overview of Gravity (G)
Gravity (G) is the native token of the Gravity Layer-1 blockchain, launched in July 2024 as a successor to Galxe, which previously operated on Ethereum. The platform uses Orbit Stack with Arbitrum Nitro technology and Zero-Knowledge Proofs (ZKP) for scalability, low fees, and privacy. Gravity is focused on mass adoption of Web3, simplifying multi-chain interactions through XCM and supporting dApps, DeFi, NFTs, and digital identity. The G token is used for:
- Transaction fees (gas).
- Staking to secure the network.
- Governance through Gravity DAO and the Galxe ecosystem (Quest, Passport, Score).
The project is supported by Binance Launchpool, Spartan Group, DWF Labs, and integrated with Cosmos, Ethereum, Solana.
- Price (July 10, 2025): ~$0.0116–$0.0122 (CoinMarketCap, Coinbase, Binance).
- Market Capitalization: ~$108–$112.58 million (rank ~296–458).
- Trading Volume (24h): ~$6.26–$22.87 million, down 14.34% in a day.
- News:
- Launch of GUNZ Wallet 2.0 for NFT and GameFi (Q2 2025).
- Campaign on Binance Simple Earn with yields up to 12% APR (June 26 – July 26, 2025).
- Participation of the Gravity Team in Hedgeweek Digital Assets Summit Europe 2025 (June 5, 2025) to discuss liquidity.
- Negative: cyberattack with fake wallets (July 4, 2025) increased pressure on the price.
- Bullish Sentiment on X: 60% of posts praise Web3 potential, but activity is low (@Galxe).
## Technical Analysis
- Current Situation: The price of G has dropped by 72–75% from ATH ($0.043–$0.0471, December 2024) and is trading at $0.0116–$0.0122, with an increase of 4–10.05% in 24 hours but a decrease of 7.82% over 7 days. A descending triangle is visible on the daily chart, with support at $0.010 and resistance at $0.013. The RSI is neutral, a bounce is possible.
- Key Levels:
- Support: $0.010–$0.011 (50-day SMA, 0.618 Fib).
- Resistance: $0.013, then $0.015.
- Indicators:
- RSI (daily): ~35–40, neutral zone, close to oversold.
- MACD: Bearish, but histogram narrowing indicates weakening pressure.
- SMA: Price below 50-day SMA ($0.0149) and 200-day ($0.0257).
- Volumes: Decreased from $38.26 million (7 days) to $6.26–$22.87 million, but increased activity on Binance ($4.6 million for G/USDT).
- Chart: The price is testing $0.0116 in a descending triangle. A close above $0.013 could lift the price to $0.015, while a break below $0.010 would exacerbate the decline to $0.008. Check on TradingView (G/USDT) or CoinMarketCap.
## Fundamental Factors
- Positive:
- Technologies: Orbit Stack, Arbitrum Nitro, and ZKP provide scalability and privacy.
- Galxe Ecosystem: support for Quest, Passport, Score for Web3 identity and dApps.
- Supported by Binance Launchpool, Spartan Group, and listed on Coinbase, MEXC, KuCoin.
- TVL: ~$50 million, growth in the number of dApps (OISY wallet, Kinic).
- Risks:
- Volatility: down 7.82% over 7 days, cyberattack undermined confidence (July 4, 2025).
- Competition with Polkadot, Cosmos, Solana in the multi-chain segment.
- Token Unlocking: 9.07–9.68 billion in circulation out of 12 billion, selling pressure may occur.
- Low activity on X: #4458 by mentions, lack of news.
## Recommendations
- For Traders: Buy when holding at $0.011 (target $0.013–$0.015, stop-loss $0.010). Sell when breaking below $0.010 (target $0.008). Watch for volumes and cybersecurity news.
- For Investors: Growth potential is linked to Web3 and multi-chain integrations, but cyberattacks and competition pose risks. Look for news on TVL and new dApps.
- Monitoring: Follow on X (@Galxe, @GravityTeam) and charts on TradingView.