Here is a comprehensive and updated analysis of Gravity (G), focusing on the current price, uses, and ecosystem:
🔹 Current Price and Market Data
Current Price: Ranges between $0.0143 – $0.0145 according to platforms like CoinMarketCap and Binance
24-Hour Trading Volume: Approximately $12 – $22 million
Market Capitalization (Market Cap): About $130 – $141 million with circulating supplies of 9.6 – 9.7 billion G out of 12 billion
Fully Diluted Valuation (FDV): Approximately $170 – $175 million
Summary: G is relatively stable, enjoys reasonable liquidity, and has moderate following (#300 in global ranking) .
⚙️ What is Gravity? And why does it matter?
Gravity (G) is the operating token for the Gravity network, a Layer‑1 protocol supported by Galxe aimed at building a comprehensive and multi-chain Web3 network, with support for ZKP, EVM, and Restaking operations via EigenLayer and Babylon .
G is used to secure the network through Staking, fund transactions as a Gas token, and contribute to governance within the Galxe ecosystem .
📈 Developments and Key Events
Launch of Gravity Devnet and outstanding performance testing results prior to full launch (Mainnet Devnet) .
Technical updates such as Grevm 2.0 that improved performance to achieve execution speeds of less than a second (TPS: 7000–8000), and the Silos v2 system for managing liquidity automatically and providing improved APY with reduced fees and interactions
The Gravity Silos service has demonstrated better performance compared to manual liquidity management on Shadow DEX, with reduced risk exposure and increased returns for users