Gate News, March 16 — According to Gate Market Data, as of press time, G (Gravity by Galxe) is trading at $0.00441016, up 29.18% in the past 24 hours. The highest price reached $0.00450987, while the lowest dipped to $0.00317546. The 24-hour trading volume is $32.6 million. The current market cap is approximately $46.7 million, an increase of $10.6 million from yesterday.
Gravity is a high-performance Layer 1 blockchain built by Galxe, designed for large-scale adoption. The network achieves over 1,000 Giga gas/sec throughput and sub-second finality through pipelined AptosBFT consensus engine and Grevm (Gravity EVM) parallel EVM runtime, while maintaining PoS security via re-staking technology. Gravity has served over 25 million users and features EVM compatibility, cross-chain intent protocols, and native omnichain capabilities, aiming to provide innovative infrastructure solutions for Web3 developers.
Recent Major Updates on G (Gravity):
1️⃣ Domain Name Service Launch Drives Ecosystem Development
Gravity launched the G Domain Name Service (G DNS), transforming decentralized Web3 identity recognition systems. This feature enhances the platform’s ecosystem, providing users with identity management tools, increasing network utility and user engagement, serving as a fundamental factor behind the recent price increase.
2️⃣ On-Chain Activity Reaches Key Milestone
The daily on-chain transaction volume of G Coin has surpassed 1 million transactions, reflecting the growing scale of network application and user participation. This metric directly indicates increased ecosystem activity, validating Gravity’s value as a high-performance public chain in real-world adoption and bolstering market confidence.
3️⃣ PlayFinance Collaboration Boosts Market Enthusiasm
PlayFinance announced a G Coin token generation event scheduled for March 18. Expectations around this event and market enthusiasm have recently driven upward momentum. As the event approaches, concentrated market participation and attention have pushed transaction volume and price upward simultaneously.
This price increase reflects the combined effect of concrete progress in Gravity’s ecosystem development and rising market recognition. However, investors should remain aware of the inherent volatility risks in the crypto market.
This message is not investment advice. Please be cautious of market fluctuations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (April 16): Tether may have purchased 951 BTC; Virginia enacts crypto property law
Bitcoin continues to rise, reaching $74,630. Tether uses its profits to buy 951 bitcoins. Virginia passes an unclaimed property law, requiring idle cryptocurrency to be transferred to the state government. U.S. stocks are driven by tech stocks, and the S&P 500 index hits a new high. Crypto market dynamics show that investors are paying attention to geopolitical conditions and U.S. monetary policy.
MarketWhisper3h ago
Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards
Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.
GateNews21h ago
XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8
Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.
MarketWhisper04-15 02:58
Gate Daily Report (April 15): X launched Cashtags to provide encrypted financial data functionality; Bitcoin halving has completed 50%
Bitcoin (BTC) continues to rise, reaching $74,670 on April 15. On the X platform, Cashtags were launched in the United States and Canada, integrating real-time financial data and trading. With the Bitcoin halving underway, there are only 105,000 blocks left until the next reward halving. Market sentiment is optimistic, and the US stock market also recorded gains. Among various crypto-news updates, the ARIA token price has crashed, and events such as Virginia’s new law incorporating digital assets have been reported.
MarketWhisper04-15 01:48
X Product Chief Hints at Crypto Feature Launch as Platform Cleans Up Bot Activity
Nikita Bier from Elon Musk's X hinted at a possible crypto-related product launch amid Bitcoin's recovery, stimulating discussions on potential payment and trading features. X Money, a peer-to-peer service, is set for early public access but lacks confirmed crypto features.
GateNews04-14 17:12
