Grass Token Soars Amid Record Data Scraping

Coin WorldThursday, Feb 27, 2025 3:55 pm ET
1min read

Grass Token Surges Amid Record Data Scraping Activity

In the face of macroeconomic headwinds, Grass Token has emerged as a standout performer in the cryptocurrency market. The token has maintained a three-day rally, reaching a new all-time high of $2.10 on February 23, marking a 122% increase from its year-to-date low. Its market capitalization has surpassed $500 million.

The token's price surge coincides with a dramatic increase in data scraping activity. On February 15, the network set a record high of 1.32 million gigabytes of data scraped in a single day, a colossal leap from the 2,600 gigabytes scraped in the first half of the year. Since its inception, Grass has crawled 4.47 billion URLs and scraped data from 109.7 million IPs, significantly expanding its network capacity.

The latest Grass Sion update has further enhanced the network's capabilities. The update maximized scraping effectiveness, provided scale to horizontal compute, and doubled network processing capacity to 1 petabyte per day.

The company has also announced plans to increase its user base from the current 3 million to 5 million by the end of 2025. To achieve this, Grass Token plans to release a Chrome extension and an independent web application, in addition to the upcoming Sion update.

Technically, the GRASS token has broken above the 25-day moving average, indicating a strong bullish momentum. A megaphone pattern suggests further appreciation, with a breakout above significant resistance at $2.30 potentially pushing the token to its all-time high of $3.9170, a 96% increase from current levels. However, a fall below $1.60 could invalidate the bullish thesis. With rising adoption and ongoing network upgrades, Grass Token is a token to watch in the data scraping landscape.

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