Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Altcoin Listed on Major Exchanges Announces Significant Investment: Falling Price Drops Further

Altcoin Listed on Major Exchanges Announces Significant Investment: Falling Price Drops Further

CryptoNewsNetCryptoNewsNet2025/10/07 18:39
By:en.bitcoinsistemi.com

Grass (GRASS), the Decentralized Physical Infrastructure Network (DePIN) project operating within the Solana ecosystem, raised $10 million in a bridge investment round led by Polychain Capital and Tribe Capital. The investment primarily consisted of token purchases.

Grass has previously closed both a seed and Series A funding round. The project aims to allow users to sell their idle internet bandwidth, allowing data to be shared under user control rather than being collected by large corporations for profit.

Altcoin Listed on Major Exchanges Announces Significant Investment: Falling Price Drops Further image 0
The GRASS price, already declining, fell even further following the announcement.

Grass co-founder Andrej Radonjic said in a statement, “Grass is a piece of technology that gives companies access to data at an unprecedented scale. The possibilities that can be built upon it are virtually endless. We plan to develop new solutions, especially around live context.”

According to Radonjic, AI companies currently scrape data to train their models, often using search engines. However, this method is limited by scalability and access barriers. Grass offers an alternative infrastructure that provides internet-scale data access.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ALGO Rises 0.6% as Price Fluctuations Decrease Following a Year of Decline

- Algorand (ALGO) rose 0.6% on Dec 8, 2025, but remains down 60% year-to-date amid prolonged bearish trends. - BitGo filed for a NYSE IPO (ticker BTGO) in Sept 2025, reporting $4.19B H1 2025 revenue and $12.6M net income. - The crypto custodian oversees $90B+ in assets, signaling maturing infrastructure that may indirectly support blockchain ecosystems like Algorand. - Analysts caution ALGO's short-term stability does not indicate a reversal, urging investors to monitor macroeconomic and regulatory risks.

Bitget-RWA2025/12/08 06:36
ALGO Rises 0.6% as Price Fluctuations Decrease Following a Year of Decline
© 2025 Bitget