GRASS is leading the infrastructure sector with daily gains of more than 27%. It’s not only the leading sector in terms of gains but also the most trendy on CoinGecko.
The sector has been in a general uptrend since January 2025, though it has also faced downturns experienced in crypto markets.
‘Infrastructure supercycle’ lifts GRASS price
GRASS rose by double digits amid heightening sentiments of an ongoing ‘infrastructure supercycle’ along with other tokens. The altcoin led the DePIN revolution alongside Helium [HNT], Akash Network [AKT], and Filecoin [FIL], among others.
The sector’s stabilized revenue hit a two-year high of $2.50 million, with the cumulative total at $30 million. For March and April, DePIN networks recorded about $3 million in revenue.
Other infrastructure sub-sectors that were bullish included RWA, Core Backbone, and AI Agents and Compute. Apart from capitalizing on the sector-wide performance, GRASS sentiment signals were bullish.
Institutions, whales, and retail were all bullish, while the top 10% holders and all influencers were neutral. Even with that, the market trend of GRASS remained bearish.
Additionally, the daily trading volume of GRASS surged by about 256%, reaching $52 million. This indicated high speculative trading, backed by supercycle sentiments.
GRASS attempts multi-month breakout
On the charts, GRASS was attempting to break away from a multi-month consolidation pattern. Since October 2025, the altcoin has been trading inside an inverted head-and-shoulders.
Currently, the altcoin is around the neckline of the pattern at the $0.46 level. A break above this level could push GRASS toward $0.6555, the high since last November.
The MACD is showing the altcoin is entering a bullish phase after the crossover. The Net Volume is at 23.27 million, indicating buying is exceeding selling. However, it was very low.
If bulls fail to surpass the neckline, the accumulation trend may continue. As a result, GRASS may drop to around $0.25 or $0.16, which are key levels of the pattern.
Why is the risk high?
While the altcoin is trending higher, traders should be wary of the risks involved in trading it.
The top 100 holders were controlling about 96.7% of the supply. For the top 10 holders, they held about 55.96%. On top of that, a single wallet address held well over 287 million GRASS valued at $130 million, representing 28.73% of the supply. Hence, the token was ranked high risk.
Furthermore, holders also declined from 330.09K to 328.71K this month despite the price strength. This was an indication that some holders were slowly losing confidence in the project or potentially taking profit or cutting their losses.
GRASS is down about 89% from its ATH of $3.90.
Final Summary
- GRASS rose 27% amid ongoing infrastructure supercycle talks and bullish sentiments among retailers and large holders.
- Price was attempting to break above a key level, which would flip the structure bullish, but there was still risk.
