What’s Been Happening with Gravity
Gravity is the native token powering Galxe’s Layer-1 omnichain blockchain, and it’s been making some serious technical progress lately. Back on March 3, 2025, Galxe dropped Grevm 2.0—a major upgrade to its EVM execution engine. The result? Gravity hit somewhere between 7,000 and 8,000 transactions per second in its Devnet 1.0 environment, with transactions finalizing in under a second. To put that in perspective, Ethereum manages around 300-400 TPS under similar conditions, and Solana typically handles 3,000-4,000 TPS. The team built Gravity using Aptos-style architecture and expects it to eventually average around 10,000 TPS.
Beyond raw speed, Galxe is trying to build out a real ecosystem. They’ve set up developer grants, ecosystem funds, and released an SDK to make it easier for people to build apps on Gravity. It’s still early days, but the intent is clear—they want both technical performance and actual adoption. That said, there’s a notable risk factor worth mentioning: the top five wallets reportedly hold over 70% of the total token supply. That kind of concentration can lead to sudden price swings and raises some questions about governance and control.
Current Price Action and Technical Picture
Right now, G/USDT is trading at roughly 0.0044368, down about 1.85% over the last 24 hours. The technical signals aren’t looking great—most timeframes are pointing toward bearish momentum. The RSI is sitting below 40, which typically indicates weak buying pressure. Moving averages across the board—whether you’re looking at the 5-day, 20-day, 50-day, or even 200-day—are all flashing sell signals with little sign of a turnaround.
The MACD line is running below its signal line on both short and medium timeframes, reinforcing that bearish trend. Pivot point analysis puts daily resistance somewhere between 0.00450 and 0.00460, with support hanging around 0.00430 to 0.00434. The current price is hovering just above that first support level, which means if it breaks down, we could see further drops.
Where Things Could Go from Here
The Bull Case: What Would Need to Happen
For the price to reverse and head higher, a few things need to line up. First, G would need to break and hold above the 200-day EMA, which is currently sitting around 0.00530. From there, pushing past previous highs in the 0.00550 to 0.00600 range—and especially clearing that spike around 0.00680—would be critical for changing the overall sentiment. We’d also need to see sustained volume backing any move up, not just a quick spike. Finally, technical indicators like the MACD would need to flip positive and confirm that momentum is actually shifting.
The Bear Case: Downside Risks
On the flip side, if G can’t hold above that pivot support near 0.00434, we could easily see a slide down toward 0.00420 or lower. Broader crypto market weakness—especially if Bitcoin continues to dominate and uncertainty around regulations persists—could put extra pressure on smaller tokens like G. And don’t forget about that supply concentration issue. If one or more of those big wallets decide to sell, even modest negative signals could turn into sharp drops.
Short-Term Outlook
Looking ahead over the next few weeks, the most realistic scenario is probably more sideways action with a slight downward tilt, unless something changes. I’d expect G to trade between 0.00420 and 0.00500, testing resistance around 0.00450 to 0.00460. If that resistance holds and the bearish signals persist, we’ll likely drift back toward 0.00420 to 0.00430.
Now, if bullish momentum does show up—maybe from strong ecosystem news, a surge in volume, or some other catalyst—G could make a run toward 0.00600 over the medium term. But based on what the charts are saying right now, that feels like the less likely outcome. The bias remains neutral to bearish until we get clear evidence that the downtrend is over.
