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The @arbitrum economy is growing ⛓️📈 Quick takeaways: - Quarterly GDP trending up, Q4 '24 ~$90m - All time GDP is closing in on $1b - Biggest contributor to GDP: @GMX_IO - Top market sectors: derivs, DEXs, lending, bridges Chain GDP = sum of application fees

✳️What is Bitcoin price going to do next? — Bear trap, bottom, or oversold bounce? ➡️Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week’s double-digit drawdown. ➡️The Bitcoin bounce to $85,000 on Feb. 28 had traders hopeful that a bottom was in could be in peril after $BTC   ➡️Data from TRDR.io shows Bitcoin received a strong spot bid as the price fell to a 2025 low at $78,300, but what is yet to be seen is whether or not bulls will be able to provide enough purchasing volume to sustain their current momentum. most likely path forward for Bitcoin is range building in the $72,000 to $85,000 range for a number of weeks. 

As the other crypto coins are in a mess following macroeconomic occurrences, a coin is running away with events. Grass token has maintained its three-day rally, reaching its new all-time high on February 23 when network activity volumes on the site increased. The token hit a price of $2.10, which marks a 122% increase compared to its year-to-date lowest price, while its market value is over $500 million. The rate increase follows the dramatic surge of daily scraped data. For the first time, it hit 1 million gigabytes on February 15, setting a record high at 1.32 million gigabytes on Wednesday—a colossus leap from meager 2,600 gigabytes in the first half of this year. In its entire history, Grass has crawled 4.47 billion URLs and scraped data from 109.7 million IPs, expanding its network capacity. The latest Grass Sion update also included the improvements, which maximized the effectiveness of scraping, provided scale to horizontal compute, and doubled network process capacity to 1 petabyte per day. Grass Sion Upgrade– Network upgrade that significantly enhances @getgrass_io network's capability to scrape and process multimodal web data (text, images, and 4K video) at scale.– Improved scraping algorithms without additional compute, leading to a major increase in data… pic.twitter.com/yE6ZFU5VMB — R (@Ren_gmi) February 6, 2025 Strategic Enhancements and Roadmap Token users increased from a small 200,000 post-2024 to almost 3 million. So this would push the company to make more Sion updates for 2025. Grass token’s next Sion update would be included in the master plan. Apart from the Sion Update, the company would also create a Chrome extension so that users have an easy path towards features, and even come out with an independent web application. Price Outlook: Bullish Momentum Continues Source: Twitter Technically, the GRASS token jumped above the 25-day moving average, indicating strength. Megaphone pattern creation—delineated by diverging trendlines—represents possible further appreciation. A breakout above significant resistance at $2.30 can push the token to its all-time high price of $3.9170, a 96% hike from levels currently. But if prices fall below $1.60, the bull thesis is shattered. With rising adoption and ongoing network upgrades, Grass is a token to monitor in data scraping land. The post Grass Token Rises as Data Scraping Reaches Record Highs appeared first on Coinfomania.

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@virtuals_io Alpha Base Index $ABX