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GRASS jumps 27% amid infrastructure supercycle buzz, eyes key breakout but risks remain high.

Market News
23 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

GRASS surged over 27% driven by optimism around an ongoing infrastructure supercycle and strong bullish sentiment from retail and large holders. The altcoin is attempting to break above a crucial resistance level at $0.46, which could lead to further gains toward $0.6555. However, risks remain elevated due to high concentration of supply among top holders and a recent decline in overall holders, signaling potential profit-taking or loss-cutting. Despite the price rise, GRASS remains down 89% from its all-time high, highlighting volatility and caution for traders.

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