Core technologies include Zero-Knowledge Proofs (ZKP), staking-based architecture, and advanced consensus mechanisms, ensuring both security and cost efficiency. Users can perform cross-chain transactions without dealing with technical complexities.

Gravity will integrate with the Galxe ecosystem, supporting existing products such as Quest, Compass, Passport, Score, Alva, and Identity Protocol. It’s expected to reach over 60 million monthly transactions, leveraging Galxe 20 million-user base to deliver full-chain abstraction—making Web3 interactions easier for users and developers alike.

Founding Team

Gravity is developed by the founders of Galxe:

• Charles Wayn
• Harry Zhang
• Xinlu C

This experienced team aims to make Gravity the foundational infrastructure of the Galxe ecosystem—scalable, secure, and efficient.

Key Partnerships

1. Galxe Ecosystem Integration
Gravity will launch with full integration across Galxe’s suite of products, expecting over 60 million monthly transactions and positioning itself among the most active chains.

2. Gravity Ecosystem VC Alliance ($50M)
A $50 million initiative backed by top VCs to support builders developing on Gravity, offering access to an extensive investor network.

3. Restaking Partnerships
Gravity will integrate with Babylon and EigenLayer to enhance network security and PoS restaking.

Project Vision

Gravity simplifies cross-chain operations for Web3 users, allowing them to manage assets across multiple blockchains from one platform with complete security.

How It Works

• Omnichain Transactions: Fast and secure transfers across multiple chains.

• Intent-Based Transactions: Execute desired outcomes without technical complexity.

• Gas Abstraction: Transaction batching and gas sponsorship for smoother UX.

• Loyalty Points: All Galxe Quest loyalty points migrate on-chain to Gravity.

GAL to G Token Migration

Approved under Galxe DAO proposals GP-25 and GP-30, GAL tokens are migrating to G on Gravity.

• Ratio: 1 GAL → 60 G
• Portal: g.xyz/GAL-G-Portal (opened July 9, 2024, active for at least 1 year)
• Wallets: Manual migration for self-custodial wallets like MetaMask.
• CEX: Automatic migration for supported exchanges.
• Staking: Galxe staking platform conversions automated post-July 19, 2024.

G Token Overview

• Token Name: Gravity
• Symbol: G
• Total Supply: 12B G
• Circulating Supply: 10.17B G
• Standard: ERC-20 & Native Token

Use Cases:

• Staking: Secure the network, participate in governance, and earn rewards.
• Governance: Transparent decision-making via G DAO.
• Transactions: Used as gas for all on-chain activity.
• Payments: Used across Galxe apps for payments and rewards.

Ecosystem Incentives

• Galxe Shop: Cashback rewards for online shopping.

• Galxe Earn: Access to partner airdrops and exclusive incentives.

Governance

Gravity operates under G DAO, enabling token holders to vote on upgrades, funding, and ecosystem strategies.

Roadmap

• Alpha Mainnet: Launched June 2024 using Arbitrum Nitro (Ethereum rollup).

• Mainnet: Scheduled for Q2 2025, featuring restaking-based PoS and Reth EVM engine.

About Galxe

Galxe is a decentralized Web3 super app with over 31 million users. Using Gravity’s infrastructure, it powers identity verification, AI-based analytics, rewards, and token distribution across its suite of products.

Ecosystem Overview

Gravity integrates directly with Galxe’s applications including Quest, Compass, Passport, Score, Alva, and Identity Protocol—serving over 20 million users with seamless Web3 interaction.

Key Features

• Omnichain transactions
• Intent-based and gas abstraction system
• High performance and fast finality
• ZKP security and PoS restaking
• EVM compatibility
• Loyalty points and on-chain quests

Official Links

• Website
• Twitter
• Telegram
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Gravity (G)? appeared first on Coin Engineer.

Key Key Revelations and Details

• SUI (Sui) – SUI 378,060 ($1.07 million) – Market Cap Impact: 0.01
• WLD (Worldcoin) – 3.42 million WLD ($3.73 million) – Market Cap Impact: 0.32
• SEI (Sei) – SEI 5.24 million ($1.30 million) – Market Cap Impact: 0.11
• TIA (Celestia) – TIA 998,404 ($4.16 million) – Market Cap Impact: 0.19
• G (Gravity) – G60.22 million ($1.20 million) – Market Cap Impact: 0.83
• ENA (Ethena) – ENA 2.06 billion ($818.81 million) – Market Cap Impact: 65.93
• JTO (Jito) – JTO 16.41 million ($39.38 million) – Market Cap Impact: 5.48
• BERA (Berachain) – 161 million BERA ($1.35 million) – Market Cap Impact: 0.15%
• MOVE (Movement) – 50.85 million MOVE ($22.82 million) – Market Cap Impact: 2.12
• GMT (GMT Token) – 81.67 million GMT ($4.81 million) – Market Cap Impact: 3.03

Possible Market Impacts

Among the most notable of the upcoming lock openings are ENA (Ethena) and JTO (Jito). Ethena’s opening, representing 65.93% of its total supply, could create significant selling pressure. This is seen as a large opening that could create a serious volatility on the market.

On the other hand, Jito’s 5.48% and MOVE’s 2.12% have a moderate impact. High supply growth may cause prices to fall in the short term.

Lower-impact expansions such as SUI, SEI and TIA may cause slight price movements. However, due to the volume and investor interest in these tokens, they are not expected to create a major selling pressure.

Investors try to anticipate market movements by tracking major token lock expansions in advance. During periods of high selling pressure, volume and trading data should be closely monitored to minimize the impact of openings.

In the coming days, market movements of these tokens should be carefully monitored and measures should be taken against volatility.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Major Token Unlocks Taking Place This Week: March 2-9 appeared first on Coin Engineer.

As part of the Galxe ecosystem, Gravity employs zero-knowledge proof (zk-proof) systems and the latest consensus mechanisms. It is also compatible with the Ethereum Virtual Machine (EVM), allowing decentralized applications (dApps) built on Ethereum to easily utilize the Gravity blockchain.

In this article, we will answer questions such as “How does Gravity work?”, “What is G Token?”, “What is the supply of G Token?”, and “Where can you buy G Token?”.

The G Token Project

Considered one of the top Web3 coins, G Token is the native cryptocurrency of the Gravity blockchain. It serves as a utility token for both the Gravity blockchain and the Galxe ecosystem.

Transaction fees (gas fees) on the Gravity network are paid using G Token. It can also be staked to earn rewards through the network’s Proof-of-Stake (PoS) consensus mechanism.

G Token also functions as the cryptocurrency for the Galxe platform. As part of this, the previous GAL tokens of Galxe have been converted to G Tokens on a 1:1 basis. G Token inherits all functionalities previously held by GAL Token.

Founders of the Gravity Project

Gravity (G) was developed by Charles Wayn, Harry Zhang, and Xinlu C, the founders of Galxe.

G Token Statistics

The total supply of G Token is set at 12 billion.

How Does the Gravity Blockchain Work?

Gravity (G) uses a PoS consensus protocol designed to maximize the capacity of its high-performance, fast-settlement network. This protocol enables decentralized applications (dApps) on different blockchains to use Gravity as a consensus layer for their transactions.

One of the unique aspects of Gravity’s PoS consensus mechanism is its use of protocols like Babylon and EigenLayer, allowing G Tokens to be restaked.

What Makes the Gravity Project Unique?

Created by the Galxe project, Gravity aims to provide scalable, high-speed, truly efficient, and secure infrastructure for the Web3 ecosystem. What sets it apart from other smart contract-enabled platforms is its promise of cross-chain interoperability within a scalable framework and the ability to restake within its consensus mechanism. These features position Gravity among the top Layer-1 networks.

How to Buy G Coin?

G Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange.

To purchase G Coin, you first need to sign up for a Binance account. After completing the registration process, you’ll need to transfer funds to your Binance wallet, either in cryptocurrency or fiat currency like Turkish Lira. Once the transfer is complete, you can purchase G Coin from the available trading pairs.

To buy G/USDT, navigate to the trading interface for this pair. Enter the amount you wish to purchase in the limit section and complete the purchase by placing a “Buy G” order.

This way, you can buy G Coin through a reliable platform like Binance and become part of the G ecosystem.

G Token Commentary

Gravity (G) is a Layer-1 network that offers significant advantages for decentralized applications (dApps), with its promise of high scalability and compatibility with multiple blockchains, including Ethereum. The G Token, the platform’s cryptocurrency, also serves as the native token of the Galxe platform. Today, G Token is considered one of the top Layer-1 tokens and a promising altcoin with significant future potential.

Frequently Asked Questions About Gravity (G)

What is Gravity?

Gravity (G) is a cross-chain-compatible Layer-1 blockchain network that supports smart contracts.

Where is G Token Used?

G Token is used to pay transaction fees on the Gravity blockchain, reward validators, and within the Galxe ecosystem.

Which Network Does G Token Operate On?

G Token is built on both the Ethereum and BNB Chain networks.

What is the Total Supply of G Token?

The total supply of G Token is recorded at 12 billion.

Is G Coin or Token?

Although Gravity is a Layer-1 network, G is a token, not a coin.

The post What is G Coin? Gravity (G) Project Overview appeared first on Coin Engineer.

Spot trading for G/USDT and G/TRY pairs has commenced on July 19, 2024, at 08:00 UTC. Spot Copy Trading users can incorporate these pairs into their portfolios by activating them in the Personal Pair Preference section of the Spot Copy Trading settings.

Binance Expands Gravity (G) Support Across Platforms

Binance is thrilled to announce the integration of Gravity (G) into its Simple Earn, Buy Crypto, and Convert services. Furthermore, G will be available on Binance Margin starting July 19, 2024, at 10:00 UTC, and on Binance Auto-Invest from July 22, 2024, at 10:00 UTC.

You can present your own thoughts as comments about the topic. Moreover, you can follow us on Telegram and YouTube channels for this kind of news.

The post Binance Completes Galxe (GAL) to Gravity (G) Token Swap and Rebranding appeared first on Coin Engineer.

Gravity Blockchain and Its Features

Gravity, according to a statement, will simplify cross-chain interactions using zero-knowledge proofs for efficient verification.

The blockchain will enable the abstract underlying complexity of cross-chain transaction settlements as well as multi-chain asset management.

Along with the Jolteon (AptosBFT) consensus algorithm, this proof-of-stake blockchain will be compatible with the Ethereum Virtual Machine (EVM) and run Reth as its execution layer.

To optimize Galxe’s huge user base, Gravity will be included in its current range of products, including Quest, Compass, Passport, and the Galxe Identity Protocol.

This Might Interest You: Analyzing EigenLayer’s Post-EIGEN Airdrop Daily Flows

Galxe will deploy Gravity in two primary stages. Designed with the Arbitrum Nitro stack, the alpha mainnet is set to be tested preliminarily in June 2024. A fully operational mainnet is projected to be delivered in the second quarter of 2025.

In 2022, Galxe raised $10 million from Multicoin Capital and Dragonfly Capital.

The post Galxe to Launch Gravity: A New Layer 1 Blockchain for Simplified Cross-Chain Interactions appeared first on Coin Engineer.