Eclipse Announces Secure Progress on Ethereum's SVM Layer 2

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Apr 13 2025

GRASS-0.43%

ES-3.03%

Should l Buy GRASS?

Eclipse's Development Milestone: Eclipse has achieved a significant milestone in its Ethereum Layer 2 project by completing the Grass points snapshot, aiming to combine Solana's speed with Ethereum's security and enhance cross-chain compatibility for decentralized applications (dApps).
Market Impact and Community Response: The integration is expected to positively influence the DeFi and gaming sectors, with strong support from developers and increased GitHub activity, as it offers flexibility in dApp development while bridging the gap between the Solana and Ethereum ecosystems.

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Technical Analysis for GRASS

Technical Sentiment Analysis for Grass (GRASS) As of , Grass (GRASS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GRASS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, GRASS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Grass (GRASS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0803	0.121	0.161	0.202	0.242	0.283	0.323
Fibonacci	0.121	0.152	0.171	0.202	0.233	0.252	0.283

About GRASS

Grass is building the first open internet scale web crawl. Today, the network is powered by over 3 million users who are running nodes to scrape petabytes of data for AI models.Only two companies in the world are capable of crawling the entire web, and this capability has been the backbone of their multi-trillion dollar businesses. Grass aims to replace them by creating the first ever user owned knowledge graph of the entire internet.How to Claim the Grass Airdrop: A Comprehensive Guide

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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