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Messari report: Gravity is expected to officially launch its main network in Q4 2025 "

According to online reports, Messari recently released an in-depth report on Galxe, a Web3 super application. The report highlights that Galxe supports identity verification, community interaction, and real-time AI cryptographic insights and drives significant growth in innovation and adoption in the Web3 ecosystem through its comprehensive products such as Galxe Passport, Galxe Quest, Galxe Identity Protocol, Galxe Score, and Alva. The Galxe ecosystem is experiencing explosive growth. As of the third quarter of 2024, Galxe has issued 362,000 certificates. Galxe users have increased from 2.6 million in the fourth quarter of 2023 to 10 million in the third quarter of 2024, an increase of 287%, with a cumulative number of 31.4 million independent active users. More than 6500 projects have created tasks through Galxe and have 977,000 Galxe Passport holders. With the launch of its high-performance Layer-1 blockchain Gravity Alpha main network, it has 25.2 million wallet addresses and an average daily transaction volume of 799,000. Gravity is expected to officially launch its main network in Q4 2025. In July 2024, Galxe announced that it would upgrade its token GAL to G at a 1:60 ratio. The new token G will serve as a native Gas token for the Gravity network and support multiple functions of the ecosystem, including pledge, governance and platform transaction fee payment. As of now, 7.2 billion G tokens have been circulated (accounting for 60.3% of the total supply).

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