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Messari report: Gravity is expected to go live on the mainnet in Q4 2025

Recently, Messari released an in-depth report on Galxe, the Web3 super app. The report highlights Galxe's significant growth in authentication, community engagement, and real-time AI-powered cryptographic insights through its comprehensive offerings such as Galxe Passport, Galxe Quest, Galxe Identity Protocol, Galxe Score, and Alva, an AI-driven cryptographic insights tool, and services. The Galxe ecosystem is experiencing explosive growth. As of the third quarter of 2024, Galxe has issued 362,000 credentials. Galxe users have grown from 2.60 million in the fourth quarter of 2023 to 10 million in the third quarter of 2024, an increase of 287%. Accumulated 31.40 million unique active users. More than 6,500 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 mainnet, there are 25.20 million wallet addresses and average daily 799,000 transaction volume. Gravity is expected to officially launch the mainnet in Q4 2025. In July 2024, Galxe announced that it will upgrade its token GAL to G at a 1:60 ratio. The new token G will serve as the native gas token of the Gravity network, while supporting multiple functions of the ecosystem, including staking, governance, and platform transaction fee payment. As of now, 7.20 billion G tokens have been completed in circulation (accounting for 60.3% of the total supply).