Messari Report: Gravity is expected to officially launch its mainnet in Q4 2025

Recently, Messari released an in-depth report on the Web3 super app Galxe. The report highlighted that Galxe supports identity verification, community interaction, and real-time AI encryption insights through its comprehensive products such as Galxe Passport (digital passport), Galxe Quest (task platform), Galxe Identity Protocol (identity protocol), Galxe Score (reputation score) and Alva (AI-driven crypto insight tool). These services have significantly contributed to the innovation and adoption of the Web3 ecosystem.

The Galxe ecosystem is experiencing explosive growth. By the third quarter of 2024, Galxe had issued 362,000 certificates. The number of users increased from 2.6 million in Q4 2023 to 10 million in Q3 2024 - a growth rate of 287%, with a total of 31.4 million unique active users. More than 6500 projects have created tasks through Galxe and there are currently around 977 thousand holders of the Glaxe Passport.

Following the launch of its high-performance Layer-1 blockchain Gravity Alpha mainnet, there are now over twenty-five point two million wallet addresses with an average daily transaction volume of seven hundred ninety-nine thousand transactions per day. Gravity is expected to officially launch its mainnet in Q4 of 2025. In July 2024, Glaxe announced that it would upgrade its token GAL at a ratio of one-to-sixty into G tokens which will serve as native Gas tokens for Gravity network while supporting multiple functions within their ecosystem including staking governance and payment for platform transaction fees.
As it stands now G tokens have already completed circulation amounting to seventy-two billion coins accounting for sixty-point three percent out all available supply.