GRAM rebounds 20% in early July as July 27 unlock of 2.80 million tokens looms
AI Market Summary
GRAM has rebounded ~20% off June lows, but near-term positioning is dominated by a July 27 unlock of 2.8M tokens (~$5.04M), which can add transient sell pressure and volatility. Price focus is on the $2.27 resistance as a barometer of demand into the unlock. Offsetting the supply overhang, on-chain activity and address growth remain strong, supporting the fundamental narrative.
Impact level
● Medium
Affected assets
GRAMTON/USDT+5.44%
AI Insight · GRAMTON/USDTAI Insight
● Neutral
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GRAM rose 20% in early July from its June low of $1.48, with $2.27 seen as the key resistance and a break potentially opening a move toward $3.48. A token unlock scheduled for July 27 could add supply pressure, with 2.80 million GRAM worth about $5.04 million set to be released, according to Coinglass data. On-chain metrics point to steady network activity, including 3.17 billion total transactions, nearly 3 million transactions per day on average, and addresses rising from 175 million in March to 187 million in July.
