Gravity is an EVM-compatible Layer 1 blockchain built by Galxe. Its native token, G, is used for network gas, governance, ecosystem payments, incentives, and planned network-security functions. G replaced the former GAL token through a 1:60 migration and now serves both the Gravity chain and the Galxe product ecosystem.
Market figures and technical readings in this article are based on the supplied CoinMarketCap screenshot. They are not live data.
Gravity (G) at a Glance
| Item | Detail |
|---|---|
| Token | Gravity |
| Ticker | G |
| Network role | Native token of Gravity L1 |
| Ecosystem role | Utility token for Galxe products |
| Initial maximum supply | 12 billion G |
| Screenshot circulating supply | 11.08 billion G |
| Screenshot price | $0.006994 |
| Screenshot market cap | $77.52 million |
| Screenshot 24-hour volume | $613.47 million |
| Ethereum ERC-20 contract | 0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649 |
| Mainnet status | Gravity L1 is live |
What Is Gravity?
Gravity is a Layer 1 blockchain designed for EVM-compatible applications, cross-chain activity, and applications that need high transaction throughput. It is developed by Galxe, a Web3 growth platform that provides products for user onboarding, identity, campaigns, loyalty programs, and community engagement.
The current Gravity documentation describes the network as a high-performance Layer 1 with a protocol-level oracle. In plain terms, Gravity aims to give applications access to verified external data—such as information from other blockchains, identity providers, DNS, and on-demand requests—without relying only on a separate oracle smart contract.
Gravity combines three core components:
- An EVM execution environment, so Ethereum-compatible contracts and wallets can work with the network.
- Parallel transaction processing through its Gravity Reth and Grevm stack.
- Fast-finality BFT consensus paired with a native data-oracle design.
Gravity states that a live three-validator benchmark sustained roughly 9,500 to 11,000 ERC-20 transfers per second with block times near 200 milliseconds. This is a benchmark result, not a guarantee of mainnet performance under all network conditions. Gravity’s technical documentation provides the design and methodology context.
What Is the G Token?
G is the native asset of Gravity and the utility token used across both Gravity and Galxe.
The G token was created through a transition from GAL, the former Galxe token. The Galxe DAO approved the migration, with each GAL converted into 60 G. The purpose was to create one token for two connected ecosystems: the Gravity blockchain and Galxe’s applications. Galxe’s migration announcement explains the 1:60 conversion and the intended utilities.
G is not a stock, ownership interest, or claim on Galxe revenue. It is a utility and governance token. Its value can change based on network use, supply, liquidity, token unlocks, governance decisions, product adoption, and market conditions.
What Does G Do?
G has several stated uses.
Gas for Gravity Transactions
G is used to pay transaction fees on Gravity. When users or applications submit transactions to the network, gas fees are paid in G.
This is the most direct token utility. If developers and users conduct more activity on Gravity, demand for G as gas may increase. That does not mean price must rise, because token supply and market demand can move independently.
Governance
G holders can participate in governance decisions related to the Gravity and Galxe ecosystems. Governance can include proposals, voting, policy changes, and decisions about ecosystem direction.
Governance value depends on participation and the scope of decisions placed under token-holder control.
Payments in the Galxe Ecosystem
Galxe uses G across applications such as Quest, Passport, Score, Alva, and other product features. The token can be used for fees, incentives, and rewards within the ecosystem.
This gives G a role beyond a standard Layer 1 gas token. Its adoption case depends partly on the level of activity across Galxe products, not only on transactions on the Gravity chain.
Incentives and Rewards
G can support rewards for users, builders, and ecosystem participants. Incentives can help bootstrapping, but they can also create supply pressure if recipients sell their rewards. Users should review reward terms and token-distribution schedules rather than treating any reward campaign as guaranteed value creation.
Staking and Security
Gravity’s original token design included G staking as a way to support network security and governance. However, there is an important current transition detail: the legacy G Staking dashboard is scheduled to sunset on November 1, 2026 as Gravity retires its Alpha Mainnet. Existing users must follow the official migration and unstaking instructions before that date. Gravity’s Alpha-to-L1 transition notice distinguishes this legacy staking sunset from the broader network’s future design.
How Does Gravity Work?
Gravity is designed as an EVM-compatible Layer 1. EVM compatibility means developers can use familiar Ethereum tools, wallets, and smart-contract patterns with fewer changes than they would need on a non-EVM chain.
Its architecture focuses on performance and verified data access.
Parallel EVM Execution
Traditional blockchain execution processes many transactions in sequence. Gravity uses a parallel execution approach through Grevm, its EVM runtime. The aim is to process independent transactions at the same time and reduce bottlenecks.
This matters for applications with many user actions, such as games, onchain markets, loyalty systems, consumer applications, and AI-agent workflows.
Fast-Finality Consensus
Gravity uses an AptosBFT-derived consensus approach. Consensus is the process through which validators agree on the order and validity of transactions.
Fast finality means applications can receive stronger confirmation that a transaction is settled without waiting through long confirmation periods. For end users, this can make a transaction feel more like a normal web interaction.
Native Oracle
Gravity’s native oracle is built at the protocol level rather than added only through application contracts. The stated goal is to let developers bring external information onchain with the same security model as the chain’s consensus.
Potential uses include:
- Cross-chain state verification.
- Price and market data.
- Identity and passkey checks.
- DNS and web-based attestations.
- AI-agent actions that require verified external inputs.
This design is relevant for applications that depend on offchain information. It does not remove all oracle risk. Developers still need to understand data sources, validation rules, and failure modes.
Gravity L1 Mainnet and the Alpha Mainnet Migration
Gravity first launched as an Alpha Mainnet based on an Ethereum rollup stack. The project has since moved to a production Layer 1 network.
Gravity L1 Mainnet is live with chain ID 127001. The old Alpha Mainnet remains operational during a transition period but is scheduled for deprecation. Gravity’s official notice says assets on Alpha Mainnet should be moved to Gravity L1 or Ethereum before November 1, 2026. After that date, remaining assets may no longer be transferable. Official migration notice
This is the most important near-term operational issue for G holders with assets on the legacy network.
Users should not assume all assets use the same exit route. Gravity’s documentation notes that different assets can require different bridge paths and waiting periods. Always use verified official links and check the source and destination network before signing a transaction.
G Tokenomics and Supply
G has an initial maximum supply of 12 billion tokens.
According to the original migration information:
- 10 billion G were initially allocated on Ethereum.
- 2 billion G were initially allocated on BNB Chain.
- G was made available across multiple networks through bridges and token standards.
The screenshot showed:
- 11.08 billion G circulating
- 12 billion G total supply
- 12 billion G maximum supply
- $77.52 million market cap
- $83.93 million fully diluted valuation
The gap between market cap and fully diluted valuation was limited in the screenshot because a large portion of the stated supply was already circulating. Even so, readers should track future unlocks, treasury movements, incentive programs, and bridge-related supply distribution.
Token supply can also look different across chain explorers because bridged tokens, burned tokens, and multi-chain representations may be counted differently. Use the project’s official token documentation and the exact contract address for verification.
G Market Snapshot and Price Context
The CoinMarketCap screenshot showed G at $0.006994, up 85.65% over one week. At the same time, the displayed daily candle showed a decline of 33.09% from its open.
The screenshot’s daily candle data was:
| Metric | Value |
|---|---|
| Open | $0.01049 |
| High | $0.01486 |
| Low | $0.006746 |
| Displayed close | $0.006994 |
This indicates a rapid move higher followed by a large pullback. The 24-hour volume was shown at $613.47 million, more than seven times the market capitalization. That level of turnover can occur during news-driven or momentum-driven trading, but it also signals high volatility.
The first technical reference level is near $0.00700, which matched the displayed ALMA reading. The chart also showed lower areas near $0.00600 and $0.00552. On the upside, the recent high near $0.01486 is the main resistance level from this snapshot.
The CRSI reading was near 18.95, indicating that the short-term selloff had pushed the indicator into a low range. This can signal an oversold condition, but it does not guarantee a reversal. Momentum indicators are less reliable when volume is unusually high and price is moving quickly.
What Are Gravity’s Main Use Cases?
Gravity’s use case is broader than token trading.
AI Agents
Gravity is positioning itself as a settlement and coordination layer for AI agents. The argument is that agents need verified information, low-cost transactions, wallets, identity tools, and rules for interacting with users and other agents.
This remains an adoption thesis. The relevant question is whether developers deploy applications that need this infrastructure and whether those applications attract sustained use.
Onchain Applications With External Data
A native oracle can support markets, prediction tools, identity systems, and cross-chain applications. The key benefit is reducing dependence on separate middleware layers for some data needs.
Consumer Applications
Fast confirmation and EVM compatibility may support consumer-facing applications, including loyalty programs, gaming, identity, and social products. Galxe’s existing product suite gives Gravity an ecosystem connection that many new Layer 1 networks do not start with.
Cross-Chain Transactions
Gravity is also designed to support cross-chain actions and asset movement. Cross-chain activity introduces bridge and operational risk, so users should verify each route and understand settlement times before moving assets.
Key Risks to Consider
Gravity has technical, market, and operational risks.
- Alpha Mainnet migration risk: Assets left on the legacy Alpha network after November 1, 2026 may lose transfer access.
- Bridge risk: Moving G or other assets between chains involves smart contracts, validators, and route-specific procedures.
- Token volatility: The screenshot shows an 85.65% weekly gain alongside a 33.09% daily drop.
- Adoption risk: High-performance infrastructure does not ensure users or developers will adopt it.
- Competition risk: Layer 1 networks compete for developers, liquidity, and users.
- Governance risk: Token holders and designated governance structures can change incentives or policies.
- Smart-contract risk: Wallet approvals, bridges, staking contracts, and token contracts can contain vulnerabilities.
FAQ
Is G the same token as GAL?
G replaced GAL as the unified token for the Gravity and Galxe ecosystems. The published migration ratio was 1 GAL to 60 G.
Is Gravity a Layer 1 or a Layer 2?
Gravity L1 is the current production network. The prior Gravity Alpha Mainnet was an Ethereum rollup environment and is being deprecated.
What is G used for?
G is used for Gravity transaction fees, governance, Galxe ecosystem payments, incentives, and network-related functions.
What should users do with G on Gravity Alpha Mainnet?
According to Gravity’s official guidance, users should bridge assets out of Alpha Mainnet before November 1, 2026 and follow the verified migration instructions.
Is G a good investment?
G is a crypto asset with material price, liquidity, technology, and migration risks. Its long-term value depends on Gravity and Galxe adoption, not on a single week of price movement.
