Grass disappoints users and $GRASS price get hit badly! Will it survive massive exodus of users? Grass ( $GRASS ), a Solana-based DePIN/AI data project (where users share unused bandwidth for rewards), is down sharply today—around 19% in the last 24 hours as of recent data, trading near $0.43 with elevated volume. The primary driver appears to be disappointment from today's (July 7, 2026) Token Holder and Network Participant Call, combined with recent Stage/Season 2 rewards details. Key Factors Behind the Drop: Rewards Shift to USDC, Not GRASS Tokens: The team confirmed rewards for contributors (from bandwidth sharing) are now paid in USDC rather than new GRASS tokens. Many users reported very small payouts (e.g., a few dollars or ~$6–$12 USDC after months/years of running nodes and high referrals), sparking widespread frustration and accusations of low utility or "grift." This reduces immediate demand for the GRASS token itself. No Season 2 Airdrop (or Major Token Distribution): Expectations were high for clarification on a large ~170M GRASS token pool for Season 2. Instead, the call confirmed allocations are finalized but emphasized no new token airdrop, with value accruing to existing GRASS holders via revenue (not direct distributions). This dashed hopes built up ahead of the event. Revenue Updates Positive but Not Enough: The team shared bullish figures—~ $52M H2 2026 revenue projection, $65–75M full-year, and an upcoming Live Context Retrieval product. However, these fundamentals were overshadowed by short-term community backlash over incentives. Pre-Call Build-Up and Sell-Off: The price had rallied into the call on anticipation (e.g., +7–17% in the prior week in some reports). Events like this often lead to "buy the rumor, sell the news" when outcomes underwhelm. Broader token unlock/dilution concerns and market rotation also played a role. @grass #Grass #DePin #AI #crypto