News linked to both this project and an event.
Galxe announced that as the Gravity Alpha mainnet is gradually being shut down, most of its core services have been migrated to the Gravity Layer 1 (L1) network. Due to the 7-day waiting period for unstaking and fund withdrawals, users holding staked G tokens or Smart Savings balances must complete the required operations before 11:00 AM UTC+8 on October 26, 2026.
Gravity announced that the G token experienced significant price deviations on certain exchanges, with spreads exceeding 30% for several consecutive hours and reaching as high as 40%. This issue primarily stems from fragmented liquidity and cross-chain limitations between the Gravity Alpha mainnet and Ethereum. The team is prioritizing solutions to improve the speed and efficiency of cross-chain asset transfers from the Gravity Alpha mainnet to Ethereum.
Gravity Chain has officially announced significant price discrepancies for the G token across various trading platforms, with spreads between some platforms exceeding 30% for several hours, at one point surpassing 40%. This phenomenon is primarily related to liquidity fragmentation and bridging limitations between the Gravity Alpha mainnet and Ethereum. The official team is working on a solution to support users in quickly and securely bridging assets from the Gravity Alpha mainnet to Ethereum, with further updates to be announced. Currently, the G token price on Binance is $0.013, on OKX is $0.008, on the Gravity Alpha mainnet is approximately $0.0037, and on the Ethereum mainnet is approximately $0.012.