Galxe's Gravity blockchain, launched in August 2024, features Grevm 1.0, an open-source parallel Ethereum Virtual Machine (EVM) that processes nearly 800,000 daily transactions. This innovative technology allows multiple transactions to run simultaneously, significantly enhancing speed and efficiency, especially during high-demand periods.The native utility token, G, facilitates transactions and governance within the ecosystem, while users can purchase it on major exchanges like Binance and KuCoin. Looking ahead, Grevm 2.0 is set for release in early 2025, promising further improvements in transaction processing and scalability.
