Grass Season 2 Airdrop Collection Time and Wallet Details: Why did prices fall?

Grass Airdrop holders meeting reveals wallets, collection dates and revenue plans

The item erased two weeks of gains in a single transaction-just after holders received updates they had been waiting for since the end of the first quarter. If you currently hold or are waiting for the second phase, this market reaction tells you information that the announcement itself did not reveal. The vote passed, and the wallet is about to be launched. So why is the trend of tokens moving in the opposite direction? The following is our analysis of this.

What happened at the Grass Token Holders Meeting

On July 7, 2026, the Grass Foundation held a meeting of its holders and network participants to introduce project progress, previous year\'s results, product roadmap and network updates, and then entered the on-site question and answer session. Key data: The Solana-based DePIN project-which pays users by providing AI companies with unused Internet bandwidth-confirmed that it generated approximately $33 million in annualized USDC revenue from AI customers. A accompanying governance poll asked $GRASS token holders whether they should start sharing a portion of this revenue.

In addition to revenue discussions, the team also confirmed allocation details for the second phase of Grass Airdrop, a native in-app unmanaged wallet built specifically to receive second phase rewards, and 10.25 million tokens expected to be unlocked around July 22.

Contents covered by the July 7 Holders and Participants Meeting

The Grass Participants \'Meeting on July 7 revolved around six agenda items: project overview, strategic priorities, previous year\'s results, product roadmap, web updates, and an on-site Q & A session. The leadership first reviewed the growth process from near zero revenue in the first quarter of 2025 to approximately US$33 million in annualized USDC revenue from AI customers at the end of the year, and then turned to a strategic perspective to explore how to allow holders to share part of the revenue through governance voting. On the product side, the team detailed network expansion metrics, including the total amount of data processed and the new AI infrastructure partnership, and then introduced the timeline and eligibility rules for the second phase of the Grass Rewards. The meeting concluded with a preview of the native Grass Wallet-which is positioned as a necessary tool to receive Phase 2 rewards-and a public Q & A session, where the community pressured leadership about payment amounts and token unlocking schedules.

Why is important to traders and airdrop recipients

The token rose nearly 60% in the days leading up to the meeting as traders structured around Grass airdrop pickup news and the possibility of a revenue-sharing vote. This laid the foundation for the classic \"selling facts\" response. Within 24 hours after the meeting, the Grass token price fell 33% to about $0.3473, well below its pre-vote peak of nearly $0.60 and only a fraction of the all-time high of $3.89. The market value is currently close to $266 million.

Key details: date, wallet and collection steps

July 7, 2026: Token holders and network participants meeting, governance voting on revenue sharing; mid-July 2026: Launch of native wallet, a necessary tool to receive Phase 2 rewards; approximately 2026 July 22: Phase 2 airdrop distribution is expected and 10.25 million tokens are unlocked; current spot price: US$0.4215, which is approximately US$0.60 lower than recent highs. Community responses to lower-level rewards have been mixed at best-with multiple veteran users who have been running the app for 19 to 24 months reporting that they have received only low-digit USDC allocations, exacerbating dissatisfaction on social media despite improved broader revenue.

What to focus on next

US$0.42 is a key defense line in the near term; if it falls below US$0.40, it may open up room for further decline, while the market is digesting the governance results and the upcoming token unlocking. In the long run, whether the revenue-sharing mechanism actually delivers significant USDC to holders and how the launch of the Grass Airdrop Inspection Tool and Wallet performs in practice may be more important than this week\'s price fluctuations.

Conclusion

The July 7 meeting gave tangible answers-a revenue base of $33 million, a governance vote and a specific airdrop collection timetable-but the market chose to sell first and ask questions. With the second phase of airdrops and token unlocking both coming around July 22, the next two weeks look more decisive than the meeting itself.

Disclaimer: This article is for information only and does not constitute financial, investment or trading advice. The cryptocurrency market is volatile; the prices and numbers cited in the article are accurate as of release and may change rapidly. Be sure to do your own research and consult a licensed financial adviser before making an investment decision.