The token price is up nearly 10% today, clawing back ground just one day after its biggest holders' call of the year. For anyone holding or waiting on a Stage 2 payout, that bounce raises a real question: is this recovery, or just a pause?
The claim date is now locked in — but what's driving today's rally isn't what most traders are focused on. Here's what's actually behind the move.
On July 7, 2026, the Grass Foundation hosted its Token Holder and Network Participant Call, covering a project overview, prior-year results, the product roadmap, network updates, and a live Q&A on submitted questions.
The team also confirmed the Grass airdrop Stage 2 rewards structure, a native in-app non-custodial wallet built specifically for claiming those rewards, and a token unlock of roughly $10.25 million expected around July 22.

Source: Official Post
The price had rallied close to 60% in the days leading into the call as traders positioned around the Grass token holders call and the chance of a revenue-sharing vote — classic setup for a "sell the news" move.
Within 24 hours, GRASS Token price fell roughly 30–35%, retreating from a pre-call peak near $0.60 toward the $0.35 range — a fraction of its all-time high near $3.89.
The token then recovered about 10% the following day, trading near $0.385–$0.39 with a market cap around $94 million and 24-hour volume near $47 million.
Community reaction has been mixed. A number of long-term node operators — some running for close to two years — have reported Stage 2 estimates in the single-to-low-double-digit dollar range, and that gap between contribution and reward is fueling visible frustration on social media, even as the broader revenue story improved.

Source: CoinMarketCap Data
Unlike earlier rounds, Stage 2 pays out in USDC, not GRASS tokens — a change the Foundation says keeps the reward accessible across jurisdictions given ongoing regulatory uncertainty.
Eligibility window: Epochs 1–19, October 14, 2024, through June 8, 2026
Claim opens: July 22, 2026, at 1:00 PM EST, via the Dashboard
Claim deadline: January 22, 2027 — unclaimed rewards are forfeited, with no grace period
Wallet rollout: the new non-custodial in-app wallet, secured by passkey or email OTP, is expected in mid-July and is the required tool for claiming
Security note: It will never message users first and will never ask for a seed phrase or private key; the only official checker is at app.grass.io/dashboard
A separate, larger Grass airdrop Season 2 token distribution — community estimates put it near 170 million tokens, about 17% of total supply — is still expected later in H2 2026, though the Foundation hasn't confirmed an exact date.

Source: Website
Sentiment across social platforms turned sharply negative after the call. Several long-term node operators say the payout doesn't reflect the time and bandwidth they contributed, with some comparing the program unfavorably to a pyramid-style scheme despite having profited from it. Others describe the proposed rewards for node usage as far too small, given the network's reported revenue.
A recurring complaint is that community feedback channels felt restricted or dismissed rather than addressed, deepening distrust even as the broader revenue and governance news was, on paper, positive.
CryptoLakhan on X has been a vocal source of community speculation rather than a confirmed fact. Its posts Grass airdrop claim tokens generated an estimated $75 million-plus in revenue over six months, while many long-time node runners received only single-digit-dollar USDC payouts, and allege that team members appeared dismissive — even amused — when pressed on why Season 2 wasn't distributed.
The account also flags that what many expected to be "Epoch 20" was instead relaunched as Season 3, Epoch 1, which it frames as a pivot away from paying out Season 2 rather than a routine update. These claims are unverified and should be treated as community commentary, not confirmed reporting, pending an official response.

Source: X
The Grass Airdrop season 2 Claim date is July 22. Opening is the next real test of sentiment. If Stage 2 USDC payouts land higher than the low-dollar estimates now circulating, that could ease some of the backlash; if not, expect continued selling pressure and further scrutiny of the larger Season 2 token pool later this year.
Traders are also watching whether the revenue-sharing vote translates into an actual buyback or staking mechanism, and how the roughly $10.25 million unlock around July 22 interacts with claim-driven selling.
The July 7 call delivered real information — a revenue vote, a claim date, and a new wallet — but the market read the fine print as a letdown, not a win. With Stage 2 claims opening July 22 and a larger Season 2 distribution still pending, holders have two more catalysts to watch before this story is fully written.
Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency markets are highly volatile; prices, dates, and reward figures cited above can change. Always verify claim details through official channels only and conduct your own research before making investment decisions.
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