[GRASS briefly surpasses $0.8 to hit an all-time high, up over 25% in 24 hours] BlockBeats reports that on September 30, according to HTX market data, GRASS briefly broke through $0.8 to reach a new all-time high before pulling back to $0.74, marking a 24-hour gain of over 25%. On the news front, Multicoin Capital announced that its hedge fund and venture fund have invested in the DePIN project Grass, positioning it as the 'read layer for machine intelligence.' Over the past 18 months, Grass has incentivized users through crypto rewards to share idle network bandwidth for querying and parsing the public internet, and it has already been integrated into the data processing workflows of some cutting-edge AI labs. Multicoin believes that the market currently views Grass primarily as a proxy network providing pre-training data for AI labs, but its potential for real-time retrieval during the inference stage has yet to be fully recognized. Grass plans to launch content APIs, search APIs, and network indexing to enable AI models and agents to access real-time web information.