Deep Dive
1. Security Service Adoption (Bullish Impact)
Overview:
GPS powers payment for GoPlus’ security services used by 10,000+ projects and 30M+ daily API calls. Recent expansions like the SafeToken Protocol (20+ projects integrated) and EU MiCAR compliance (GoPlus Security MiCAR White Paper) position it as regulatory-ready infrastructure.
What this means:
Growing Web3 security needs – $157K lost/sec to exploits per July 2025 data – could increase GPS burn rate via "Security Gas" fees. If daily API calls double from 30M to 60M, token velocity might offset inflationary pressures from unlocks.
2. Staking & Supply Shock Risks (Mixed Impact)
Overview:
The 500M GPS Security Fund (July 2025 announcement) combines staking rewards (400M GPS) and bounty payouts. However, 542M tokens (31.75% of supply) unlocked in July 2025 introduced selling pressure during Bitcoin dominance spikes.
What this means:
Successful staking adoption could lock 20-30% of circulating supply, but team/backer tokens (39.33% of total) remain subject to vesting through 2026. The next major unlock occurs in January 2026 when early contributors’ 6-month cliff ends.
3. Market Sentiment & Security Incidents (Bearish Catalyst)
Overview:
GPS rallied 25% on November 24, 2025, after exposing x402 ecosystem vulnerabilities (Binance News). However, the token remains 88.8% below ATH with Fear & Greed Index at 27/100.
What this means:
High-profile hacks (like October 2025’s $45.8M losses) temporarily boost demand for GoPlus’ services, but prolonged crypto bear markets could suppress risk appetite for security altcoins.
Conclusion
GPS’ price trajectory hinges on balancing real utility growth against vesting schedules and macro sentiment. The 2026 roadmap’s focus on traditional finance integrations could unlock new demand streams, but tokenholders should monitor exchange inflows from 20% team allocations. Will GoPlus’ security-as-service model outpace dilution from $200M+ in yearly unlocks?