- GIP-140 renews GnosisDAO voting with on-chain and beacon-chain data.
- GNO price dips amid profit-taking and technical resistance.
- Liquidity constraints and stablecoin regulations could shape short-term sentiment.
The price of Gnosis has shown modest volatility after the approval of GnosisDAO proposal GIP-140, a governance upgrade designed to overhaul the platform’s voting mechanisms.
GIP-140 replaces the current GNO strategy that relied on subgraphs with a set of strategies that read state directly from the execution and beacon layers of the blockchain.
The approval of the proposal marks a significant step toward improving the accuracy and reliability of Snapshot voting by adding support for StakeWise tokens and reducing reliance on external data providers.
GIP-140: voting overhaul for accuracy and inclusion
GIP-140 passed with broad consensus among GnosisDAO participants, tallying 82 votes overwhelmingly in favor of the change.
The primary objective is to eliminate dependence on the subgraph, which has historically caused delays and inaccuracies in vote-power calculations.
The new system attributes voting power to GNO balances on both Gnosis Chain and Ethereum, locked GNO holdings, validator balances, and StakeWise’s sGNO and osGNO tokens.
By extracting data directly from on-chain and beacon-chain sources, the proposal aims to create a more resilient and transparent voting environment that better reflects stakeholders’ real influence.
The technical implementation involves updating Snapshot configuration via a SafeSnap transaction, pointing to aggregator contracts deployed on both Gnosis Chain and Ethereum, and adding a new beacon-chain strategy for staked GNO.
Delegation mechanisms have also been revised to integrate these new data sources, ensuring a smooth transition for DAO members accustomed to existing workflows.
These changes position GnosisDAO to manage complex governance requirements while reducing reliance on third-party indexers such as The Graph, which previously introduced inconsistencies.
Gnosis price consolidates amid profit-taking
Despite the approval of GIP-140, GNO’s price pulled back slightly, falling 0.89% over the past 24 hours and underperforming the broader crypto market, which gained 0.06%.
The price move aligns with typical profit-taking after GNO posted a weekly gain of 7.98% and an 8.3% increase during October.
Technical indicators suggest the market is testing resistance around the 30-day simple moving average at $137.93 and the 61.8% Fibonacci retracement level at $138.47.
Source: CoinMarketCap
While the RSI remains neutral at 53.42, a bearish divergence on the MACD hints at possible short-term consolidation.
Liquidity pressures stemming from CoinDCX’s delisting in June 2025 continue to weigh on GNO trading activity.
Although that delisting occurred months ago, it reduced retail access to the token, and the 24-hour turnover rate of 1.08% remains relatively low compared with broader DeFi averages.
Regulatory uncertainty around stablecoins—especially the relaunch of USDS under a stricter U.S. GENIUS framework—may also indirectly influence sentiment toward assets on Gnosis Chain.
Still, ecosystem milestones such as Gnosis Pay surpassing $100 million in transaction volume suggest adoption trends that could offset some headwinds.
Looking ahead
The mix of technical consolidation, persistent liquidity constraints, and regulatory considerations creates a cautious but attentive backdrop for Gnosis price action.
Maintaining the $135–$137 zone could provide the stability needed for renewed upside, particularly as GnosisDAO’s updated Snapshot strategies begin reflecting more accurate voting power across multiple token types.
In the coming weeks, GNO’s price may respond to broader market dynamics as well as the tangible effects of GIP-140 implementation—especially if the changes improve voting accuracy and encourage wider DAO participation.
For now, the community appears aligned, and the successful passage of GIP-140 represents a meaningful milestone that could influence GNO’s trajectory in both governance and market performance.