- GIP-140 changes GnosisDAO voting by using on-chain and beacon data.
- GNO price dipped amid profit-taking and technical resistance.
- Liquidity constraints and stablecoin regulations could affect short-term sentiment.
The price of Gnosis has experienced moderate volatility following the approval of GnosisDAO proposal GIP-140, a major governance update designed to overhaul the platform’s voting mechanism.
GIP-140 replaces the current subgraph-based GNO strategy with a set of approaches that read blockchain status directly from the execution layer and the beacon chain.
The proposal’s approval marked a significant step toward improving Snapshot voting accuracy and reliability while adding support for StakeWise tokens and reducing dependence on external data providers.
GIP-140: shifting voting toward accuracy and inclusion
GIP-140 passed with broad consensus among GnosisDAO participants, receiving 82 votes with strong support for the change.
The core aim is to eliminate reliance on subgraphs, which historically introduced delays and inaccuracies in calculating vote weight.
Under the new system, voting power is linked to GNO balances across Gnosis Chain and Ethereum, locked GNO holdings, validator balances, and StakeWise’s sGNO and osGNO tokens.
By sourcing data directly from on-chain state and the beacon chain, the proposal seeks to create a more robust and transparent voting environment that better reflects actual stakeholder influence.
Technically, the implementation involves updating Snapshot configuration via a SafeSnap transaction, pointing to aggregator contracts deployed on Gnosis Chain and Ethereum, and introducing a new beacon-chain strategy for staked GNO.
Delegation mechanisms were also updated to integrate these new sources, ensuring a smooth transition for DAO members familiar with existing workflows.
These changes position GnosisDAO to meet complex governance requirements while reducing dependence on third-party indexers like The Graph, which previously introduced inconsistencies.
Gnosis price enters consolidation amid profit-taking
Following GIP-140’s approval, GNO saw a modest pullback, falling 0.89% over the last 24 hours and underperforming the broader crypto market, which rose 0.06%.
The price movement is consistent with profit-taking after GNO recorded a 7.98% weekly gain and an 8.3% rise during October.
Technical indicators show the market testing resistance near the 30-day simple moving average at $137.93 and the 61.8% Fibonacci retracement level at $138.47.
While the RSI remains neutral at 53.42, a bearish divergence in the MACD suggests potential short-term consolidation.
Liquidity pressure stemming from CoinDCX’s delisting in June 2025 continues to weigh on GNO trading activity.
Although several months old, the delisting reduced retail access to the token, and a 24-hour turnover ratio of 1.08% remains relatively low compared with the broader DeFi sector average.
Regulatory uncertainty around stablecoins, particularly the potential relaunch of USDS under stricter U.S. GENIUS legislation, may also indirectly affect sentiment toward assets on Gnosis Chain.
Still, ecosystem milestones such as Gnosis Pay reaching $100 million in transaction volume indicate adoption that could offset some of these headwinds.
Looking ahead
The combination of technical consolidation, lingering liquidity constraints, and regulatory considerations creates a cautious but watchful environment for Gnosis price movements.
Holding the $135–$137 zone could provide the stability needed to restart momentum, especially as GnosisDAO’s improved Snapshot strategies begin to reflect voting power more accurately across different token types.
In the coming weeks, GNO’s price may respond to market dynamics and the tangible effects of GIP-140’s execution, particularly if the changes improve voting accuracy and encourage broader DAO participation.
For now, the community appears aligned, and GIP-140’s passage is a notable milestone that may influence GNO’s trajectory in both governance and market performance.