Here is the comparison of size of ammo between the 6.5 Grendel and the 7mm08 which the original poster asked about. The bolts are from a Sako 85 7mm08 and a Sako Vixen 6mmPPC. You can see the Grendel could go into a much more compact action. The 85 S action bolt is pretty small for a 308 sized case too.
Other 6.5 like the XC do have a ballistic edge over the Grendel but they use a 308 size action. If you step up, there why not use a 260REM or 6.5 Creed ?
Here are the weights. Interesting that the bolt of the old vixen isn't that much lighter. Presumably its got more metal and the long guide rail counts against the traditional mauser like design, whereas the sako 85 is designed to be lean and mean and cost be damned.S
Vixen bolt 223g
85 S bolt 279g
The ammo is surprisingly also not as much lighter as you'd expect either. Grendel ammo is a lot weightier than 6mmPPC. I expect it's due to the 123 gr bullet which is "heavy for case displacement".
5 x 6.5Grendel Rounds Hornady 123gr SST 89g
5 x 7mm08 Rounds Norma/AR2208/140gr NBT 115g
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