I hadn't thought of a "125" piston from a wave kit, could probably pick up a piston alone for 60$ or so and be a "drop in" affair iirc the groms valves are off set to one another, is that typical with these engines?
edit: the wave is the same with the offset valves, a high comp piston from a "125" kit could very well work
I can't give you a specific-application piston. I've tuned various flavors of Nice engines; they start out with a 50mm std bore and can be taken out as far 59mm...if one is sufficiently brave and well-heeled. Still, high-compression pistons are fairly easy to source, even in OEM std size. Takegawa makes a very nice hi-comp 54mm slug, which takes displacement to 127. But, again, Taky parts aren't cheap. Still, the 54 x 55.5 undersquare tune, with "street porting" makes amazing power, across the entire revband (with a guesstimated peak around 13-14hp), even with the small, OE, valves and a semi-arbitrary 9500rpm redline. The stock rotating assembly is downright porkly.
At present, I don't have enough Grom-specific engine knowledge to comment intelligently on the valve layout. Going by what I've seen, so far, in photos, the head design looks like it has improved breathing capability, compared to the old Wave/Nice, and that can only be good. The roller rockers certainly open-up a world of possibilities. With the right springs & lightweight retainers, it should be possible to run nearly "square" cam lobe profiles that have lots of "over-the-nose" lift with relatively short gross duration...ideal for a road bike. Just raising peak hp to ~9000rpm+/- ought to give easy 70mph top speed. IMHO, that'd be a healthy improvement from very little change (parts and, the unintended-but-appropriate monetary reference).
Since this engine series has been sold in SE Asia for some time now, I'd expect outfits like Akunar to have aftermarket pistons in a number of different sizes & flavors...as well as cam choices...for very reasonable money, even with shipping.