The Graph Price

The Graph is a decentralized protocol for indexing and querying blockchain data, primarily used on Ethereum and other networks. It allows developers to efficiently access and organize blockchain data through subgraphs, which are open APIs that make data easily accessible. The Graph's native token GRT is used to secure the network and incentivize participants. Key roles in the ecosystem include: - Indexers: Node operators who index data and provide query services - Curators: Identify high-quality subgraphs and stake GRT on them - Delegators: Stake GRT to indexers to contribute without running nodes As of 2025-07-24, GRT is ranked #102 with a price of $0.1014 and a market cap of $1B. It has a circulating supply of 9.9B GRT GRT out of a total supply of 10.8B GRT GRT. The Graph is used by many popular Ethereum dapps like Uniswap and Aave to efficiently query blockchain data. Its goal is to create a global graph of public information that can be easily transformed and shared across applications.

The Graph was created in December 2020. The project was initially launched in 2018, but the GRT token itself was introduced on December 17, 2020 when it began trading on cryptocurrency exchanges. The Graph aims to be an indexing protocol for querying networks like Ethereum and IPFS, making blockchain data easily accessible. Since its launch, The Graph has become an important infrastructure project in the Web3 ecosystem, powering many decentralized applications by providing efficient access to on-chain data.

The Graph (The Graph) was founded by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez in 2018. These three co-founders had previously worked together on various blockchain and decentralized technology projects before launching The Graph. Their goal was to create an indexing protocol for querying networks like Ethereum and IPFS, making blockchain data more easily accessible and queryable. Since its launch, The Graph has become a key infrastructure component for many decentralized applications, helping developers efficiently access and utilize blockchain data.

The Graph works as an indexing protocol for querying blockchain data, primarily on Ethereum. Here's how it operates: 1. Indexers stake GRT tokens to run nodes that process and organize blockchain data into subgraphs. 2. Curators signal which subgraphs are valuable by staking GRT, helping guide indexers. 3. Developers create and publish subgraphs as open APIs to make blockchain data easily accessible. 4. Applications query this indexed data using GraphQL, receiving fast and efficient responses. 5. Indexers, curators, and delegators earn GRT rewards for their contributions to the network. 6. Users pay query fees in GRT to access data, incentivizing network participants. This system allows for decentralized indexing and querying of blockchain data, making it easier for developers to build and scale decentralized applications. As of 2025-07-24, The Graph has a market cap of $1B and is trading at $0.1014.

The technical architecture of The Graph is based on a decentralized indexing protocol for querying blockchain data. Key components include: 1. Subgraphs: Open APIs that define how to index and query specific blockchain data. 2. Graph Node: Software that indexes blockchain data according to subgraph definitions. 3. Query Layer: Allows applications to efficiently query indexed data using GraphQL. 4. Indexers: Node operators who index data and serve queries. 5. Curators: Users who signal which subgraphs should be indexed. 6. Delegators: Users who stake GRT tokens to indexers. 7. GRT Token: Native cryptocurrency used for network incentives and governance. 8. Ethereum Smart Contracts: Manage core protocol functions like staking and rewards. This architecture enables The Graph to provide fast and reliable access to blockchain data for decentralized applications, supporting networks like Ethereum, IPFS, and others. The protocol uses economic incentives to ensure data availability and integrity in a decentralized manner.

The future and roadmap of The Graph look promising. The project aims to expand its indexing and querying capabilities across multiple blockchain networks beyond Ethereum. Key focus areas include: 1. Scaling the network to handle increased query volume and data indexing demands. 2. Improving decentralization by onboarding more indexers and delegators. 3. Enhancing developer tools and APIs to make building subgraphs easier. 4. Expanding support for new layer 1 and layer 2 blockchain networks. 5. Implementing upgrades to improve query performance and efficiency. 6. Growing adoption among dApps and Web3 projects to solidify The Graph's position as the leading blockchain data indexing protocol. 7. Continuing research into advanced cryptographic techniques like zero-knowledge proofs. The The Graph team has a track record of meeting development milestones. With increased enterprise and developer adoption expected, the outlook for The Graph appears positive through 2030. However, as with any crypto project, future performance depends on overall market conditions and execution of the roadmap.