What Is The Graph (GRT)?
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
To learn more about this project, check out our deep dive of The Graph.
To date, over 3,000 subgraphs have been deployed by thousands of developers, for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland and many others. The Graph usage has been growing at over 50% MoM and hit over 7 billion queries during the month of September 2020.
The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program as of October 2020. To fund network development, The Graph raised funds from community members, strategic VCs and influential individuals in the blockchain community including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed a public GRT Sale with participation from 99 countries (not including the U.S.). To date as of November 2020, The Graph has raised ~$25M.
Who Are the Founders of The Graph?
The Graph team includes professionals from the Ethereum Foundation, OpenZeppelin, Decentraland, Orchid, MuleSoft leading up to the IPO and acquisition by Salesforce, Puppet, Redhat and Barclays.
The initial co-founding team includes Yaniv Tal (project lead), Brandon Ramirez (research lead) and Jannis Pohlmann (tech lead).
The founders have engineering backgrounds and have worked together for 5-8 years. Tal and Ramirez studied electrical engineering at USC and worked together at MuleSoft, an API developer tools company that underwent an IPO and sold to SalesForce.
They previously co-founded a developer tools startup together and have spent a significant portion of their careers working to optimize the API stack. At their last startup, the founders built a custom framework on an immutable database called Datomic. The Graph was born from this vision to create immutable APIs and data access, using the GraphQL query language.
The Graph Price Prediction
If you’re looking for The Graph price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of The Graph (GRT) will go in the future? We will analyze the past prices of The Graph (GRT) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
The Graph Overview
|Coin Name||The Graph|
|USD Price||$ 0.38|
|24h Volume||$ 115,375,284|
The Graph (GRT) Price Prediction
At reconshell.com we predict future The Graph price predictions/GRT forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of The Graph. We do our best to collect maximum historical data for the GRT coin which include multiple parameters like past price, The Graph marketcap, The Graph volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
The Graph Price Prediction 2022
According to our deep technical analysis on past price data of GRT, In 2022 the price of The Graph is predicted to reach at a minimum level of $0.48. The GRT price can reach a maximum level of $0.58 with the average trading price of $0.50.
The Graph Price Prediction 2023
The price of The Graph is predicted to reach at a minimum level of $0.75 in 2023. The The Graph price can reach a maximum level of $0.84 with the average price of $0.77 throughout 2023.
GRT Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of The Graph is predicted to reach at a minimum level of $1.10. The GRT price can reach a maximum level of $1.30 with the average trading price of $1.13.
The price of 1 The Graph is expected to reach at a minimum level of $1.56 in 2025. The GRT price can reach a maximum level of $1.91 with the average price of $1.60 throughout 2025.
The Graph Price Prediction 2026
The Graph price is forecast to reach a lowest possible level of $2.18 in 2026. As per our findings, the GRT price could reach a maximum possible level of $2.71 with the average forecast price of $2.26.
The Graph Price Prediction 2027
According to our deep technical analysis on past price data of GRT, In 2027 the price of The Graph is forecasted to be at around a minimum value of $3.19. The The Graph price value can reach a maximum of $3.83 with the average trading value of $3.28 in USD.
The Graph (GRT) Price Prediction 2028
The price of The Graph is predicted to reach at a minimum value of $4.55 in 2028. The The Graph price could reach a maximum value of $5.49 with the average trading price of $4.68 throughout 2028.
The Graph Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of The Graph is expected to reach at a minimum price value of $6.43. The GRT price can reach a maximum price value of $7.90 with the average value of $6.67.
The Graph (GRT) Price Prediction 2030
The price of The Graph is predicted to reach at a minimum value of $10.10 in 2030. The The Graph price could reach a maximum value of $11.55 with the average trading price of $10.37 throughout 2030.
The Graph Price Prediction 2031
The Graph price is forecast to reach a lowest possible level of $14.65 in 2031. As per our findings, the GRT price could reach a maximum possible level of $17.58 with the average forecast price of $15.06.
What Makes The Graph Unique?
The Graph is working to bring reliable decentralized public infrastructure to the mainstream market. To ensure economic security of The Graph Network and the integrity of data being queried, participants use Graph Token (GRT). GRT is a work token that is locked-up by Indexers, Curators and Delegators in order to provide indexing and curating services to the network.
GRT will be an ERC-20 token on the Ethereum blockchain, used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake. Indexers earn indexing rewards (new issuance) and query fees, while Curators earn a portion of query fees for the subgraphs they signal on. Delegators earn a portion of income earned by the Indexer they delegate to.
How Many The Graph (GRT) Coins Are There in Circulation?
Total GRT supply at mainnet launch will be 10 billion tokens, with an initial circulating supply of ~1,245,666,867 GRT. New token issuance in the form of indexing rewards will begin at 3% annually and is subject to future technical governance by The Graph Council. You can read about GRT token economics here and distribution information here.
How Is The Graph Network Secured?
The Graph has built an open data layer on top of blockchains: Indexers can run their own Ethereum archive nodes to run Graph Node, or they can use node operators like Infura or Alchemy.
Any analytics company can build an application to query subgraph data that’s indexed by The Graph. Subgraphs are open APIs to be able to pull data from the blockchain in the most seamless and efficient way.