![]() However, the recent bear market has not been kind to the token. It peaked at $1.33 on 9 November 2021, in line with a bull run in the wider crypto market. GRT recovered slightly from that drop and saw a rally throughout the final quarter of 2021. But it soon crashed below $1 in May, stooping to a low of $0.47 on 20 July 2021. GRT skyrocketed to its all-time high of $2.88 on 12 February 2021.Īfter a slight correction, it fluctuated around the $2 mark for the following months. Its most significant breakout to date took place a few months later. The graph launched at the end of 2020, with its token going live at $0.15 on 15 December that year. “This required significant engineering and hardware resources and broke the important security properties required for decentralisation.”Ĭurrently, The Graph supports nine networks, including Ethereum, Polygon ( MATIC), CELO and Binance Smart Chain ( BNB).Ī blog post said: “The Graph Network expanding multi-chain support is a historic step forward for the Web3 ecosystem and the incentivised MIPs program prepares Indexers to reliably index and serve queries in a multi-chain environment.” The Graph token (GRT) price history ![]() “Before The Graph, teams had to develop and operate proprietary indexing servers,” Graph says on its website. The Graph platform makes it easy to search for blockchain data through simple queries. This data can be transformed, organised and shared across applications, enabling users to make a search using GRT tokens. Subgraphs can be then composed into a global graph of all the public information. ![]() In a similar way to how search engines such as Google ( GOOG) index the internet, the Graph protocol indexes blockchain data, grouping it into subgraphs on open application programming interfaces (API) that anyone can query via GraphQL, Graph’s programming language. GRT is a token that powers The Graph, a decentralised indexing protocol used by blockchains such as Ethereum ( ETH). The Graph – Credit: The Graph GRT: Everything you need to know US30 US Wall Street 30 (USA 30, Dow Jones) ![]()
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