The Graph (GRT) Price Prediction 2025: Gradual Growth Expected in the Coming Years

Key Takeaways

• The Graph’s switch to the Arbitrum protocol has boosted the GRT token.
• The platform wants to help people access and make charts based on blockchain data. 
• Can GRT maintain its recent momentum? 
• Our Graph price prediction says GRT could reach $0.40 in 2025.

The Graph, a blockchain platform that helps people create graphs, had a busy few months in 2023. 

The platform returned to the headlines after the announcement that it was to move from Ethereum (ETH) to the Arbitrum (ARB) protocol. 

Crypto investors should remember its disastrous 2022 period when it lost more than 90% of its value. Now, new dApps may boost the price.

On Oct. 4, 2024, GRT was worth about $0.156.

Let’s take a look at our The Graph price predictions, made on Oct. 4, 2024. We will also examine The Graph’s price history and discuss what It is and what it does.

The Graph Price Prediction

Let’s examine some of CCN’s The Graph price predictions on Oct. 4, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.

The Graph Price Prediction 2024

The projections for GRT in 2024 hinge on its ability to maintain its current ascending channel and break above critical resistance levels. Our analysis indicates that if GRT sustains this momentum, a strong upward move is possible, setting the stage for a bullish trend. However, if the price fails to break key levels or shows signs of reversal, a period of consolidation or pullback may occur.

The Graph Price Prediction 2025 

By 2025, GRT is expected to stabilize and potentially capitalize on the market’s overall growth. If GRT continues its upward trajectory within a clear trend, it could achieve further gains. However, uncertainties in price structure and possible market corrections could limit growth, resulting in more moderate movement.

The Graph Price Prediction 2030

For 2030, the forecast anticipates a more significant long-term trend, as GRT may complete its market cycle and confirm a bullish pattern. If GRT can break out decisively, as your analysis suggests, the potential for a strong uptrend is likely. However, should GRT fail to establish a clear bullish phase, market fluctuations, and resistance could temper its growth over the long term.

GRT Price Analysis

After reaching a yearly high of $0.50 on March 10, GRT faced a significant downturn, dropping 58% to $0.20 by April 13.

An oversold Relative Strength Index (RSI) prompted a recovery to $0.35, but further selling pressure pushed the price to a low of $0.11 on Aug. 5, marking a 77% decline.

An ascending channel led to a breakout, taking the price to $0.20 on Sept. 28, up nearly 70% from the low.

A subsequent 23% dip, however, brought the price back to its channel resistance, casting doubt on the strength of the uptrend.

Short-term GRT Price Prediction

The Graph price prediction for the next 24 hours could show if it moves towards the $0.21 resistance level. 

However, its behavior around the $0.18 level will be crucial in determining a breakout or further downturn.

An unclear wave pattern suggests uncertainty, and without a breakout above $0.21, a more extended decline is expected. A breakout above could confirm a bullish phase.

The Graph Average True Range (ATR): GRT Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.

On Oct. 4, 2024, The Graph’s ATR was 0.0126, suggesting average volatility.

The Graph Relative Strength Index (RSI): Is GRT Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.

Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On Oct. 4, 2024, The Graph RSI was at 46, indicating a somewhat bearish sentiment.

The Graph Price Performance Comparisons

Best Days and Months to Buy The Graph

We looked at The Graph’s price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, suggesting the best times to buy GRT.

Advantages and Disadvantages of The Graph

CCN.com’s Senior Research Analyst, Toghrul Aliyev, studied The Graph and found the following advantages and disadvantages.

Advantages of The Graph

• Simplified Blockchain Data Access: The Graph streamlines data access and retrieval on blockchain networks by eliminating the need for custom indexing servers, complex data queries, centralized databases, and centralized indexing services. The decentralized protocol reduces the complexity and cost of building dApps, enhances efficiency, and allows developers to focus on innovation rather than data management challenges.
• Extensive Network Support : The Graph supports more than 40 networks, which helps seamless data migration and interaction across different blockchain ecosystems.
• Major Industry Adoption: The Graph serves major decentralized finance protocols such as Uniswap, Compound, Lido, Aave, and more. Widespread use by industry leaders demonstrates its reliability and effectiveness, which draws more developers and projects to the platform and strengthens its position in the market. Additionally, The Graph has experienced remarkable growth in just two years, with active subgraphs increasing from 319 to 1,952 – a more than sixfold increase.
• Market Leader and Pioneer: The Graph established itself as the first and largest player in the blockchain data indexing space. While it’s now technically ranked second in market cap, this is only because three separate blockchain companies – Fetch.ai, SingularityNet, and Ocean Protocol – merged their companies by forming the Superintelligence Alliance . Despite this, The Graph still controls most of the market share. Its widespread adoption and critical infrastructure role have earned it the nickname “Google of blockchain.” If you’ve ever looked at on-chain data, it’s likely taken from The Graph.

Financials Strength

• Financial Strength : The Graph demonstrates strong financial performance, earning an average of about $12,840,000 per quarter. The protocol’s revenue exceeded this average even during the 2022 bear market. The consistent revenue stream indicates a sustainable business model, which strengthens The Graph’s long-term viability and minimizes the risk of the company shutting down anytime soon.

• Performance-driven Reward Structure: The Graph uses a well-structured GRT token reward system to incentivize network improvement. Indexers, delegators, and curators get GRT tokens based on the performance of subgraphs or indices they manage or support.
• Aggressive Security Measures : The GRT token features regular burning activities, along with a stringent slashing protocol for Indexers. The system punishes malicious or irresponsible behavior by burning 50% of an offending Indexer’s rewards for the epoch and cutting their self-stake by 2.5%. It then burns half of that figure. 
• Controlled Inflation Rate : The Graph maintains a modest annual inflation rate of 3% , which is lower than many other blockchain projects. Historical data from the Wayback Machine on CoinMarketCap shows that the total supply increased from 10 billion to 10.799 billion, representing a 7.99% inflation rate over three-and-a-half years.

Disadvantages of The Graph

• High Entry Cost for Indexers : Although entry into The Graph network is accessible for those with technical expertise and hardware requirements are relatively low, the financial barrier remains significant. If someone wants to be an Indexer, they must stake at least 100,000 GRT. As of July 2024, this is the equivalent of an investment of more than $20,000. 
• Lagging Developer Activity : Despite its market prominence, The Graph shows concerning signs in developer engagement metrics. It ranks 31 with 3,640 repositories, 120 with 175 weekly commits, and 93 with only 39 weekly active developers.
• Centralized Token Holdings : Excluding The Graph’s locked addresses for reward distribution, the top 144 addresses hold 45% of the GRT token supply. The high concentration among a relatively small number of holders raises concerns about potential centralization and market manipulation.
• High Insider Allocation : 67.1% of the GRT token supply went to team members, advisors, and early backers, which means these stakeholders have a disproportionate influence on the project’s governance and direction.

• Excessive Token Dilution: Although the inflation of the total supply is controlled, the circulating supply  has increased 7.6x in 3.5 years . With many insiders holding a significant portion of the tokens, retail investors likely served as exit liquidity. One could argue that this dilution is one of the main reasons why the token price has performed so poorly throughout the years.

The Graph Price History

Following that, let’s now take a look at some of the key dates in the The Graph price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a The Graph price prediction.

The Graph Market Cap

The market capitalization, or market cap, is the sum of the total number of GRT in circulation multiplied by its price.

On Oct. 4, 2024, The Graph’s market cap was $1.48 billion, making it the 52nd-largest crypto by that metric.

Who Owns the Most The Graph (GRT) Coins?

On Oct. 4, 2024, a wallet held nearly 30% of the supply of GRT.

Richest GRT Wallet Addresses

As of Oct. 4, 2024, the five wallets with the most GRT  were:

• 0x36aff7001294dae4c2ed4fdefc478a00de77f090. This wallet held 2,854,183,893 GRT, or 28.54% of the supply.
• 0x32ec7a59549b9f114c9d7d8b21891d91ae7f2ca1. This wallet held 968,750,000 GRT, or 9.69% of the supply.
• 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 566,536,132 GRT, or 5.67% of the supply.
• 0x823fd1a44a37a4be35c3b0c8b11463cc4f27396c. This wallet held 542,678,555 GRT, or 5.43% of the supply.
• 0xf55041e37e12cd407ad00ce2910b8269b01263b9. This wallet also held 246,360,411 GRT, or 2.46% of the supply.

The Graph Supply and Distribution

From The Graph Whitepaper

In its technical documentation, or whitepaper , The Graph says that can help people answer any queries they might have about any Ethereum-based system.

It says: “The Graph is a decentralized protocol for indexing and querying blockchain data. The Graph makes it possible to query data that is difficult to query directly.”

It goes on to say: “The Graph learns what and how to index Ethereum data based on subgraph descriptions, known as the subgraph manifest. The subgraph description defines the smart contracts of interest for a subgraph, the events in those contracts to pay attention to, and how to map event data to data that The Graph will store in its database.”

The Graph (GRT) Explained

If someone wants to make the most of blockchain technology, it is helpful if they can access the data that is stored on the system. Unfortunately, many systems are designed to make it tricky, if not impossible, to find the information that should be out there.

The Graph  allows people to create their own data charts based on information that the system takes and indexes. 

The Graph was based on the Ethereum (ETH) blockchain before being elevated to Arbitrum. It is supported by its eponymous token, which goes by the ticker handle GRT.

How The Graph Works

The Graph uses a technology called an application programming interface (API). This software allows people to take the data the platform indexes and create small subgraphs, which are then collected to form larger graphs.

Many of the system’s subgraphs were created by The Graph’s users. This helps the platform be decentralized and theoretically quicker than the traditional method of using specialized servers. According to The Graph’s technical documentation, this new way of doing things should also save “engineering and hardware resources.”

There are three types of users on The Graph. Indexers store data from the platform’s subgraphs. They are responsible for operating the computers, or nodes, that help run the network. In order to do that, they stake GRT. Delegators delegate an amount of GRT to Indexers. Curators list the data that they consider worth indexing.

GRT rewards people who create the subgraphs. People can also buy, sell, and trade the token on exchanges.

Because GRT is based on Ethereum, it is a token rather than a coin. You might see some sites talking about such things as a Graph coin price prediction but these are wrong.

Is The Graph a Good Investment?

It is hard to say. No one is suggesting GRT is an unregistered security right now, which is a good thing for the token. Its links to the now-fashionable artificial intelligence sector could well put it at the forefront of investors’ minds. Its recent move to the Arbitrum protocol should, at least in theory, make it quicker. 

Something else worth pointing out, though,  is that The Graph does not make it easy for someone who is not a computing expert to get to grips with.

The site’s technical documentation is filled with jargon, even by the standards of whitepapers. It would not be a huge surprise for an investor to decide to put their money where they can actually understand what the system is supposed to do. 

As always with crypto, you should do your own research before deciding whether or not to invest in GRT.

Will The Graph go up or down?

No one can really tell right now. While The Graph crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in The Graph?

Before you decide whether or not to invest in The Graph, you will have to do your own research, not only on GRT but on other related coins and tokens such as SingularityNet or Ocean Protocol (OCEAN). You must also ensure you never invest more money than you can afford to lose.

Technical analysis by Nikola Lazic.

FAQs 

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About the Author

Peter Henn

Peter Henn has been a journalist since 2005. In that time, he has written for a variety of publishers including the Mail on Sunday and the Daily Express. He has previously covered the world of cryptocurrency for Currency.com and Capital.com, and has also written for ECigIntelligence.com and CBD-Intel.com. A graduate of the University of Liverpool, he is based in the United Kingdom. His hobbies include music, horse racing and performance art.

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