What is GRT?
GRT, or Graph Token, is the native cryptocurrency of The Graph, which is an indexing protocol for querying networks like Ethereum and the InterPlanetary File System (IPFS). The Graph facilitates the querying of blockchain data by allowing developers to build and publish open APIs, known as subgraphs.
GRT can now be swapped for thousands of available assets on LetsExchange.io.
What are the main market indicators of the token?
The project was launched in December 2020. The total market capitalization of GRT is $3,269,871,677, with an all-time low of $0.05205, and an all-time high of $2.84. Now the project is ranked as 35. Now, the GRT token is available for swaps on LetsExchange.io.
What else makes us believe that GRT may be a wise investment?
The Graph has established collaborations with significant blockchain platforms like Coinbase and AAVE, which can enhance its visibility and adoption. The Graph has entered Phase 3 of its scaling on Layer 2, introducing new transfer tools aimed at reducing gas fees and improving transaction speeds.
The Graph benefits from a vibrant community and developer ecosystem. It has a robust Curator Program, which engages over 1,000 individuals and projects to enhance data organization and quality on its platform. GRT's utility within The Graph's ecosystem is extensive. It is used for staking by network participants like Indexers, Curators, and Delegators, who secure and organize the network's data. The Graph's protocol allows for efficient data indexing and querying, which is critical for the development and operation of decentralized applications (DApps).
The GRT website is visited by over 230K visitors. The project has over 332K followers on Twitter and 19K followers on Telegram.