The current price of a graph (GRT) stands at about $0.05795 as of the beginning of 2023. During this year, market analysts predict that the price of a graph will appreciate to a total of $0.21889 by the end of the year, representing an increase of 276%, which is higher than some more established cryptos like Bitcoin. This is predicted to be largely driven by an increase in demand for decentralized applications (dApps) built on top of the Graph protocol, as this becomes the go-to platform for developers to build their applications. With an extensive library of subgraphs, developers can quickly and easily deploy their apps onto the Graph protocol and access the enormous amount of data stored on the Blockchain.
It is also predicted that various decentralized finance (DeFi) protocols will continue to be developed on the Graph network and start to gain traction, creating further opportunities for developers to monetize their applications on the Graph Network. This will further drive demand and drive an increase in the price of GRT. This is evidenced by the impressive 545% rise in price during the first half of 2023 and market experts predict that this trend will continue during the remaining half of the year, with a total increase of 276% being forecasted by the end of 2023.
The Graph Price Prediction 2024
At the start of 2024, the price of GRT stands at $0.21889 as a result of the substantial increase observed during 2023. Market analysts predict that during this year GRT will break past the $1 mark and reach a total of $1.37, representing a huge increase of almost 530% from the start of the year, and further solidifying its reputation as one of the fastest appreciating cryptos in the industry. This is primarily due to the ever-growing array of dApps being built on top of the Graph protocol, as well as increasing demand for various DeFi protocols which are being built on the network.
For instance, AppStable is a decentralized application built on the Graph protocol that offers transactions of utility tokens. It allows users to store, trade, and transfer value quickly and securely, as well as interact with smart contracts. This is just one example of the many dApps being built on the Graph protocol and with more dApps being developed and deployed each day, demand for GRT is expected to continue to increase, resulting in speedy appreciation in price.
The Graph Price Prediction 2025
The price of GRT stands at $1.37 at the start of 2025 and on the back of the successes observed in the previous two years; market analysts are confidently predicting that the price of GRT will continue to appreciate, rising to a total of $3.06 by the end of the year, which results in an increase of 124.2%. This is driven primarily by the continual growth of the dApps being developed on the Graph protocol, as well as increasing demand for DeFi protocols, which is driving demand for GRT.
Google Data Transfer is just one example of the growing number of dApps being developed and deployed on the network, which allows for users to securely store, manage and transfer data between different applications. This project has been extremely successful and has resulted in increased usage of the Graph protocol. More importantly, it has also resulted in increased demand for GRT resulting in a bullish market for the crypto.
The Graph Price Prediction 2026
At the start of 2026, GRT is trading at $3.06 and looks set to pop and burst into the multi-dollar regime this year. Market analysts predict that the price of GRT will hit a high of $7.41 by the end of 2026, representing an increase of almost 143%. This is the result of continued demand for the numerous dApps being developed and deployed on the Graph protocol, as well as increasing demand for various DeFi protocols built on top of the Graph network.
For instance, dYdX is a protocol that offers users a platform to margin trade with 3x leverage, generate interest through lending and deposit & trade crypto assets. This and other similar protocols are becoming increasingly popular, resulting in ensuring high demand for GRT and driving a massive appreciation in its price.
The Graph Price Prediction 2027
GRT is trading at about $7.41 at the start of 2027 and market analysts believe that this is just the start of an anticipated mega bull-run for the crypto. Experts are confidently predicting that the price of GRT will skyrocket this year to a high of $16.9 by the end of 2027, representing an increase of 128%. This is primarily being driven by increased demand for dApps and DeFi protocols being built on top of the Graph protocol, as developers continue to adopt the platform in droves due to its scalability and security.
One example of a dApp built on top of the Graph network is the versatile Golem Network, which is a distributed supercomputer that allows its users to rent out computing power on demand. This dApp has been extremely successful, as users are able to quickly and easily access computing power to accomplish complex tasks. This success has resulted in increased demand for GRT and provided a significant boost to its price.
The Graph Price Prediction 2028
The start of 2028 sees GRT trading at around $16.9 and according to market analysts, this is only the beginning of the anticipated bull-run for the crypto. Experts believe that GRT will further appreciate this year and have predicted that the price of GRT will reach a high of $38.37 by the end of 2028, representing an increase of 126%. This is the result of continued strong demand for the dApps being developed and deployed on the Graph protocol as well as increasing demand for various DeFi protocols such as Synthetix, Dharma, and MakerDAO.
The continued growth in the usage and demand for decentralized applications and protocols is driving increased demand for GRT, resulting in a significant uptick in its price. In addition, the scaling issues plaguing other networks is making the Graph protocol even more attractive to developers, further increasing its popularity and demand for GRT.
The Graph Price Prediction 2029
The price of GRT at the start of 2029 is $38.37, a result of the steep appreciation observed in the last year. Market analysts predict that this is only the beginning of the anticipated run for GRT and that the price of a single GRT will further spike to a high of $87.21 by the end of the year, representing an increase of almost 127%. This is primarily because of the increased traction being gained by the dApps and DeFi protocols being inbuilt into the Graph protocol, as well as the increasing appeal of the platform to developers due to its scalability and security.
In particular, dYdX is gaining immense popularity, as users are able to trade, lend and borrow funds instantaneously. This, in turn, is driving increased demand and appreciation of GRT, due to its usage as the native currency of the Graph protocol. In the previous year, the platform facilitated more than $2.6 billion in trading volume and this is expected to continue increasing, further driving the demand for GRT.
The Graph Price Prediction 2030
At the start of 2030, the price of GRT stands at a whopping $87.21 and market analysts predict that the year will see GRT breach the $100 mark, reaching a total of $109.5 by the end of the year, representing an increase of 25%. This is mainly driven by increasing demand for the numerous dApps and DeFi protocols being built on the Graph protocol, but also the increased scalability of the network which is making it ever more appealing to developers.
For instance, Lien Protocol is a decentralized loan protocol built on top of the Graph protocol which enables users to borrow, lend and save. This has propelled the usage of the Graph protocol and contributed significantly to the increasing demand for GRT as the native currency of the protocol. This increased demand has resulted in a sizable appreciation in the price of GRT this year, pushing it up past the $100 mark and into a new era of digital payments.
The Graph (also known as The Graph Network) is an open-source protocol and infrastructure which enables data-driven services like web and mobile applications, marketplaces, financial services, and secure communities. It provides a decentralized global database which is secure and immutable, allowing developers to query and search data in a trustless way without relying on a centralized database. The Graph enables developers to create powerful apps quickly and easily by providing a standard query language (GraphQL) and an indexing layer for decentralized data.
The Graph enables developers to quickly and efficiently query large datasets. The network allows for decentralized applications to be built faster and easier, as the indexing layer enables developers to query data without relying on a centralized database. Furthermore, The Graph provides a trustless and secure way of accessing data, guaranteeing data accuracy and integrity. Developers are able to use the platform without needing to trust a single party. Finally, The Graph allows developers to monetize the data they are querying, as data can be tokenized and exchanged within The Graph’s blockchain-based economy.
The Graph network has several features which make it an attractive option for developers. The Graph provides a layer of abstraction over decentralized data; this means that developers can access large amounts of data quickly and easily, without having to understand complex blockchain technology. In addition, The Graph enables developers to monetize their data, making it possible to tokenize data and exchange it in a trustless and secure way. Finally, The Graph has a GraphQL query language for developers; this provides a standardized way of searching and indexing data, making it easier for developers to build powerful applications.