The Graph Price Prediction 2023, 2024, 2025: Will GRT Price Go Up?

The Graph Price Prediction

The post The Graph Price Prediction 2023, 2024, 2025: Will GRT Price Go Up? appeared first on Coinpedia Fintech News

Ethereum has turned out to be the most prominent blockchain technology the world has ever seen. A number of projects have been joining the dots that Ethereum has left behind. One such protocol is “The Graph”, which is an indexing protocol for quaering networks such as Ethereum. The network lets anyone build and publish open APIs, which they call “Subgraphs”.

The tech employed by the protocol opens up an array of opportunities for emerging sectors like Web 3.0. Successively, The Graph is helping build Defis, governance protocols, and marketplaces, to name a few. GRT is the protocol’s native asset, which is an Ethereum token, that is used for administering resources within the network. 

We have come across instances where The Graph token has portrayed a gargantuan run to its ATH. Will GRT pose another such rally you ask? Look no further, as this write-up will get all your doubts sorted. As we decode the feasible GRT price predictions for 2023 and the years to come.  

Overview

Cryptocurrency Graph
Token GRT
Price $
Market cap $ 0.0000
Circulating Supply 0.0000
Trading Volume  $ 0.0000
All-time high $ 0.0000 Jan 1, 1970
All-time low $ 0.0000 Jan 1, 1970

The Graph Price Prediction 2023 – 2030

The Graph Price Prediction, GRT Price Prediction, The Graph crypto price, GRT crypto price
GRT Price Prediction 2023 – 2030

What Is The Graph (GRT)?

The Graph (GRT) is a decentralized protocol for querying and indexing the data from blockchains. GRT indexes data from eminent networks like Ethereum, and Filecoin amongst others. The network had earlier announced possible integrations with other blockchain networks like Bitcoin and Polkadot. 

The network became a dream-come-true event for the CEO of The Graph, Yaniv Tal. Working with his team, Pohlman and Brandom Ramirez and many others. He envisioned developing an indexing protocol to bridge the gap between blockchain data and the user end. As they got close to it, they realized the absence of decentralized software and shifted their vision towards the latter. 

The Graph coin is an ERC-20 token powered by Decentralized Finance (DeFi). The token can be used to create smart contracts on the blockchain. Powering the network, the graph crypto, serves as an exchange medium. It is also in use for rewarding the network’s community. The maximum supply of the coin is capped at 10,000,000,000. 

The Graph Price Forecast 2023 

The Graph network’s major focus is on four areas for development for the year 2023. This will make the network even more secure than it is right now. Its roadmap will focus on Firehouse, The Sunset of the Hosted Service, Sub streams and moving the protocol to L2 with Arbitrum One.

The network has already built a faster, cost-efficient, and agile platform. If it serves in the way to enhance the user experience of the project. Further seeking impetus from developmental initiatives and collaborations, coming from the network’s APIs and Web 3 initiatives. Then users might turn bullish for the asset, and as a result of which, the price may hit a maximum of $0.251.

On the flip side, If the protocol falls prey to negative criticism and massive liquidations, the price might take a hit in its value. Emerging rivals, and the users lacking the interest could result in a fall to $0.122. That said, the average price might land at $0.186.  

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2023 0.122 0.186 0.251

GRT Price Prediction 2024

Learning from the statistics of Into The Block, the lion’s share of GRT tokens is held by whales at 56.76%. Followed by the fast-rising investors, with a share of 33.99%, and lastly by retailers at 9.24%. The concentration is satisfactory for investors who are keen on relatively less risky tokens. This is further justified by the token’s average time held, which is “1 Year”. 

Source: Into The Block

Successively, the growing count of volumes by hodlers could push the digital token’s price to its potential high of $0.362. On the other hand, the diminishing prominence and capabilities of The Graph could knock its price down to $0.214. Conversely, the lack of fueling initiatives could settle the price at $0.288. 

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 0.214 0.288 0.362

The Graph Price Prediction 2025

By the next three years, GRT might be considered the currency to build a new decentralized generation. If the community focuses on investing in certain other projects and enhancing the blockchain infrastructure. Then the GRT coin’s price can smash a new peak of $0.443, by the next three years.

On the flip side, The Graph price seemed to be slightly volatile after the previous market crash. In the long run, if the coin continues with skyrocketing volatility levels, then the price may flip down to $0.298. Moreover, if the altcoin manages to reverse the downside pressure it might move at linear ranges of $0.370.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2025 0.298 0.370 0.443

The Graph Price Prediction 2026 – 2030

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2026 0.406 0.481 0.556
2027 0.527 0.580 0.634
2028 0.606 0.685 0.765
2029 0.747 0.829 0.912
2030 0.965 1.125 1.286

The Graph Price Forecast 2026: According to our analysts, GRT coin price prediction for the year 2026 could range between $0.406 to $0.556 and the average price of The Graph could be around $0.481.

GRT price prediction 2027: According to our analysts, The Graph price for the year 2027 could range between $0.527 to $0.634 and the average price of GRT could be around $0.580.

The Graph Prediction 2028: According to our analysts, GRT crypto prediction for the year 2028 could range between $0.606 to $0.765 and the average The Graph coin price could be around $0.685.

GRT coin price prediction 2029: According to our analysts, The Graph’s forecast for the year 2029 could range between $0.747 to $0.912 and the average GRT coin price could be around $0.829.

The Graph Price prediction 2030: According to our analysts, GRT predictions for the year 2030 could range between $0.965 to $1.286 and the average The Graph price could be around $1.125.

CoinPedia’s GRT Price Prediction

As the network addresses an extensive real-time problem, promising to resolve it, the Graph price might boom on this note. According to CoinPedia’s formulated GRT price prediction.

If the community explores new blockchain integrations it may punch a new high of $0.251, this year. Conversely, being new to the crypto space, if the coin remains volatile, then the Graph’s price may whirl down to $0.122.   

What Does The Market Say? 

Firm Name 2023 2024 2025
Wallet Investor $0.028 $0.014 $0.010
DigitalCoinPrice $0.29 $0.36 $0.47

*The aforementioned targets are the average targets set by the respective firms.

The Graph Price Prediction, GRT Price Prediction, The Graph crypto price, GRT crypto price
The Graph Exchange Rate

Fundamental Analysis

The Graph is an indexing protocol and global API for organizing blockchain data making it easily accessible with GraphQL. The network acts as the middle layer between various blockchains and decentralized apps. It also makes the work easy for developers to create dApps by organizing smart contract data on the Ethereum blockchain called subgraphs.

The network contains subgraphs, which contain a manifesto. That is, a subgraph will contain every data about the transactions on the blockchain. In simple words, these are open APIs, which anyone can build on the network! 

The ecosystem of this network is quite complex yet not difficult to comprehend. The Graph node, also called the Indexer plays a pivotal role in indexing the data. The end users are called the Consumers and can fetch any query from the indexers. As an exchange, they pay the indexers. The Graph is not complete without its Delegators, Curators, Arbitrators, and Fishermen. 

The Graph Historical Price Sentiments 2020 – 2022

  • GRT made its existence in the crypto space on 18th December 2020 with a cost of $0.17. Effectively, the token surged to $0.68 within a few days of entering the market. 
  • Shockingly, the price dropped to $0.35 on 26th December, as the bears were ruling the market, the price further sank to a support level of $0.36 by December-end. 
  • The token entered the year 2021 on a bearish note with a price of $0.35 in early January. Later, the token started to recover and marked its ATH at $2.88 on the 12th of February 2021. 
  • On 19th May, when the market crashed, the GRT coin price dipped from $1.23 to $0.75. Following a sideways trend in the third quarter, the final quarter was commenced on a bullish note. However, the bears haunted the rally to $0.65 by the end of 2021. 
  • The Graph had walked into the year 2022, with a price tag of $0.6409. With the lack of any bullish signals, amidst heavy sell-offs. As the RSI plummeted to historical bottoms, the asset breached its 5-month low of $0.5484, by the 18th of January.
  • Increased sell-offs, further took the price to $0.397,  by the 25th of January. Ranging sideways until the 3rd of February, a leg-up took the price to $0.524.
  • Thereafter an uptrend helped close the quarter at $0.5275. The second quarter was brutal for the broader crypto verse, and the implications were borne by GRT as well.
  • The altcoin lost over 80% of its value in the second quarter.  

FAQs

Is GRT an ERC-20 token?

Yes, GRT is an ERC-20 token working on the Ethereum blockchain.

Will the GRT price go up in 2023? 

Yes, if it launches the planned projects as per the plan then it would clinch a maximum of $0.251 by the end of 2023.

Is it possible to mine GRT?

No, GRT cannot be mined as it is a non-mineable token.

Can the GRT price hit $10 in the next five years?

The price of GRT is expected to hit a maximum of $0.634, by the end of the next five years.

Where to trade GRT tokens?

GRT can be traded on popular exchanges like Binance, Coinbase Pro, Kraken, KuCoin, and Huobi Global, amongst others.



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