Data demand for The Graph Network surged 84% in Q2, driven by increased subgraphs and a free query plan. The Graph Network Mainnet and Arbitrum accounted for most queries. Edge & Node’s CEO Tegan Kline praised the successful upgrade of The Graph’s hosted service to the decentralized network. She noted that the increase in queries…
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GRT’s current situation mirrors the bearishness the broader market is experiencing. Today, the total market cap shows a percentage slip, due to the major cryptocurrencies returning to levels that investors can sustain. On the altcoin side, GRT is one of the tokens that were hit hard by the bears. According to CoinGecko, the token is…
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The past week has seen The Graph (GRT), a project facilitating decentralized access to blockchain data, skyrocket over 60% in price. This impressive rally outshines most major cryptocurrencies and aligns perfectly with the rising interest in artificial intelligence (AI) within the crypto market. GRT has been up for five days in a row, reaching its…
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Leading indexing protocol The Graph (GRT) price has undertaken a -8% tumble triggered by rejection from upper trendline resistance, leaving some panicked bag-holders asking ‘is The Graph going to zero?’. This comes as GRT price exploded +30% following the breaking news that The Graph will start fulfilling queries for AI large language models, highlighting the…
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AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related cryptocurrencies to substantial gains. However, the interest in this set of…
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Bitcoin (BTC) and ether (ETH) are both trading with a positive bias amid a quiet start to the week. BTC was last hovering in the upper $30,000s, close to its recent highs above $31,000, while ETH just hit its highest level since May in the $1,970s, with the world’s second-largest cryptocurrency looking to retest the…
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Cryptocurrency markets are choppy in wake of a mixed US labor market report that saw a beat on the headline non-farm payrolls number (i.e. the number of jobs added in May), but also a larger than expected rise in the unemployment rate and a slowdown in the MoM pace of average hourly earnings growth. Bitcoin…
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The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
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In a financial landscape characterized by soaring volatility, Bitcoin, the flagship cryptocurrency, is demonstrating a shift from its bullish trajectory that had set the tone for the year. Today’s trading pattern shows a notable pullback from last month’s high of $31,046, presenting a murky market sentiment. Given this state of flux, what are the best…
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The new service will make it easier for mid-tier or small-tier subgraphs to be indexed and discovered. Blockchain data provider Chainstack has launched a hosted service for collections of Web3 data known as “subgraphs,” according to an April 19 announcement from the company. The service, called “Chainstack Subgraphs,” allows developers to create subgraphs and post…
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