The Graph is a hugely ambitious blockchain project that has the potential to completely reform the industry. In the following article, we’re going to look at why the project has such potential and whether or not now is a good time for investors to get involved.
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As 2021 draws to a close, it’s safe to say the cryptocurrency landscape looks drastically different to how it did at the start of the year. Numerous projects have emerged promising to disrupt every aspect of our digital lives. However, as these projects have grown in popularity, so too have the demands placed on the various blockchain networks that support them.
The Graph seeks to provide a platform that can gather, collate and store data from various blockchain networks and make said data easily available for developers looking to build their own dApps. Needless to say, this could be a pretty big deal and would massively streamline the development process.
So how viable is The Graph and does it hold much potential when it comes to being an investment opportunity? In this The Graph price prediction for 2025 and 2030, we’ll hear from leading analysts on what they are forecasting for its native token, GRT, as well as consider a few technical particulars of the project.
The Graph: An Overview
The Graph was founded by computer scientist Jannis Pohlmann, electrical engineer Yaniv Tal, and roboticist Brandon Ramirez and is built on the Ethereum blockchain. Its remit was to create a single platform that gave other developers access to the reams of data available on Ethereum. According to its website, The Graph is essentially the Google of the blockchain world.
Inevitably, a blockchain that collates and indexes huge amounts of data is a pretty complex affair and far beyond the scope of this price prediction but we can look at the key aspects of the platform that make it such an enticing prospect.
Datasets on the platform are divided into so-called subgraphs, which users can access using The Graph explorer. The subgraphs are effectively descriptions of particular groups of smart contracts within other Ethereum-based dApps, meaning developers using The Graph can browse for those they think will be relevant to their own projects.
Users can query the network using the GraphQL language. There is then a whole system of indexers, curators and delegators working behind the scenes to respond to these queries in exchange for rewards. In a sense, The Graph can be seen as a kind of middleman, a central place for dApps and blockchains to share relevant data and a dedicated explorer to make said data accessible to users.
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The Graph Token
Underpinning the whole operation is the Graph token (GRT). Users looking to have their queries processed on the platform inevitably have to pay for it - and that’s where GRT comes into play. Indexers and curators are required to run nodes on the network - this is how it is able to operate. In exchange for their services, indexers and curators are rewarded with GRT.
It’s also possible to stake GRT and earn rewards without having to provide a node - this means those with no technical expertise can also benefit from taking part in the running of The Graph network. Of course, those looking to access the datasets on The Graph must pay for their queries with GRT.
The coin itself is an ERC-20 token that has an initial supply of 10 billion, which is due to be unlocked at various points. It has an in-built inflation rate of 3% per year. However, there is also a burn rate - with 1% of all query fees being taken out of circulation. This means that, despite the inflation, GRT could turn deflationary if query volumes outstrip the inflation rate.
Check Out: What Is The Graph? Should You Invest In GRT And Where To Buy It?
Is The Graph About To Explode?
Looking at The Graph’s main function, it’s difficult to understand how it hasn’t already become one of the biggest projects in the cryptocurrency space. Interoperability has been one of the major industry buzzwords of recent months and The Graph meets a very genuine need in the industry.
It’s also worth noting that the project has very few competitors at this stage. There’s Open Index Protocol and Unmarshal, but these can hardly be seen as genuine rivals at this stage. So The Graph seems to be the major indexing protocol on the market - yet it has not seen any major price runs since February, leading many to speculate that a significant bull could be on the horizon.
The Graph’s Price History
The Graph certainly has a great deal of potential and few would argue that it meets a need that is very much present within the cryptocurrency market. But before we can consider how GRT might perform in the future, we need to take a look back at its previous price movement.
The Graph project started development in 2017 but it didn’t actually launch properly on the Ethereum mainnet until December 2020. Since then, GRT has experienced mixed fortunes. After a few days of trading, the token surged from around $0.12 to $0.74, which certainly stirred interest and put The Graph project on the map. However, it quickly sank back to around $0.30 for the remainder of 2020.
Things soon turned back around for GRT and by the end of January 2021, its price was back up at around the $0.61 mark. This proved to be a sign of things to come and the following month saw The Graph go on its most substantial price run to date, increasing in value by some 370% to its all-time high of $2.84 on 12 February.
GRT price movement has been fairly chaotic since February. It dropped to $1.34 in March, before surging again to $2.09 in April. Since then, The Graph has been on a downward trend and in July actually sank back below the $0.50 mark. The GRT chart has continued to be fairly volatile since then. It climbed again to $1 from September to November but the market crash in the end of the year didn't spare The Graph's value and it's gone down around $0.5 again.
At the time of writing, GRT is trading at $0.4038.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Graph Price Predictions For 2025
The Graph is undoubtedly an intriguing investment opportunity and, given its much-needed use case, it seems that the project has yet to reach its full potential. So what are leading platforms predicting for its future price movement? We checked out some of the top Graph price predictions for 2025 to find out.
DigitalCoinPrice is expecting GRT to have a reasonably successful year in 2022, at some points trading at almost double its current value. However, its price will fluctuate a fair bit from month to month and it is expected to finish the year at around $0.51. Things are then expected to take off over 2023 and 2024, with The Graph seeing growth of up to 107% and trading at a maximum price of $0.83.
TradingBeasts is also predicting major growth in its The Graph price prediction for 2025. According to its technical analysis, GRT will climb by up to 93% by the end of 2022 - which is pretty impressive for TradingBeasts as it is normally conservative with its forecasts. Things are expected to keep getting better for The Graph and by the end of 2024 GRT is predicted to be trading at a potential high of $1.35.
Meanwhile, WalletInvestor actually sees The Graph struggling over the next couple of years. It has GRT fluctuating wildly through 2022, rarely climbing above $0.5. The forecast remains bearish throughout 2023 and could drop as low as $0.15 by December.
The Graph Price Predictions For 2030
The Graph, in theory, has a good chance of being around for the foreseeable future. If uptake continues, then its services are likely to remain in fairly high demand. However, The Graph price predictions for 2030 should be seen as suggestive at best. That being said, they can still be useful in giving us an idea of what analysts think of the token’s long term prospects.
DigitalCoinPrice predicts that The Graph will continue to rise substantially after 2025. It has the token up by around 280% going into 2027 and less than a year later it expects GRT to be trading at an average of $4.83 - an increase of 380% on today’s price.
Meanwhile, PricePrediction.net is extremely optimistic about The Graph’s future. It has the token trading at a high of $7.97 in 2026, before breaking the $10 the following year. In early 2028, the platform believes that The Graph could be worth up to $17.44. By 2030, GRT could see highs of up to $36.90 - although this should probably be seen as a best-case scenario at this point.
Finally, Coin Price Forecast has made a more believable The Graph price prediction for 2030. It has GRT trading at $1.70 by 2027, marking an increase of around 326% on today’s price. However, the platform expects the coin to maintain its upwards trajectory and by the end of 2028 it could be worth more than $1.45. The predicted price for 2030 stands at $1.81, having grown through 2029.
A cryptocurrency research firm by the name of Crypto Research Report is calling for the Graph to reach $3.50 by 2025, and $8.50 by 2030.
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Conclusion: Should You Invest In The Graph?
There are few projects out there that can boast the same usefulness of The Graph when it comes to the future of blockchain development. Having a central data resource is likely to prove invaluable to anyone looking to build dApps on the Ethereum blockchain and if The Graph can build enough momentum, it could be the dominant project in the space.
However, it’s worth noting that The Graph is yet to catch on to a massive extent - at the time of writing, it stands at about 42 in the list of the biggest cryptocurrencies by market cap. However, this could spell major opportunity for investors, as most analysts seem to be predicting substantial growth over the next ten years or so.
Ultimately, The Graph represents a good opportunity to diversify your cryptocurrency investment portfolio and gain exposure to a niche aspect of the market. Whilst it may not be about to explode in terms of price growth, the latest price predictions suggest The Graph could prove to be a solid long term pick.
Where To Buy The Graph
If you’re looking to invest in The Graph then the best thing to do is to buy some GRT. In order to do this, you’ll need to find a broker or exchange that lists the coin. Fortunately, one of the most trusted names in the industry - eToro - has GRT on its books.
We recommend eToro for most investors as it has a solid reputation as well as a highly approachable trading platform. It takes just a few minutes to open and account and you’ll also find plenty of information and learning resources to help you get started.
eToro – Best Platform To Buy The Graph
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
FAQs
What is The Graph?
The Graph is effectively one giant data marketplace. It offers a single place for developers to send queries and gather information on smart contracts built within the Ethereum ecosystem. It is intended to help developers build dApps with increased interoperability and many industry experts have suggested it could revolutionise the cryptocurrency market as we know it.
Is The Graph built on Ethereum?
The Graph is built on Ethereum and was originally intended as an indexing system for Ethereum-based smart contracts. However, the platform has recently added indexing support for the Binance Smart Chain.
How much will The Graph be worth in 2025?
The Graph price predictions for 2025 mostly point to growth. GRT is widely expected to double in value by the end of 2022 and Trading Beasts believes it will continue to rise in the years that follow, potentially reaching as high as $1.53 by 2025.
What is the The Graph token for?
The GRT token is what powers The Graph system. As an indexing platform, The Graph requires participants on the network to run nodes containing the relevant information. These participants are rewarded for their services with GRT. The token is also used by those querying the network to pay for the service.
What are The Graph price predictions for 2030?
Nothing is guaranteed in the cryptocurrency world, so long term cryptocurrency forecasts should always be taken with a rather large pinch of salt. However, the The Graph price predictions for 2030 seem to be highly optimistic, with some platforms forecasting GRT to reach as high as $36.90.