The Graph Price Prediction 2023-2032: Is GRT a Good Investment?

The Graph Price Prediction 2023-2032

• The Graph Price Prediction 2023 – up to $0.1606
• The Graph Price Prediction 2026 – up to $5238
• The Graph Price Prediction 2029 – up to $1.59
• The Graph Price Prediction 2032 – up to $4.85

Have you ever heard of Uniswap, Aave, Compound, Balancer, USDC, Synthetix, Sushiswap, MakerDAO, Yearn, Curve, or any popular dApps? They all functionally rely upon The Graph, which is like a combination of decentralized versions of Google, banking, social media, other service providers, and other industries. The Graph price prediction could be the light that shines in this crypto winter.

There will be thousands of blockchain networks indexed by The Graph, millions of dApps/subgraphs, and trillions of daily queries in the future. Imagine everyone using their phone to transact, refresh, and interact with media/applications requiring The Graph data. Currently, there are 10-15 layer-one blockchain networks (Ethereum, Avalanche, Solana, Polygon, and others) and hundreds of popular dApps using The Graph. 

10-15 layer one blockchain networks and 100s dApps use The Graph

Before The Graph (GRT) existed, developers who wanted to create decentralized apps needed to index all of Ethereum’s data manually, which could take multiple developers months-years minimum to complete. The Graph indexes the previously unorganized blockchain data and makes it organized and more accessible for developers to create applications.

Before The Graph (GRT) existed, developers who wanted to create decentralized apps needed to index all of Ethereum’s data manually, which could take multiple developers months-years minimum to complete. The Graph indexes the previously unorganized blockchain data and makes it organized and more accessible for developers to create applications.

How much is GRT worth?

The live The Graph price today is $0.1539, with a 24-hour trading volume of $27,567,299 USD. We update our GRT to USD price in real-time. The Graph is down 5.79% in the last 24 hours. The current CoinMarketCap ranking is #44, with a live market cap of $790,688,187 USD. It has a circulating supply of 9,238,972,804 GRT coins and the max. supply is not available.

The Graph price analysis: GRT moves towards bearish dynamics at $0.1539

TL: DR Breakdown

• Graph price analysis shows an extremely bearish trend
• The GRT coin has dropped by 5.79% at the time of writing
• Graph prices have sought support at $0.1533

The Graph price analysis is showing signs of a decline since the price has been moving in a downward direction over the past 24 hours. Although the cryptocurrency was under bullish influence earlier this week, bears have taken back control of the market and are pushing prices lower. The token is trading around $0.1539, down 5.79% in the last 24 hours. Support levels are seen at $0.1533, and if the price drops below this level, the next support level is seen at $0.1089. 

On the upside, resistance levels are present at $0.1651, and if the bulls manage to break above this level, then we could expect further upside movement toward the next resistance level of $0.1760.

The Graph 1-day price analysis: GRT Price Stumbles At $0.1539 as the bearish Signal continues

The 1-day Graph shows that the digital asset is currently in a downtrend as it has failed to remain above the $0.1651 resistance level. The market is particularly unstable as a result of the wide range of price variations. The bears are seen as being in control of the market as they work to force prices lower.

GRT/USD 1-day price chart, Source: TradingView

The Graph technical indicators are also showing signs of bearishness, as the Relative Strength Index (RSI) score has moved down to the neutral zone at 52.62, which indicates that buyers are losing their grip on the market and bearish forces are dominating. The moving average convergence and divergence (MACD) level is currently moving into negative territory, with the signal line falling beneath the MACD line.

GRT/USD 4-hour price chart: Bearish pressure increases as prices stabilize at $0.1539

The 4-hour Graph price analysis indicates the prices are currently trading along a declining channel and have decreased by over 5.79 percent. The Graph price is trading below the $0.1539 level, indicating the presence of a bearish market. The short-term trend line has been descending, and the bears have been showing control over the market for the past few hours. The last four hours have been detrimental to cryptocurrency value, with the price falling noticeably.

GRT/USD 1-day price chart, Source: TradingView

The relative strength index (RSI) score is currently at 40.11 and is trending downward, which indicates that bearish forces remain in control of the market. The MACD line has recently crossed below the signal line, suggesting further losses for Graph. 

What to expect from Graph price analysis next

The Graph price analysis is under bearish control at this point in time. The price has seen a steady decline over the past few days and could continue to slide further if selling pressure persists. The Graph token shows that a move to the downside is more likely as the bulls have been unable to push price action any higher. The technical analysis suggests that the market could test a key support level near $0.1533 in the short term if bears keep pushing prices lower.

The Graph Price Predictions 2023-2032

Price Prediction By Cryptopolitan

Year	Minimum	Average	Maximum
2023	$0.1463	$0.1534	$0.1606
2024	$0.2152	$0.2229	$0.2543
2025	$0.3064	$0.3176	$0.3807
2026	$0.4411	$0.4570	$0.5238
2027	$0.6347	$0.6576	$0.7550
2028	$0.8927	$0.9190	$1.10
2029	$1.33	$1.37	$1.59
2030	$1.93	$2.00	$2.30
2031	$2.88	$2.96	$3.34
2032	$3.99	$4.14	$4.85

The Graph Price Prediction 2023

Based on the price fluctuations of Graph at the beginning of 2023, crypto experts expect the average GRT rate of $0.1534 in 2023. Its minimum and maximum prices can be expected at $0.1463 and at $0.1606, respectively.

The Graph Price Prediction 2024

Cryptocurrency experts are ready to announce their forecast for the GRT price in 2024. The minimum trading cost might be $0.2152, while the maximum might reach $0.2543.On average, it is expected that the value of Graph might be around $0.2229.

GRT Price Forecast for 2025

The Graph price is forecast to reach a lowest possible level of $0.3064 in 2025. As per our findings, the GRT price could reach a maximum possible level of $0.3807 with the average forecast price of $0.3176.

The Graph (GRT) Price Prediction 2026

After the analysis of the prices of Graph in previous years, it is assumed that in 2026, the minimum price of GRT will be around $00.4411. The maximum expected GRT price may be around $0.5238. On average, the trading price might be $0.4570 in 2026.

The Graph Price Prediction 2027

Based on the technical analysis by cryptocurrency experts regarding the prices of Graph, in 2027, GRT is expected to have the following minimum and maximum prices: about $0.6347 and $0.7550, respectively. The average expected trading cost is $0.6576.

The Graph Price Prediction 2028

Based on the analysis of the costs of Graph by crypto experts, the following maximum and minimum GRT  prices are expected in 2028: $1.10 and $0.8927. On average, it will be traded at $0.9190.

The Graph (GRT) Price Prediction 2029

According to our deep technical analysis on past price data of GRT, In 2029 the price of The Graph is predicted to reach at a minimum level of $1.33. The GRT price can reach a maximum level of $1.59 with the average trading price of $1.37.

The Graph Price Forecast 2030

The price of The Graph is predicted to reach at a minimum level of $1.93 in 2030. The The Graph price can reach a maximum level of $2.30 with the average price of $2.00 throughout 2030.

The Graph (GRT) Price Prediction 2031

Every year, cryptocurrency experts prepare forecasts for the price of Graph. It is estimated that GRT will be traded between $2.88 and $3.34 in 2031. Its average cost is expected at around $2.96 during the year.

The Graph Price Prediction 2032

As per the forecast and technical analysis, In 2032 the price of The Graph is expected to reach at a minimum price value of $3.99. The GRT price can reach a maximum price value of $4.85 with the average value of $4.14.

The Graph Crypto Price Prediction By DigitalCoinPrice

According to DigitalCoinPrice’s price prediction, the GRT token is expected to experience a bearish trend in the near future. The website forecasts that the price of GRT will be $0.11 and potentially reach a maximum of $0.17 by the end of the year, with a minimum price of $0.15.

Looking ahead to 2032, DigitalCoinPrice anticipates a significant surge in the price of GRT. It is predicted that the token’s value will surpass $4.59, with a minimum price of $4.43 throughout the year. Additionally, there is potential for GRT to reach a maximum value of $5.24.

The Graph Price Prediction By CryptoPredictions.com

According to CryptoPredictions.com, the GRT token is expected to see a gradual increase in value. The website forecasts that in April, the Graph price will start at $0.42 and end the month at $0.52. The projected maximum price for April is $0.24, while the minimum price is predicted to be $0.16.

Looking further into the future, by the end of 2027, CryptoPredictions.com predicts that the Graph token will have an average trading value of $0.71. The minimum value is expected to be $0.0.69, while the maximum value is projected to reach $0.80.

The Graph Price Prediction By Wallet Investor

Based on Wallet Investor’s analysis, they do not consider the Graph (GRT) token a favorable investment choice. Their prediction suggests a negative trend for the token’s future, indicating a potential price drop to $0.00879 by the end of 2024. Looking further ahead, Wallet Investor predicts that by the end of 2027, the GRT token could have an average trading value of $0.005, with a maximum value of $0.006 and a minimum value of $0.002.5.

The Graph Price Prediction by Industry Influencers

The Graph (GRT) token has gained significant attention in the cryptocurrency market since its inception, leading experts to make predictions about its future price trends. These predictions take into account several key factors, including market sentiment, adoption rate, technology updates, and regulatory changes.

The adoption rate of the Graph protocol plays a crucial role in driving the price of the Graph token. As more developers and projects integrate the protocol into their decentralized applications (dApps), the demand for the Graph token increases, thereby positively impacting its price. This trend is expected to continue as more developers embrace the Graph protocol. For instance, prominent crypto analyst Rovic predicts a 100% gain for the Graph token, forecasting that GRT will reach $0.32 by the end of March 2023.

The volatility of the GRT token has attracted the attention of numerous crypto analysts and strategists, who have shared their perspectives on its future price movements. One popular analyst and YouTuber, Crypto with James, predicts a potential spike of 24x for the GRT token, projecting a price of $1.5 by the end of 2024.

Another analysis from the Clinix Crypto YouTube channel focuses on the resistance and support levels for GRT. The presenter identifies the next price target to be between $0.115 and $0.1175, while acknowledging that Bitcoin’s performance may also influence GRT. In a worst-case scenario, the price of GRT is predicted to drop to $0.09.

It’s important to remember that cryptocurrency price predictions are speculative and subject to various factors. Investors should conduct thorough research and consider multiple sources of information before making any investment decisions.

Excited to see all the new applications and use cases built on @graphprotocol in 2023!

What are you most excited to see built?

— Tegan.eth (@theklineventure) January 3, 2023

.Also Read:

• The Graph price analysis: Bulls strive for recovery at $0.297. Will bears make a comeback?
• The Graph price analysis: GRT rallies to $0.167 as bulls gain 12.6 percent overnight
• Basic tips on how to stake GRT from experts
• How to Stake GRT: Basic Tips from Experts
• Web3 cryptocurrencies: Good investments for the future?

What is the Graph?

The Graph network is a decentralized data querying and indexing protocol that allows seamless data sharing across applications and the blockchain. It is the first blockchain-based querying and indexing platform in the crypto sphere. Since its inception in 2018, it has hit several billion of data queries. In April 2021 alone, the Graph processed over 20 billion data queries and has continued to gain more traction. It utilizes an ERC-20 token – GRT.

The blockchain, a decentralized database, is no doubt one of the revolutionary technologies of the modern age. It offers innumerable advantages over traditional database systems and finds application in every facet of our everyday lives. Some networks fail to quickly process and retrieve data from various apps on the network. This phenomenon is generally referred to as the “Blockchain Indexing problem.”

Like search engines’ webpage indexing, the Graph indexes data from supported blockchain networks like ETH, Arbitrum, Celo, XDAI, FANTOM, Avalanche, IPFS, BSC, Polygon, and PoA networks. The indexed data is grouped into subgraphs called publicly available APIs or open APIs accessible to developers. As of 2020, over 2300 subgraphs have been rolled out for several network participants.

After the institution of the Graph mainnet, the project created a viable environment for the absolute decentralization of Apps and ease of access to data on the blockchain. With its introduction of open APIs, developers and other participants on the network can easily create subgraphs to query, index, and fetch information for various DApps. Furthermore, the network’s functionality depends on Graph Nodes that execute a thorough scan of the blockchain’s database.

Indexing ensures that data structures about their use by DApps are defined. For efficient operations, the Graph requires the support of Indexers, Delegators, and Curators, all of whom make indexing services available to end-users, stake GRT tokens to protect the Graph network, and receive GRT tokens in reward payments. The incentivization of the contribution by developers and other participants to the network ensures that they provide accurate data and improve APIs. Also, end-users who query subgraphs get to pay GRT tokens to contributors via a gateway.

Indexers (yes, humans) create subgraphs and maintain them with the most accurate and up-to-date information. They are incentivized to do so because they receive both GRT rewards for indexing and a cut of the GRT query fees earned by the subgraphs they are indexing. dApps have already openly expressed that The Graph makes it easier to keep the indexes updated and maintained. The dApp developers don’t have to waste their time/resources to maintain their indexes. They prefer using The Graph versus drudging through the data themselves and maintaining their indexes.

The Graph offers developers cost-efficient, secure and intuitive APIs. Also, DApps can add data to the Ethereum network using smart contracts. Some of the fastest-growing DeFi platforms use the APIs provided by this network in the cryptosphere; Synthetix, Aragon, AAVE, DAOstack, Balancer, and Uniswap leverage this innovation to enhance data responsiveness.

The Graph Overview

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The Graph (GRT) Price History

GRT is an Ethereum-based token that serves as the network’s central governance and utility token. It can be utilized for global value transfer. The holders of the tokens gain rights in the ecosystem, and rewards are issued in GRT.

The Graph price is established as GRT tokens are exchanged in the digital currency market. In addition, other specific factors that dictate the price of GRT are technical features, total supply, project roadmap, regulations, upgrades, circulating supply, mainstream use cases, investor sentiments, etc.

Use cases of the Graph (GRT) Network

The difficulty in querying data on the blockchain birthed the Graph (GRT) network, and its application is specific to this concern. The properties of the blockchain network, such as chain reorganizations, finality, and structured blocks, complicate the indexing process, making it onerous to extract accurate query outcomes from data blocks.

The Graph disentangles the process by utilizing a decentralized protocol known as subgraphs that facilitates the systematic indexing and querying of information stored on the blockchain. The Graph (GRT) creates a global API that development teams can use to streamline operations and reduce processing times. Applications built on The Graph efficiently function while maintaining their decentralization. The solution offered by this innovation has continued to gain massive traction in the crypto ecosystem, and more dApps use cases are beginning to surface.

The Graph Network Developments

The Graph’s Multichain Incentive Program

On 25 August 2022, the Graph Foundation announced its next incentivization program for Indexers: Migration Infrastructure Providers (MIPS). The MIPS program bootstraps Indexers to add support for new chains on the decentralized network, enabling the migration of multi-chain subgraphs.

The program allocated 0.75% of the GRT supply (50M GRT), with 0.5% to reward Indexers who contribute to bootstrapping the network and 0.25% to migration grants for subgraph developers using multi-chain subgraphs. The program builds on the success of Mission Control, which introduced the first generation of Indexers to the network by accelerating infrastructure and network readiness.

The Graph’s Hosted Service Integrates First Cosmos Chain

The Graph’s hosted service has completed the beta integration of its 35th chain and third non-EVM network: Cosmos Hub. The implementation marks The Graph’s expansion into the Cosmos ecosystem and paves the way for many more. Beta support for the Osmosis zone in the Cosmos ecosystem is also underway!

Blockchain Devs can now query Cosmos Hub data with subgraphs easily using GraphQL. The Graph enables the developers to access blockchain data without requiring custom indexing infrastructure or relying on expensive and inefficient data indexing services that employ the value extraction and user monetization commonly found in web2 platforms.

Conclusion 

The developing team behind the Graph project is constantly acquiring partnerships and actively working on adding more integrations to the network. According to some experts, the Graph token will likely bring a ray of optimistic hopes to its long-term investors as it has a bright future ahead due to its robust fundamentals in the crypto space. The Graph token may even surpass $10 if it follows positive market sentiments and brings more use cases to the crypto community. 

However, the future price movement of GRT coins will solely depend on the market’s favorability and users’ adoption of the network worldwide. Cryptopolitan advises investors to do their own research and conduct experts’ opinions and investment advice before investing in the highly volatile crypto market. 

The Graph network provides developers with a convenient and quick way to establish a cost-effective path to decentralized applications. According to the crypto community, the Graph token may build a revolutionizing web3 structure as several analysts believe that the GRT token may even exceed the level of $15 if massive developments occur within the network. Due to its bright roadmap, the GRT token may trade above $0.25 by the end of 2023 and continue to bring investors significant ROI. 

With the general crypto market gaining positive momentum and all virtual currencies reaching new heights, we may see GRT prices climb in the future. Please do your own diligence before investing in any cryptocurrency, including GRT.