Why did the price of GRT fall?

The Graph (GRT) dropped 1.85% in the last 24 hours to $0.0635, underperforming the overall crypto market, which rose 0.29%. The main reasons are:

1. Technical Resistance – GRT couldn’t break above important moving averages
2. Sector Shift – Investors are moving from AI/DePIN tokens to Bitcoin as BTC dominance grows
3. Lower Trading Volume – A 15% decrease in trading activity shows weakening momentum

Deep Dive

1. Technical Resistance (Negative Impact)

Overview: GRT is trading below its short-term (7-day at $0.0637) and medium-term (30-day at $0.074) moving averages. The long-term moving average (200-day at $0.0915) is also acting as a strong resistance. The Relative Strength Index (RSI) values (7-day at 45.45 and 14-day at 40.64) indicate the coin is neither strongly bought nor oversold, but there’s no clear upward momentum.

What this means: GRT’s repeated inability to stay above the 7-day moving average suggests traders are selling to take profits around $0.064–$0.065. A small positive signal from the MACD indicator (+0.000236) hints the price might stabilize, but more buying is needed to change the downward trend.

What to watch: If GRT closes above $0.065, it could signal a short-term recovery. However, falling below $0.063 might lead to testing the yearly low near $0.0395.

2. Sector Shift Toward Bitcoin (Negative Impact)

Overview: Bitcoin’s market share increased to 59.26%, up 0.37% from last month. This shows investors are moving money from alternative cryptocurrencies (altcoins) like GRT to Bitcoin, especially during uncertain market conditions (Fear & Greed Index at 34, indicating fear).

What this means: Tokens related to AI and decentralized physical infrastructure networks (DePIN), such as GRT, are facing selling pressure as investors prefer the relative safety of Bitcoin. GRT’s trading volume dropped 15% to $21 million, underperforming the AI crypto sector, which had mixed results despite Nvidia’s recent $5 billion partnership with Intel (CoinJournal).

3. Profit-Taking After Grayscale Fund Inclusion (Mixed Impact)

Overview: GRT was added to Grayscale’s Decentralized AI Fund with a 6.2% allocation on October 9, 2025 (Crypto.news). However, the initial price boost faded as overall market sentiment worsened.

What this means: While institutional interest initially helped GRT, investors have started taking profits, especially since GRT’s price has dropped about 40% over the past 90 days.

Conclusion

GRT’s recent decline is due to technical resistance, a general weakness in altcoins, and fading momentum after the Grayscale announcement. Its role in DePIN and AI projects remains strong, such as the Chainlink CCIP integration for cross-chain staking. However, in the short term, Bitcoin is favored by investors.

Key points to watch: Will GRT hold the $0.063 support level as Bitcoin dominance rises, or will more money leave altcoins? Keep an eye on the Fear & Greed Index and GRT’s 24-hour trading volume for signs of a turnaround.

What could affect the price of GRT?

The future of The Graph (GRT) depends on its ability to expand across multiple blockchains, growth in related tech sectors, and overall market conditions.

1. Cross-Chain Growth – Integration with Chainlink CCIP could enable GRT to work across several networks by late 2025.
2. DePIN and AI Sector Growth – Increasing demand for AI and data indexing could boost GRT’s role in web3 infrastructure, with a 67% gain so far this year.
3. Market Conditions – Bitcoin’s strong market share (59.24%) and a moderate Fear Index (34/100) are putting pressure on alternative cryptocurrencies.

Deep Dive

1. Cross-Chain Utility & Staking (Positive Outlook)

Overview: The Graph completed integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) in May 2025. This allows GRT tokens to move between blockchains like Solana, Arbitrum, and Base. Soon, users will be able to stake GRT and pay query fees across these chains, making it easier for developers to access data from multiple networks. Currently, The Graph supports over 90 blockchains, and query activity has increased by 80% year-over-year, reaching 11.8 billion queries in the first half of 2025.

What this means: By connecting multiple blockchains, The Graph reduces barriers for developers, which could increase demand for GRT tokens used for payments and staking. Historically, GRT’s price jumped 40% after the CCIP integration was announced (CoinJournal).

2. DePIN & AI Sector Growth (Mixed Outlook)

Overview: GRT is part of Grayscale’s Decentralized AI Fund, making up 6.2% of the portfolio, and ranks sixth among DePIN (Decentralized Physical Infrastructure Networks) projects by market value at $1.93 billion. However, competitors like SubQuery, which indexes data across 300 blockchains, and Render, which is shifting focus to AI, challenge The Graph’s position in data indexing.

What this means: While the DePIN sector is expected to grow significantly, potentially reaching a $3.5 trillion market by 2028 (KuCoin), The Graph needs to keep innovating and adding support for new blockchains like Monad and Peaq. Without this, it risks losing market share to competitors.

3. Tokenomics & Market Dynamics (Neutral to Bearish)

Overview: GRT has a 3% annual inflation rate to reward network participants called indexers, but token burning only offsets about 1% of this inflation (The Graph Docs). With 10.5 billion GRT tokens currently circulating (92% of the total supply), sustained price growth depends on either:

• Increasing query fees by over 20% annually (currently about $6.76 million per month)
• Reducing selling pressure from token holders (there are 168,000 wallets delegating GRT)

What this means: GRT’s price has dropped 40% over the past 90 days, which is typical for projects with high fully diluted valuations during bearish markets. To reverse this trend, GRT needs to break above the $0.095 resistance level seen in July.

Conclusion

The Graph’s medium-term prospects balance promising cross-chain capabilities with challenges from inflationary tokenomics and sector competition. Keep an eye on GRT’s token burn rate after CCIP adoption and trends in query volume—if monthly queries stay above 1 billion, it could indicate strong demand for The Graph’s infrastructure that outweighs inflation. Also, watch whether Bitcoin’s dominance decreases enough to boost liquidity in altcoins like GRT.

What are people saying about GRT?

The Graph’s community is balancing between cautious trading and optimistic bets on its technology. Here’s what’s trending:

1. Cross-chain growth through Chainlink CCIP is boosting confidence
2. Price holding steady around $0.09 is sparking debate among traders
3. Web3 data leadership is attracting more developers

In-Depth Look

1. @graphprotocol: GRT’s Cross-Chain Expansion Looks Promising

"With Chainlink CCIP integration, GRT connects data across multiple blockchains – from Solana to Arbitrum."
– @graphprotocol (283K followers · 1.2M impressions · 2025-05-21 19:17 UTC)
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What this means: This is positive for GRT because cross-chain staking and query fees could increase the token’s usefulness across more than 90 blockchains. However, full benefits depend on the rollout of the necessary bridging technology.

2. @johnmorganFL: Analytics Tokens Leading the Pack, But Can They Keep It Up?

"GRT & ARKM are driving a $1.49 billion surge in analytics tokens – but sustainability is uncertain."
– @johnmorganFL (41K followers · 89K impressions · 2025-07-16 12:17 UTC)
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What this means: The outlook is neutral. GRT’s query volume jumped 80% in Q2 2025 to 11 billion, showing strong usage growth. Still, the token price remains about 95% below its all-time high.

3. CoinMarketCap Community Post: Price Stuck Near $0.09, Risk of Drop

"GRT is trading between $0.0900 and $0.0930 – if it can’t hold support, it might fall to $0.08."
– CoinMarketCap Analyst (Verified · 2025-08-19 09:21 UTC)
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What this means: The technical outlook is bearish with weakening momentum (RSI at 48). About 30% of holders are currently at a loss based on IntoTheBlock data.

Conclusion

The overall view on GRT is mixed. There’s optimism around its expanding cross-chain capabilities thanks to Chainlink integration, which is already live on Solana and Arbitrum. However, traders are watching the $0.08 to $0.10 price range closely, as it could determine the token’s next move. Keep an eye on how widely CCIP is adopted and whether the 168,000 delegators continue to earn rewards during this period of low price movement.

What is the latest news about GRT?

The Graph is making moves in AI integration and benefiting from clearer regulations, while expanding its data infrastructure. Here’s the latest update:

1. Added to Grayscale’s AI Fund (October 8, 2025) – Institutional interest grows as GRT joins a $22.5 billion ETF portfolio.
2. DePIN Sector Spotlight (October 14, 2025) – Recognized as a leading decentralized infrastructure project in a $32 billion market.
3. SEC Supports DePIN Model (September 30, 2025) – Regulators confirm GRT’s status as a utility token, reducing compliance concerns.

Deep Dive

1. Added to Grayscale’s AI Fund (October 8, 2025)

Overview:
Grayscale included The Graph (GRT) in its Decentralized AI Fund during the third quarter portfolio update. GRT now makes up 6.2% of this fund, which focuses on projects combining AI and blockchain technology. Other holdings include NEAR, Bittensor, and Render.

What this means:
This is positive news for GRT because institutional investment can create steady demand. Grayscale’s AI Fund manages $22.5 billion in assets, so GRT’s inclusion signals confidence in its role in decentralizing AI data. However, ETF portfolio changes could lead to some selling if allocations shift. (Binance News)

2. DePIN Sector Spotlight (October 14, 2025)

Overview:
The Graph was featured in KuCoin’s report on top DePIN (Decentralized Physical Infrastructure Networks) projects. It has a market value of $1.93 billion and supports data indexing across multiple blockchains for AI and decentralized finance (DeFi) applications. The DePIN sector has grown to $32 billion in 2025, driven by networks that tokenize infrastructure.

What this means:
This is neutral for GRT. While the sector’s growth could benefit all DePIN tokens, competition is strong from projects like Filecoin and Arweave. The Graph’s 67% annual gain is solid but trails behind Render and Bittensor, which have seen gains over 150%. This suggests The Graph needs to further differentiate itself. (KuCoin)

3. SEC Supports DePIN Model (September 30, 2025)

Overview:
SEC Commissioner Hester Peirce clarified that DePIN tokens like GRT are not considered securities if they reward network participation instead of focusing on profit. The SEC also issued a no-action letter for DoubleZero, a DePIN project, signaling regulatory support.

What this means:
This is good news for GRT because clearer regulations reduce legal uncertainty. The Graph’s token model rewards those who help maintain the network, fitting the SEC’s guidelines for utility tokens. This could encourage more cautious institutional investors to get involved. (CoinGape)

Conclusion

The Graph is gaining traction with institutions and regulators but faces tough competition in the AI and DePIN space. Technical improvements like Solana support (July 2025) and Chainlink CCIP integration (May 2025) boost its usefulness. However, GRT’s 40% drop in price over the past 90 days shows there are risks ahead. The key question: can The Graph’s cross-chain data tools outpace competitors before the next Altcoin Season begins?

What is expected in the development of GRT?

The Graph is making progress with these key developments:

1. Cross-Chain GRT via Chainlink CCIP (Q4 2025) – This will allow GRT tokens to be used across different blockchains like Solana, Arbitrum, and Base for staking and paying query fees.
2. Graph Assistant Launch (Q1 2026) – A user-friendly AI tool that lets people ask blockchain questions using everyday language, no coding needed.
3. SQL-Powered Data Engines (2026) – Advanced data tools designed for businesses to run complex analytics and reporting.

Deep Dive

1. Cross-Chain GRT via Chainlink CCIP (Q4 2025)

Overview
The Graph is working with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable GRT tokens to move smoothly between different blockchains like Solana, Arbitrum, and Base. This means developers can stake GRT, delegate tokens, and pay for data queries across multiple platforms without hassle. The success of this depends on The Graph’s bridging technology being ready (CoinMarketCap).

What this means

• Positive: This expands how GRT can be used, attracting developers from various blockchain communities.
• Potential challenge: Delays in building the bridge could slow down adoption.

2. Graph Assistant Launch (Q1 2026)

Overview
The Graph is developing an AI-powered assistant that lets users ask questions about blockchain data using natural language—no programming skills required. It builds on existing tools like Substreams and Token API to make blockchain data more accessible to everyone (The Graph).

What this means

• Positive: Makes blockchain data easier to use for people without technical backgrounds, which could increase GRT usage in apps aimed at everyday users.
• Neutral: The tool’s success depends on how well the AI understands queries and works with current data structures.

3. SQL-Powered Data Engines (2026)

Overview
The Graph plans to add SQL support to its indexing system, making it easier for businesses to perform detailed data analysis and reporting in real time. This is designed to meet enterprise needs and follows the GRC-20 standard for cross-chain data (The Graph).

What this means

• Positive: Could attract larger companies to use GRT for data services, increasing demand.
• Potential challenge: Other services like Chainlink Data Streams may compete for the same market.

Conclusion

The Graph is focusing on making GRT work across multiple blockchains, improving user-friendly AI tools, and building powerful data solutions for businesses. While there are risks in delivering these upgrades on time, these steps could help GRT become more widely used beyond just crypto experts. The big question is whether adoption will keep up as the blockchain landscape moves toward more modular and interconnected systems.

What updates are there in the GRT code base?

In July 2025, The Graph (GRT) made important upgrades to its infrastructure and improved how it works across different blockchains.

1. Heimdall v2 Helm Chart (July 2025) – Made it easier to set up and monitor The Graph’s system using Kubernetes.
2. Dependency Upgrades (July 2025) – Enhanced network stability and added support for new Ethereum features.
3. Data Ingestion Benchmarks (July 2025) – Tested faster tools for processing blockchain data.

Deep Dive

1. Heimdall v2 Helm Chart (July 2025)

Overview:
This update simplifies how The Graph’s indexing system is deployed on Kubernetes, a popular platform for managing software applications. It reduces the complexity for those running nodes (computers that help process and store blockchain data).

The new Helm chart for Heimdall v2 comes with built-in monitoring tools like Prometheus and Grafana dashboards. These tools let operators track system performance in real time and ensure consistent setup across different deployments.

What this means:
This is good news for GRT because it makes it easier for more people to run nodes, which can lead to a more decentralized and efficient network. Faster deployment and better monitoring improve the overall reliability of The Graph.
(Source)

2. Dependency Upgrades (July 2025)

Overview:
Key software components such as Erigon, Lighthouse, and Proxyd were updated to improve how nodes sync with the blockchain and communicate using RPC (Remote Procedure Call) methods.

Proxyd added weighted routing and support for the eth_blobBaseFee method, which helps indexers manage Ethereum’s new blob transactions introduced in the Dencun upgrade. Erigon’s latest version improved block processing speed by 15-20% in tests.

What this means:
This update mainly improves backend performance and stability. While it doesn’t directly affect users, it helps indexers handle large amounts of data more smoothly, especially on busy blockchains like Ethereum and Arbitrum.
(Source)

3. Data Ingestion Benchmarks (July 2025)

Overview:
The Graph team tested new data processing tools, RisingWave and ClickHouse, to replace older indexing methods.

Early results showed RisingWave cut indexing delays by about 30% when handling live blockchain data. The tests also looked at ways to process data in parallel to use resources more efficiently.

What this means:
This is positive for GRT because faster indexing attracts developers building time-sensitive decentralized apps (dApps), like those in DeFi or NFTs. Better scalability could also lower costs for querying data over time.
(Source)

Conclusion

The Graph’s July 2025 updates focus on making its infrastructure more scalable and ready to work across multiple blockchains. While these improvements are mostly behind the scenes, they strengthen the network’s foundation as a key data provider for Web3. It will be interesting to see how adopting RisingWave might boost GRT’s role in AI-powered dApps.