The Graph (@graphprotocol): The Graph Network shattered more records in Q3 2024, surpassing 5 billion queries on the network in a single quarter. This growth, paired with key pro…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- GRT+85Positive
The Graph Network shattered more records in Q3 2024, surpassing 5 billion queries on the network in a single quarter. This growth, paired with key protocol developments in Q3, showcases The Graph’s broader adoption across web3. Here are the top 7 key takeaways: 1️⃣ The network processed over 5 billion queries, nearly doubled query fees and increased active subgraphs on the network to 10,000 - a 5x increase since Q1 2024. 2️⃣ Support was added for Substreams-powered subgraphs on Solana with enhanced tools and developer documentation. Initial workshops, in collaboration with @solana_devs, drew interest from over 1,000 developers. 3️⃣ The Timeline Aggregation Protocol (TAP) debuted as a new receipt management framework - 60%+ of network queries are now powered by TAP v1. 4️⃣ @coinbase introduced the Coinbase 50 Index, featuring $GRT as a key DePin Utility Token. 5️⃣ @blockscoutcom integrated The Graph into its dapp marketplace, enabling seamless navigation between Blockscout and The Graph Explorer to easily identify decentralized data-powered apps. 6️⃣ The Graph ecosystem hosted the 2nd annual Datapalooza in Bangkok, attracting over 450 attendees and featuring 15 speakers from 12 projects. 7️⃣ Coinbase enabled GRT on @base as a first step towards multichain deposit/withdrawal functionality. These achievements help to showcase The Graph’s role as an essential part of web3’s data tech stack. With growing adoption, innovative integrations, and expanding partnerships, The Graph is well-positioned to drive the next wave of decentralized data innovation.