What is The Graph (GRT) market overview: price, market cap, trading volume, and liquidity analysis?

Current Price at $0.036 with 24-hour decline of 1.91% and weekly gain of 17.58%

The Graph's token currently trades at $0.036 USD, reflecting the ongoing market dynamics that characterize this decentralized indexing protocol. Over the past 24 hours, GRT has experienced a modest 1.91% decline, placing it within a trading range bounded by $0.03268 at the low end and $0.036 at the high end. Despite this short-term pullback, the broader weekly perspective reveals notably stronger performance, with GRT demonstrating a 17.58% gain over the past seven days. This recovery showcases the token's resilience and suggests renewed buying interest among traders following earlier losses. The 24-hour trading volume has maintained substantial levels, hovering around $24 million USD, indicating healthy liquidity conditions across major exchanges. These price movements reflect typical market volatility for mid-cap cryptocurrencies, where GRT competes with other DeFi infrastructure tokens. Investors monitoring The Graph's price action should note that the divergence between the negative 24-hour performance and positive weekly gains suggests consolidation patterns, potentially signaling preparation for directional movement. The current price level represents a significant recovery from December lows, though substantial distance remains before reaching previous resistance levels from earlier in the year.

Market Cap and Supply Metrics: Circulating supply of 9.54B against maximum supply of 10.80B

The Graph's tokenomics reveal a mature supply structure with 9.54 billion GRT in active circulation against a fixed maximum supply of 10.80 billion tokens. This 99.04% circulation ratio indicates that nearly all tokens have already entered the market, limiting future dilution concerns for existing holders. With a market capitalization of approximately $353.5 million based on current valuation, GRT maintains a significant presence among blockchain infrastructure projects.

The distinction between circulating and maximum supply is crucial for understanding GRT's long-term economic model. Unlike projects with substantial uncirculated reserves, The Graph's high circulation percentage suggests that inflationary pressure from new token releases is minimal. This structure supports price stability and reflects the protocol's maturity since its launch. The maximum supply cap of 10.80 billion establishes a predictable upper limit for token creation, aligning with The Graph's designed economics where tokens serve dual functions: incentivizing indexers through staking mechanisms and enabling curators to signal subgraph value within the network ecosystem.

Trading Volume and Liquidity Analysis: 24-hour trading activity and exchange distribution across major platforms

The Graph's 24-hour trading volume currently stands at approximately $21 million USD, reflecting active market participation across multiple cryptocurrency exchanges. This trading volume represents the total value of GRT traded within a single day, serving as a critical indicator of market liquidity and investor engagement. Higher trading volumes typically signal stronger market confidence and improved price discovery mechanisms for GRT.

The distribution of GRT trading activity spans across 64 different cryptocurrency exchanges worldwide, with significant concentration on major platforms. This broad exchange distribution enhances accessibility for global traders seeking to buy or sell GRT positions. The presence of GRT on multiple platforms means traders can execute transactions with greater flexibility, comparing prices and liquidity conditions across venues to secure optimal trading conditions. The liquidity analysis reveals that trading volume is strategically distributed rather than concentrated on a single exchange, reducing counterparty risk and promoting market stability.

For active traders, this 24-hour trading volume provides insight into market depth and slippage potential. Adequate liquidity ensures that both large and small trades can be executed with minimal price impact. The Graph's presence across numerous exchanges means that GRT holders have multiple avenues to enter or exit positions efficiently. When analyzing The Graph's trading activity, investors should consider that stable or growing 24-hour volumes often correlate with sustained interest in the protocol's utility for blockchain data indexing, ultimately supporting the long-term viability of the GRT token within the decentralized finance ecosystem.

FAQ

What is The Graph (GRT)? What are its main functions and use cases?

The Graph (GRT) is a decentralized protocol for indexing and querying blockchain data efficiently. Known as the 'Google of blockchain,' it enables developers to build decentralized applications by providing easy access to blockchain information across multiple networks.

What is the current price of GRT? How does its market cap rank?

The Graph (GRT) currently has a market cap of approximately CN¥2,403,360,776.00, ranking 156th globally by market capitalization. GRT trades actively with strong liquidity across major platforms.

What is the trading volume and liquidity of GRT? Which exchanges can trade it?

GRT maintains high trading volume and strong liquidity across major markets. The token is widely available on leading centralized exchanges with substantial trading pairs and deep order books, enabling efficient price discovery and easy entry and exit for traders.

How has GRT's historical price performed? What are the important price fluctuation events?

GRT reached its all-time high of $2.84 in February 2021. The token experienced significant volatility in 2021 and continued price fluctuations through 2023. Key movements were driven by market sentiment, adoption developments, and the broader crypto market cycles.

What is the total supply of GRT? What are the token allocation and inflation mechanism?

GRT has a total supply of approximately 10.8 billion tokens, with a circulating supply of 104.69 billion. The token employs an inflation mechanism that enables continuous generation of new tokens through network validation and indexing rewards.

The Graph compared to other blockchain data indexing projects, what are its advantages?

The Graph offers decentralized indexing with open APIs, enabling anyone to query blockchain data efficiently. Its global indexer network, comprehensive subgraph ecosystem, and multi-chain support provide superior data accessibility and reliability compared to centralized alternatives.

What are the main risk factors of GRT? What do I need to understand before investing?

GRT's main risks include slow price movement and market volatility. Before investing, understand its blockchain technology foundation, market potential, and indexing protocol mechanisms. Consider your risk tolerance and investment horizon carefully.

What is GRT's future development prospect and roadmap?

The Graph demonstrates stable growth momentum. The team focuses on core technology expansion to enhance data processing efficiency and reduce indexer costs. With continuous investment in infrastructure upgrades, GRT is well-positioned to strengthen its long-term competitive advantage in the decentralized data indexing space.