A crypto project, The Graph showcased its token price performance, GRT which has been outstanding over the past four days with a jump of over 45%.
On March 13, the GRT was only worth $ 0.32 before rocketing past the $ 0.46 price level today.
Even so, these assets still need a price increase of at least 526% to redeem the record high value of all time (ATH) on February 12, 2021.
What happen?
These three factors deserve attention to see organic GRT price growth:
Sub-graph transitions
The Ethereum sub-graph began to be moved to The Graph mainnet.
The Graph ecosystem is championing decentralization as Ethereum subgraphs continue to migrate to The Graph Network 🛸
Here’s an update shedding more context on the state of migration, query fees, & resources to help you migrate your subgraph today! https://t.co/Z26rrISXas
- The Graph (@graphprotocol) March 10, 2022
Sub-graphs refer to any data that The Graph obtains from Ethereum and how it is stored. It is also known as an API or an open source application program interface.
So far there are already 282 completed sub-graphs and there are still balances that will be moved in stages each week.
Grant The Graph
The Graph Foundation has launched The Graph Grants or grants that enable the transition of the mainnet and boost the use of GRT.
The grant process also offers interested parties to receive funds during the transition to the mainnet.
The grant covers costs related to gas prices, shifting charges, and marketing.
Graph Day 2022
Graph Day is scheduled to take place on June 2, 2022 in San Francisco.
In this event there are several programs run, such as:
Presentations from key protocols and Dapp developers focused on the Web3 community.
The three-day hackathon starts June 3-5.
As of the writer, GRT is still holding up with a jump of over 19% in 24 hours, trading at $ 0.425 per unit.
