Ethereum has turned out to be the most prominent blockchain technology the world has ever seen. A number of projects have been joining the dots that Ethereum has left behind. One such protocol is “The Graph”, which is an indexing protocol for queering networks such as Ethereum. The network lets anyone build and publish open APIs, which they call “Subgraphs”. 

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The tech employed by the protocol opens up an array of opportunities for emerging sectors like Web 3.0. Successively, The Graph is helping build Defis, governance protocols, and marketplaces, to name a few. GRT is the protocol’s native asset, which is an Ethereum token, that is used for administering resources within the network. 

We have come across instances where The Graph token has portrayed a gargantuan run to its ATH. Will GRT pose another such rally you ask? Look no further, as this write-up will get all your doubts sorted. As we decode the feasible price predictions for 2022 and the years to come. 

Overview

The Graph (GRT) Price Prediction For 2022

  The Graph had walked into the year 2022, with a price tag of $0.6409. With the lack of any bullish signals, amidst heavy sell-offs. As the RSI plummeted to historical bottoms, the asset breached its 5-month low of $0.5484, by the 18th of January. Increased sell-offs, further took the price to $0.397,  by the 25th of January. Ranging sideways until the 3rd of February, a leg-up took the price to $0.524.

But turbulence in the market, influenced by geopolitical tensions and soaring inflation rates, called for another downswing. Which took the asset to levels of around $0.3145. Thereafter an uptrend helped close the quarter at $0.5275.

The Graph’s (GRT) Price Prediction For Q2

GRT’s price has slipped down yet again and has found grounds at its support levels around $0.3440. An influx of volumes will help the altcoin establish, its hold at $0.4176. A bullish surge from which, will push the price to $0.5275, by the end of the quarter. 

On the flip side, diminishing volumes could drag the price down to $0.3248. That said, a balance in buying and selling pressures will settle the price at $0.410.   

GRT’s Forecast For Q3 

 If the price of the digital coin carries forward its bullish stance from the third quarter. It could claim a price tag of $0.592. Further seeking impetus from developmental initiatives and collaborations, coming from the network’s APIs and Web 3 initiatives. The price of GRT could propel to its quarterly high of $0.8161. 

Whilst a balance in trade activities could settle the price at $0.6650. The protocol losing its foothold in the business, and negative criticism, could slash the price down to $0.5207.

The Graph’s Prediction For Q4

  Earlier in 2021, the network had made announcements that they are looking forward to expanding the blockchain protocol to Bitcoin and others. If this happens in the periphery of 2022. The new integrations can draw new investors to induce the GRT coin price to hike to $1.443. 

If the protocol falls prey to negative criticism and massive liquidations, the price might as well fall to $0.8641. A linear price projection without the interference of any major catalysts will result in the price finding grounds at $1.083.   

The Graph Price Prediction 2023

 The network has already built a faster, cost-efficient, and agile platform. If it further serves in the way to enhance the user experience of the project. Then users might turn bullish for the asset, as a result of which, the price may hit a maximum of $3.1009. On the flip side, emerging rivals, and the users lacking the interest could result in a fall to $1.543. 

Price Prediction For The Next Five Years

  By the next five years, GRT might be considered the currency to build a new decentralized generation. If the community focuses on investing in certain other projects and enhancing the blockchain infrastructure. Then the GRT coin’s price can smash a new ATH of $6.207, in the next five years.

On the flip side, The Graph price seemed to be slightly volatile after the previous market crash. In the long run, if the coin continues with skyrocketing volatility levels, then the price may flip down to $3.380. Moreover, if the altcoin manages to reverse the downside pressure it might move at linear ranges of $4.649.

What Does The Market Say?

Wallet Investor:

  According to Wallet Investor’s algorithm-based forecast. The Graph’s price could be as high as $0.0932, by the end of 2022. And in case of a bearish trap, it could flip to $0.0.0311. Successively, GRT’s price is expected to soar to a maximum of $0.0544, by the end of 2025. And in the case of average buy and sell pressures, the regular price could settle at $0.036. On the contrary, the price could flip down to $0.0181. 

Trading Beasts:

  Trading Beasts has revised its prediction for the GRT price. It expects the token to hit a maximum of $0.0635, by the end of 2022. On the contrary, trend reversals in the market could plummet the price to $0.0432. And with average buying and selling pressures, it would end up trading at $0.0508 by the end of 2022.

Digital Coin Price:

Digital Coin Price has revised its price prediction for GRT. According to the firm, the price will reach $0.49 by 2022. And rally further to cross $0.54 by the end of 2023. By the end of 2025, the price may hit a maximum of $0.70.

Click here to read our price prediction of NEM (XEM)! 

What Is The Graph (GRT)?

The Graph (GRT) is a decentralized protocol for querying and indexing the data from blockchains. GRT indexes data from eminent networks like Ethereum, and Filecoin amongst others. The network had earlier announced possible integrations with other blockchain networks like Bitcoin and Polkadot. 

The network became a dream-come-true event for the CEO of The Graph, Yaniv Tal. Working with his team, Pohlman and Brandom Ramirez and many others. He envisioned developing an indexing protocol to bridge the gap between blockchain data and the user end. As they got close to it, they realized the absence of decentralized software and shifted their vision towards the latter. 

The Graph coin is an ERC-20 token powered by Decentralized Finance (Defi). The token can be used to create smart contracts on the blockchain. Powering the network, the graph crypto, serves as an exchange medium. It is also in use for rewarding the network’s community. The maximum supply of the coin is capped at 10,000,000,000. 

User nodes in the network can stake the tokens they hold to earn profit margins. Moreover, stakers, who are not indexers, can delegate a part of their Graph coin to existing indexers. As a result, they can gain a fraction of the node’s reward as well!

Fundamental Analysis

 The Graph is an indexing protocol and global API for organizing blockchain data making it easily accessible with GraphQL. The network acts as the middle layer between various blockchains and decentralized apps. It also makes the work easy for developers to create dApps by organizing smart contract data on the Ethereum blockchain called subgraphs.

What are subgraphs? The network contains subgraphs, which contain a manifesto. That is, a subgraph will contain every data about the transactions on the blockchain. In simple words, these are open APIs, which anyone can build on the network! 

The ecosystem of this network is quite complex yet not difficult to comprehend. The Graph node, also called the Indexer plays a pivotal role in indexing the data. The end users are called the Consumers and can fetch any query from the indexers. As an exchange, they pay the indexers. The Graph is not complete without its Delegators, Curators, Arbitrators, and Fishermen. 

The Graph coin staking is a crucial part of the network and involves users and nodes! Other than delegators who receive a part of the indexer’s rewards, users can amass a segment too! Just like delegators, they also stake their GRT tokens. Subsequently, they earn rewards from the nodes running the interface seamlessly!

Our GRT Price Prediction

As the network addresses an extensive real-time problem, promising to resolve it, the Graph price might boom on this note. According to Coinpedia’s formulated GRT price prediction. If the community explores new blockchain integrations it may punch a new high of $0.8, this year. Conversely, being new to the crypto space, if the coin remains volatile, then the Graph’s price may whirl down to $0.5.   

Historic Price Sentiments

2020

GRT made its existence in the crypto space on 18 December 2020 with a cost of $0.17 according to Coinmarketcap. Effectively, the token surged to $0.68 within a few days of entering the market. Shockingly, the price dropped to $0.35 on 26 December and further jumped to $0.45 within a day. As the bears were ruling the market, the price further sank to a support level of $0.36 in December-end. 

2021 

The token entered the year 2021 on a bearish note with a price of $0.35 in early January. Later, the token started to recover and marked its ATH at $2.88 on 12 February 2021. On 19th May, when the market crashed, the GRT coin price dipped from $1.23 to $0.75. Subsequently, the Graph coin tried recouping from the fall. Yet, its fad is below $1.

Earlier in February, the interface announced the commencement of a Software development company- Edge & Node, aiding blockchain protocol development. Followed by which the GRT price has recorded an ATH of $2.88 on February 12th, 2021. However, the altcoin has managed to keep up the price momentum around $2. Due to the Chinese market crash in May, the price heavily plunged back to $0.77 by late July. From there, the price has consolidated between $0.6 to $0.8 till the end of Q3.

The altcoin has kickstarted with a massive surge since the start of the quarter. Initially, the GRT surpassed the $1 mark within a few days after the start of the quarter.  However, as the altcoin lost its ground around $1, bears haunted the rally up to $0.65 by the end of 2021.

To read our price prediction of Kusama (KSM) click here!

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