Updates and info on the leaders in #web3
Tokenization ๐ Blockchain ๐ Decentralization ๐ Autonomy ๐ Utility ๐ Data ๐ AI ๐
#GRT#LINK#SOL#AVAX#VET
#GRT ๐ $GRT ๐ #Web3
"The Graph's protocol is set to be a foundational layer of the decentralized web, driving innovation and adoption across the blockchain ecosystem."
@graphprotocol
We invested in The Graph (GRT) because its indexing protocol is crucial for the growth and efficiency of decentralized applications (dApps).
By enabling developers to query blockchain data quickly and efficiently, The Graph significantly enhances the performance and usability of dApps across multiple blockchains.
This technology not only reduces the time and resources needed to build decentralized platforms but also empowers developers to create more robust and user-friendly applications.
As the demand for dApps continues to surge, The Graph's protocol is set to be a foundational layer of the decentralized web, driving innovation and adoption across the blockchain ecosystem. #Blockchain #dApps #TheGraph #GRT #Innovation
$AVAX ๐ #AVAX
"a unique method of scaling and gaining popularity with developers"
Avalanche to Hit $250 and Outperform Bitcoin by 2029, Says Standard Charteredโs Geoff Kendrick https://t.co/peJoscM8j0
"What has been really important to BlackRock in our journey in the digital asset space, has been the maturing of infrastructure in digital assets"
๐ Blockchain ๐ Data ๐ Web3
@graphprotocol#grt
#GRT ๐ $GRT
"Grayscale Decentralized AI Fund is one of the first securities solely invested in and deriving value from the price of native tokens of decentralized AI protocols. Decentralized AI refers to the integration of artificial intelligence & blockchain technology"
#web3
#GRT ๐ $GRT
"The surge in growth of queries on the decentralized network indicates that developers and consumers of blockchain demand data that is secure, reliable and censorship-resistant from a decentralized source."
@graphprotocol#web3
https://t.co/a5JuuNEdRS via @bitcoinnews
#GRT ๐ $GRT ๐ #Web3
"As AI scales, the demand for crypto coins like GRT could surge as the Graphโs data infrastructure could grow exponentially."
#AI#BlockchainData@graphprotocol
https://t.co/DXSKXImJzb
#GRT ๐ $GRT ๐ #Web3
"Developers and investors consider it a handy tool in blockchain query, further boosting its reputation in the decentralized ecosystem. The Graph team consists of hardworking individuals committed to building relevant utility around the network"
@graphprotocol
https://t.co/IM03bbyyhQ
In Q2 2024, queries on The Graph Network reached all-time highs following the completion of the Sunrise initiative โ๏ธ
The new record? 3 billion queries in a single quarter ๐คฏ
Additionally, The Graphโs core devs shipped several exciting new features, significantly enhancing the developer experience on the network ๐ฅ
Here are the top 7 key takeaways from the Q2 2024 Participant Update โฌ๏ธ
1๏ธโฃ The Graph Network experienced significant growth, serving nearly 3 billion queries in the quarterโan almost 100% quarter-over-quarter increase.
2๏ธโฃ With the Sunrise of Decentralized Data concluded, over 7,000 subgraphs are now active on The Graph Network. This includes projects like @aave, @ensdomains, @artblocks_io, @Balancer, @SnapshotLabs, @decentraland, @LidoFinance, @MessariCrypto, @PancakeSwap and @SushiSwap.
3๏ธโฃ Scaling via @arbitrum on L2 is officially complete. Queries and fees are now being processed exclusively on L2.
4๏ธโฃ @streamingfastio launched Codegen, a no-code tool, which prompts developers with questions to auto-generate fully working Substreams. It provides a complete developer environment that remotely compiles the project.
5๏ธโฃ @graphopsxyz launched GraphSeer, an ecosystem dashboard showcasing Indexer and subgraph deployments data. Itโs designed to empower Subgraph Users, Indexers and Delegators to optimize their performance and maximize their impact on the network.
6๏ธโฃ With the help of @Infra_DAO, new chains continue to integrate with The Graph and complete the official Chain Integration Processes (CIP). Recently integrated chains include: @BNBCHAIN, @Base, @LineaBuild and @Scroll_ZKP with many more in process.
7๏ธโฃ @BuildersDAO continued to provide expert support to web3 builders including supporting in person hackathons at ETH Kyiv and Hackโn Heights. Additionally, BuildersDAO just launched a new website, https://t.co/7lO8hfTPNh, to better showcase all the ways they can support subgraph developers and The Graph ecosystem.
The Graph's Q2 2024 Participant Update shows that with the conclusion of the Sunrise, web3 clearly values a decentralized data layer. Core devs continue to ship meaningful upgrades designed to improve the developer experience and lay a strong foundation for an action packed second half of 2024.
Donโt miss any of the details from The Graphโs Q2, 2024. Watch the full update featuring @evabeylin, @0xMaxTang, , Etienne Brunet, and @CelebritEth here:
#GRT ๐ $GRT ๐ #Web3
โ +2.9 billion queries in Q2โ24
โ demand-side revenue in USD grew 160% QoQ
โ 7,370 subgraphs were published to the decentralized network
In Q2'24, demand for data on @graphprotocol grew 84% QoQ. This surge drove demand revenue to $113,000, up 160% QoQ.
@semioticlabs introduced AI-based services utilizing The Graph's data & infra.
Read the full analysis by @tech_metrics:
https://t.co/YqCb9VTfv1
#GRT ๐ $GRT ๐ #Web3
"The creation of new data services by core developers and third parties could lead to The Graph serving more developer use cases for accessing blockchain data"
@graphprotocol
โ decentralized network
The Graph has crossed 1.4B+ in monthly query fees & 7k+ subgraphs on its decentralized network ๐๐
Since transitioning from the hosted service, query volume surged by 85.9% in June, with a notable increase in users performing 1M+ queries weekly.
Active subgraphs doubled in June, showcasing a strong migration pattern to the @graphprotocol network ๐งฑ
Welcome to the future of web3 ๐ฎ
Build with us:
https://t.co/ckAkDseWzf
#Web3 #Blockchain #DeFi #TheGraph #Decentralization $GRT
#GRT ๐ #INJ ๐ #Web3
"As one of the first ever non-EVM chains to integrate with The Graph, Injective underscores its commitment to leading Web3 innovation."
"Substreams allows developers to tailor data feeds and process both historical and real-time data"
#Data#Blockchain
The Graph now supports Injective data indexing, enabling robust access to on-chain Injective data.
Injective builders can scale innovative dApps while harnessing a powerful indexing solutions from @graphprotocol such as substreams and subgraphs.
https://t.co/gGFVh0KGJn
#GRT ๐ $GRT ๐ #WEB3
โThe Graphโs Network of data Indexers is now fully decentralized and token-incentivized. There is no longer any reliance on interim crutches or centralized hosting providers.โ
https://t.co/tJpzyiAeal
The Graphโs Sunrise of Decentralized Data is here ๐
The hosted service has officially upgraded to The Graph Network, now the exclusive home of The Graphโs data services. Experience web3 data with ultra-fast syncing, reliable uptime, global redundancy and much more โ all secured by decentralization.
With support for over 50 chains, 6,000+ subgraphs on the network and available to query, and many new developer experience-enhancing features, anyone can easily tap into the networkโs best-in-class performance.
Thousands of dapps and teams like @aave, @artblocks_io, @Balancer, @SnapshotLabs, @decentraland, @ensdomains, @LidoFinance, @MessariCrypto, @PancakeSwap, and @SushiSwap already rely on the network, which has successfully served billions of high-quality queries per quarter across thousands of subgraphs.
The Graphโs decentralized model allows web3 developers to build confidently, knowing they are leveraging a scalable data layer to meet the industryโs growing activity.
The future of web3 is built on The Graph.