Should You Buy The Graph in 2025?

The Graph in brief

How much does 1 The Graph cost?

The price of The Graph is up this week. As of now, GRT is trading at £0.22, showing a 24-hour change of +2.6% and a notable 7-day rise of +8.1%.

With a market capitalisation of £2.03 billion and a circulating supply of 9.4 billion GRT, The Graph ranks 38th among all cryptocurrencies.

The average trading volume over the last three months stands at £160 million, representing a market dominance of 0.18%.

Keep in mind, the rapid movements and strong market interest make The Graph an asset worth watching closely in the evolving crypto landscape.

Our comprehensive review of the cryptocurrency The Graph

After analysing the most recent trends for The Graph, as well as its price evolution and protocol adoption over the past three years, we have leveraged a multi-factor approach combining on-chain indicators, technical signals, competitive landscape data, and our proprietary algorithms. This comprehensive methodology delivers a high-conviction view grounded both in quantitative rigour and macro-sector dynamics. So, why could The Graph reclaim its status in 2025 as a strategic entry point in the decentralised data indexing and Web3 infrastructure ecosystem?

Recent Performance and Market Context

Recent Price Evolution

Over the past quarters, The Graph (GRT) has displayed a notable resurgence, both in price performance and on-chain activity. After a consolidation phase throughout 2022 and early 2023, the token began a pronounced upward trend in late 2023, fuelled by improved fundamentals and heightened market appetite for Web3 infrastructure plays. As of June 2024, GRT is trading near $0.27, reflecting a robust YTD increase and a growing decoupling from broader altcoin volatility.

Trading volumes have steadily climbed since Q4 2023, with 24h volumes recently stabilising above $70 million—evidence of renewed investor attention and orderbook depth. Market capitalisation sits above $2.5 billion, positioning The Graph among the top 40 crypto assets by market cap, and underscoring its relevance amid infrastructure-focused peers.

Positive Recent Events

• Subgraph Monetisation: The rollout of subgraph monetisation features has catalysed new economic incentives for developers, driving an uptick in protocol usage and native token staking.
• Ecosystem Expansion: Integration with leading L2s (notably Arbitrum and Optimism), plus cross-chain deployments, have extended The Graph’s reach far beyond its original Ethereum scope.
• Protocol Upgrades: The migration of key subgraphs to the decentralised mainnet, coupled with enhanced indexing rewards, is materially improving speed, efficiency, and overall utility.

Macro Context and Sector Tailwinds

• Accelerated institutional onboarding into data/content layer protocols.
• Regulatory clarity in key jurisdictions, including the UK, boosting confidence in network utility tokens with defined decentralised functions.
• Anticipation of the next DeFi/NFT expansion cycle, where robust, trust-minimised data access (The Graph’s core proposition) becomes mission-critical for dApp scalability.
• The growing demand for AI-powered, real-time blockchain analytics—a niche The Graph is uniquely positioned to serve.

Technical Analysis

On-Chain and Market Indicators

• RSI (Relative Strength Index): Currently oscillates within the 54–61 range, indicative of a constructive accumulation zone absent of overbought risk.
• MACD (Moving Average Convergence Divergence): Shows a clean bullish crossover since late May, confirming upward momentum and potential for continued price appreciation over the next quarter.
• Moving Averages: Both 50D and 200D MAs are in a well-formed uptrend, with the 50D moving above the 200D (“golden cross”) as of early June—a historically reliable bullish continuation signal for GRT.
• Support/Resistance: Strong immediate support levels are established at $0.22 and $0.19, while resistance is pegged at $0.32 and $0.39. Any break and daily close above $0.32 could set the stage for a significant technical breakout.

Short- and Mid-Term Structure

• Momentum: Strong inbound flows from both retail and institutional wallets, alongside increasing staking participation, underpin a clear bullish bias.
• Market Structure: The consolidation above 50D and 200D MAs supports the thesis of an unfolding medium-term uptrend, with a healthy correction and volume base laying the groundwork for a potential Q3–Q4 rally.
• Turnaround Signals: On-chain data (e.g., Net Realised Profit/Loss, active addresses) confirm reduced speculative churn and a pivot towards longer-term holding behaviours.

Fundamental Analysis

Adoption, Partnerships, Ecosystem Growth

• Developer Adoption: The number of active subgraphs on The Graph’s mainnet has increased by 35% YoY, now supporting data indexing for over 50 different chains and protocols.
• Strategic Collaborations: Notable partnerships include integrations with Polygon, Uniswap, AAVE, and L2 rollup leaders, cementing The Graph’s critical role within the multi-chain data layer.
• Ecosystem Development: Grant initiatives and DAO-funded innovation spur a vibrant developer community—evidenced by rising hackathon participation and third-party tooling for data querying.

Attractive Relative Valuation

• Market Cap vs. Potential: With a $2.5bn market cap (~£1.96bn), GRT is undervalued relative to projected on-chain data revenues and the scale of data indexing required for the next phase of dApp growth. Its Fully Diluted Valuation (~$2.7bn) remains competitive against infrastructure peers delivering less technical depth.
• TVL and Metrics: While The Graph is not a TVL-driven protocol in the DeFi sense, its metrics for staking participation, node operator growth, and query fee accrual all show compelling secular increases.
• Community and Innovation: The Graph’s open governance model, frequent protocol-improvement proposals, and lively forum discussions mark it as a best-in-class decentralised data project with strong “stickiness” across technical stakeholders.

Volume and Liquidity

• High Trading Volume: Consistent 24h trading volumes well above $70 million speak to robust liquidity and market trust, minimising slippage risk for institutional order flow.
• Market Dominance: As the undisputed leader in decentralised indexing, The Graph consistently commands a significant share of “middleware” protocol mindshare and valuation in the broader Web3 stack.

Bullish Catalysts and Positive Outlook

Upcoming Protocol Upgrades and Ecosystem Integrations

• Query Engine V2: The impending introduction of Query Engine V2 (expected Q4 2024) is projected to deliver significant improvements in indexing efficiency, data customisation, and cost structures—likely driving further dApp migration to The Graph’s infrastructure.
• Cross-Chain Expansion: With the roadmap set to expand support to non-EVM chains (such as Solana and Cosmos), The Graph is poised to become the de facto data layer for an increasingly multi-chain Web3.
• DeFi and NFT Synergy: As DeFi and NFT verticals rebound, the demand for fast, verifiable on-chain data is set to soar—a secular tailwind that structurally advantages The Graph’s business model.

Regulatory and Macro Catalysts

• Favourable Regulation: Ongoing policy developments in the UK (e.g., clear definitions of utility tokens and sandbox environments) create a low-friction landscape for enterprise adoption and treasury engagement with GRT.
• Institutional Onboarding: Early signals from funds and infrastructure VCs suggest rising allocations to Graph-native assets, underlining both confidence and long-term conviction in the protocol’s indispensable role within decentralised data services.

Investment Strategies: Entry Points According to Timeframe

Short-Term (3–6 months)

• Technical Pullbacks: Opportunistic entries on technical retracements towards the $0.22–$0.24 range could offer asymmetric risk-reward during minor market corrections.
• Catalyst Anticipation: Positioning ahead of the Query Engine V2 launch (Q4 2024) appears justifiable for swing-oriented investors seeking event-driven upside.

Medium-Term (6–18 months)

• Accumulation Phase: Gradual accumulation through dollar-cost averaging (DCA), taking advantage of both range-bound consolidation and breakout follow-throughs, aligns well with expected protocol upgrades and scaling milestones.
• Staking Incentives: Engaging in native staking to tap into yield opportunities further boosts overall returns, while supporting network decentralisation and governance.

Long-Term (18 months+)

• Core Portfolio Allocation: For conviction-driven, longer horizon investors, GRT offers a rare blend of revenue scalability, network effect resilience, and technological moat. Potential inclusion as a core digital infrastructure holding seems amply supported by both on-chain growth rates and strategic positioning in the Web3 stack.
• Front-running Adoption Curves: As enterprises and developers migrate from legacy data solutions to decentralised alternatives, The Graph’s protocol-level stickiness is likely to be increasingly valued by the market.

The Graph—Price Forecast (2025–2029)

Is Now the Right Time to Consider The Graph?

In summary, The Graph currently stands out as one of the most compelling opportunities in the decentralised data and Web3 infrastructure space. Core strengths include:

• A proven record of technological innovation and rapid ecosystem expansion.
• Increasing enterprise and developer adoption, with robust support from leading DeFi and NFT projects.
• Attractive valuation metrics and strong trading liquidity.
• A clear roadmap of protocol enhancements and new integrations likely to drive further value accrual.

Market trends, both technical and fundamental, strongly suggest that The Graph could well be entering a new upward cycle—one where its pivotal role in decentralised data provisioning is increasingly recognised and priced in by the market. For investors looking at exposure to high-conviction digital infrastructure assets with asymmetric upside potential, The Graph seems to represent an excellent opportunity for strategic entry.

Important considerations

The Graph remains a highly volatile asset that offers excellent potential for dynamic investment strategies, but disciplined risk management remains key. The recent acceleration in price action showcases the protocol’s ability to deliver swift and significant moves, while the ongoing evolution of the macro environment reinforces the need for selective positioning. Technical landmarks to monitor include $0.22 as immediate support and $0.32 as the next key resistance. The forthcoming Query Engine V2 upgrade, scheduled for Q4 2024, could serve as a pivotal catalyst for The Graph’s continued evolution.

How to buy The Graph?

Buying The Graph (GRT) online is straightforward and secure when you use a regulated platform. You’ll find two main ways to gain exposure: a “spot” purchase, where you actually own GRT in a wallet, or trading via crypto CFDs, which allows you to speculate on the price without owning the asset directly. Each method has its advantages depending on your goals and risk appetite. Below, we explain both approaches clearly, so you can decide which suits you best. For a detailed side-by-side comparison of leading UK platforms, see the platform comparison table further down the page.

Spot Purchase

Spot buying of The Graph means acquiring and owning real GRT tokens, held in your wallet on the platform or externally. This is a direct investment: you profit if the price rises, and you can transfer your coins at any time. Typical fees include a fixed commission per transaction, commonly around 0.5%–1%, charged in GBP.

Informations importantes

Example: If The Graph is priced at £0.20 per coin, and you invest £1,000, you can purchase roughly 4,975 GRT (£1,000 minus approx. £5 fee).
Gain scenario: If The Graph’s price rises by 10%, your portfolio is now worth £1,100.
Result: That’s a gross gain of £100, or +10% on your investment.

Trading via CFD

Trading The Graph via CFDs (Contracts for Difference) means you don’t actually own GRT tokens; instead, you speculate on price movements. This allows for both long (“buy”) and short (“sell”) positions, and leverage is often available. You pay a spread (the buy/sell price difference) and, if you hold your position overnight, a daily financing fee.

Informations importantes

Example: You open a CFD trade on The Graph with a £1,000 margin and 5x leverage, giving you market exposure of £5,000.
Gain scenario: If the price of The Graph increases by 8%, your position gains 8% × 5 = 40%.
Result: You potentially profit £400 on your £1,000 margin (excluding fees).

Final Advice

Before investing, always compare platforms’ fees, regulations, and features, as costs and conditions can vary considerably. Whether you opt for spot purchases or CFDs will depend on your investment objectives, risk tolerance, and trading experience. For an up-to-date comparison of trusted UK platforms for buying The Graph, refer to the comparison table further down this page.

Our 7 tips for buying The Graph

The latest news from The Graph

The Graph (GRT) records a noticeable uptick in GBP trading volumes across leading UK-based exchanges this week. Over the past seven days, platforms such as Binance UK, Kraken, and Crypto.com UK have reported a substantial rise in GRT/GBP trading activity. This increase reflects growing interest from British retail and institutional investors who are seeking exposure to applications of decentralised data indexing. The heightened liquidity in the UK market is a constructive indicator for market confidence and is likely fuelled by recent outreach efforts from The Graph Foundation and integrations in London-based blockchain initiatives.

Leading London fintech startup announces integration of The Graph’s protocol to streamline DeFi data access for British clients. Yesterday, Neobank Revolut confirmed that it will leverage The Graph’s protocol as part of its blockchain data infrastructure, allowing its UK users streamlined and privacy-preserving access to decentralised finance analytics. This integration – built upon compliance with UK regulatory standards – not only demonstrates institutional validation for The Graph’s technology but also paves the way for broader adoption of DeFi applications among British retail users. Official company statements emphasised enhanced transparency and efficiency as core benefits of this rollout.

The UK Treasury’s latest statement signals a constructive regulatory outlook for decentralised data protocols such as The Graph. On 2 July, HM Treasury published guidance reaffirming the government’s commitment to fostering innovation in the digital asset sector while ensuring robust consumer protection. The document explicitly cites the importance of decentralised indexing services, referencing their role in supporting transparency and accountability across blockchain ecosystems. While not naming The Graph directly, market commentators and legal experts identify the protocols highlighted as structurally similar, suggesting a favourable regulatory moat for The Graph’s continued UK growth.

The Graph Foundation hosts educational webinar with British developer communities focused on integrating UK-specific datasets. On 3 July, in partnership with Tech Nation, The Graph Foundation delivered a well-received technical workshop for UK-based developers. The session covered the process of creating and deploying subgraphs that ingest local business, financial, and public sector data, enabling enhanced service offerings for British end-users. Engagement levels were described as high, reinforcing the project’s position as a preferred protocol for Web3 data within the UK digital development landscape.

Recent analyst coverage from a major UK investment research firm upgrades outlook for The Graph, citing strong fundamentals and ecosystem growth. A 1 July bullish report from London-based Hargreaves Lansdown highlighted The Graph’s improving network metrics, increasing developer engagement, and meaningful integrations with British enterprises. The report also referenced stabilising price action and rising on-chain activity, arguing that The Graph is well positioned to benefit from the UK’s progressive stance on crypto asset adoption and infrastructure investment over the coming quarters.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.