{"id":416554,"date":"2022-03-15T22:15:00","date_gmt":"2022-03-15T19:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/"},"modified":"2022-03-15T22:15:00","modified_gmt":"2022-03-15T19:15:00","slug":"grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/","title":{"rendered":"# GRT rallies 39% as subgraphs migrate to The Graph\u2019s decentralized mainnet"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39826d6670c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39826d6670c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/#%E2%80%9D_GRT_rallies_39_as_subgraphs_migrate_to_The_Graphs_decentralized_mainnet_%E2%80%9C\" >&#8221; GRT rallies 39% as subgraphs migrate to The Graph\u2019s decentralized mainnet &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/#Migration_of_subgraphs\" >Migration of subgraphs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/#Migration_grants\" >Migration grants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/grt-rallies-39-as-subgraphs-migrate-to-the-graphs-decentralized-mainnet\/#Graph_Day_2022\" >Graph Day 2022<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_GRT_rallies_39_as_subgraphs_migrate_to_The_Graphs_decentralized_mainnet_%E2%80%9C\"><\/span>&#8221; GRT rallies 39% as subgraphs migrate to The Graph\u2019s decentralized mainnet &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector of development to ensure the reliable sharing and transfer of information.\u00a0<\/p>\n<p>The Graph (GRT) is one protocol that is spearheading the integration of blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> with data management and retrieval through the creation of open APIs known as subgraphs. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that since hitting a low of $0.3155 on March 13, GRT has climbed 38.6% to a daily high of $0.44 on March 15 where it is now attempting to flip this major resistance level into support. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/619e2e28-4e58-4f09-a928-14b804b3f451.png\"><figcaption style=\"text-align: center;\"><em>GRT\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>There are three underlying reasons behind GRT&#8217;s price rally: the ongoing migration of subgraphs to the Graph mainnet, the launch of grants to help projects build on or migrate to the decentralized network and the upcoming Graph Day 2022, which will take place on June 2.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Migration_of_subgraphs\"><\/span>Migration of subgraphs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The biggest development surrounding GRT is the ongoing migration of Ethereum\u00a0subgraphs to the decentralized mainnet of the Graph network. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Graph ecosystem is championing decentralization as Ethereum subgraphs continue to migrate to The Graph Network <\/p>\n<p>Here\u2019s an update shedding more context on the state of migration, query fees, &amp; resources to help you migrate your subgraph today! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Z26rrISXas\">https:\/\/t.co\/Z26rrISXas<\/a><\/p>\n<p>\u2014 The Graph (@graphprotocol) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/graphprotocol\/status\/1501967548929163268?ref_src=twsrc%5Etfw\">March 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Subgraphs are open <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication programming interfaces, also known as APIs, that are designed to make data more accessible and can be composed into a global graph of all the world\u2019s public information. <\/p>\n<p>According to The Graph, subgraph migrations are up 30% quarter-over-quarter. Currently, 282 subgraphs have completed the migration process, with more undergoing the process each week. <\/p>\n<p>Projects that have made the switch represent a variety of the top sectors in the crypto ecosystem, including decentralized finance applications, music, art, analytics, wallets, nonfungible tokens, video streaming service and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> platforms. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Migration_grants\"><\/span>Migration grants<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A second development that has helped provide a boost to GRT and mainnet migrations was the release of The Graph Grants by The Graph Foundation. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">For a limited time The Graph Foundation is awarding grants to help migrate Ethereum subgraphs to the decentralized network.<\/p>\n<p>Improve the reliability of your dapp with The Graph Network! Grants will be reduced by the end of March so apply now \u2b07\ufe0f <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/01xommj13D\">https:\/\/t.co\/01xommj13D<\/a><\/p>\n<p>\u2014 The Graph (@graphprotocol) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/graphprotocol\/status\/1502425227703336964?ref_src=twsrc%5Etfw\">March 11, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The grant process gives interested parties the ability to receive funding as they migrate to the decentralized mainnet. The grants cover costs related to gas fees, technical know-how, migrating expenses and marketing. Migrating protocols are also eligible to receive support from solutions engineers from within the community.\u00a0<\/p>\n<p>Protocols interested in migrating are encouraged to apply for a grant before the end of March as funding amounts will be gradually reduced and eventually phased out. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Graph_Day_2022\"><\/span>Graph Day 2022<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A third factor bringing extra attention to The Graph was the announcement that the project will be hosting this year&#8217;s \u201cGraph Day\u201d beginning June 2 in San Francisco. <\/p>\n<p>The event includes a day of presentations from leading protocol and dApp developers in the crypto industry who are focused on expanding the web3 community and will be followed by a three-day hackathon where hackers and developers will attempt to find vulnerabilities in the project.\u00a0This is the first official hackathon for The Graph and will take place between June 3-5.<\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for GRT on March 7, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/ee7742c2-dae8-434a-8507-f34b978d6046.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (grey) vs. GRT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for GRT hit a high of 73 on March 7, around five days before the price increased 38% over a three-day period.\u00a0<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/grt-rallies-39-as-subgraphs-migrate-to-the-graph-s-decentralized-mainnet\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; GRT rallies 39% as subgraphs migrate to The Graph\u2019s decentralized mainnet &#8220; As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector of development to ensure the reliable sharing and transfer of information.\u00a0 The Graph (GRT) is one protocol that is spearheading&#8230;<\/p>\n","protected":false},"author":1,"featured_media":416555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTMwMjg1NWUtMGJkZS00ODRiLThlODYtODg0NDg4YmZkOGE4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74863,74868,74891,105688,72366,73785],"class_list":["post-416554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-cryptocurrencies","tag-defi","tag-ethereum","tag-markets-pro","tag-data","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=416554"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/416555"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=416554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=416554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=416554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}