The Graph Network, a decentralized indexing layer for blockchain data, has recently announced the expansion of its data accessibility to encompass over 40 blockchains. Among these chains are notable platforms such as Arbitrum, Avalanche, Base, and Celo, demonstrating the network’s commitment to broadening its reach within the crypto space.
This expansion brings a host of benefits to developers working on these chains, as they can now tap into The Graph Network’s infrastructure for improved cost efficiency and competitive syncing times. This development marks a significant step forward in enhancing the efficiency and accessibility of blockchain data for developers across various ecosystems.
Tegan Kline, CEO of Edge & Node, a key project developer in the space, noted the importance of this multichain evolution for The Graph Network. With more chain ecosystems now able to access blockchain data through The Graph’s platform, users are empowered to take control over the data they require on their own terms, fueling innovation and collaboration within the industry.
As a decentralized platform, The Graph collects, processes, and stores data from diverse blockchains to provide users with a comprehensive view of the crypto landscape. Governed by core developer teams, with Edge & Node at the forefront, The Graph Network continues to drive advancements in blockchain data accessibility and usability.
The Graph’s native token, GRT, has experienced remarkable growth in recent months, surging by almost 150% since the beginning of the year. Starting at $0.15 in January, the token now trades at around $0.45, reflecting the growing recognition and adoption of The Graph Network within the crypto community.
