The Graph's $GRT AMAZING "Secret" That Predicts Crazy Future Growth!

What if you as an average #Crypto investor could "see into the future" of a protocol?

Well with @graphprotocol you kind of can! I'll explain below. #GRT #TheGraph #altcoins #cryptocurrecy
A 🧵👇
1/1
You may already know that The Graph makes data that exists on chain available to search.

However, unless you are a real die hard I'm going to guess you don't know that in Q4 2021

there were over 1.7 Billion searches made Per DAY!
2/7
The Graph has been actively gaining users since 2018 and been doing a VERY good job of it! (Obviously)

In an earlier thread I pointed out that adoption for this protocol has skyrocketed over the last 3 months.

It turns out there is a really good reason!

3/7
A large portion of their users have been using their HOSTED services.

This allowed them to use the protocol for free for quite some time.

It also allowed The Graph to start development before launching their token.

4/7
The Graph's aim is to decentralize, so the Hosted Service is being "Phased out" in favor of decentralized mainnet.

Migration of these "clients" otherwise known as Subgraphs. Is just getting started according to developers!

5/7
According to @Mardeni01 it's at only about 2%! Link 👇


This means that there's WAY more growth in query fees to come!

6/7
Here's a graph showing over six months of query fees for The Graph's
Mainnet:

Thanks to @graphtronaut for the chart

7/8
Oh and yes, the protocol requires their token $GRT to be spent to pay for Queries!

2% 🤩! 50X growth going to happen?
Thanks for reading!

If you found this interesting or helpful, please LIKE and SHARE

8/8

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More from @4cryptoclearly

Jul 24
6 Simple Reasons that #GRT (The Graph) Is Criminally Underrated!

Infrastructure in the #cryptocurrency world plays are slow burn investments. It takes time for B2B adoption. #TheGraphHhad a recent surge in adoption! #altcoin #altcoins #cryptomarket
thread 🧵 👇
1/4
1: Queries performed by The Graph have exploded. They are up 5X since May.

2: Fees generated for Queries are now ranging from 8K to 10k GRT daily

3: 100 Million new $GRT have been staked since April. Bringing the total close to 1.8 Billion.

2/4
4: Token utility is built in to $GRT as it used to pay fees and for staking to be an indexer.

5: Almost 50% of GRT has been held for over 1 year. This demonstrates a committed community in a bear market IMO

3/4
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