Story Highlights
- The Graph price is expected to go as high as $0.58 by the end of 2024.
- GRT price with a potential surge could reach a maximum of $1.286 by the end of 2030.
- The current price of The Graph is $ 0.19380060.
Ending 2023 on a bullish note of 233% return in a year, GRT price continues the stride and teases a long-term uptrend in the early days of 2024. Further, the bullish pattern in the daily chart with the rising volumes supports the entry of new investors.
With the bullish trend gaining momentum at the start of 2024, the GRT price may soon reach the $0.20 mark in the first month.
As a state-of-the-art indexing protocol, the Graph helps in the accessibility of blockchain data more easily. Moreover, with the power to allow anyone to create and publish open APIs, known as “Subgraphs,” it provides a futuristic use case.
With growth potential and scalable use case, long-term investors are wondering, “Will the GRT Prices reach $10?”
To answer such kinds of questions, we offer our The Graph Price Prediction 2023-2030 analysis.
We’re analyzing the crazy rise to its all-time high to see if we can predict if another one is coming.
So, let’s dive into our GRT price predictions for 2023-2030 without further ado.
The Graph Live Price Chart
Notably, over the past 24 hours, GRT witnessed a 5.49% change, hitting a peak of $ 0.1976 and a low of $ 0.1788.
If the Coinpedia price prediction is correct, the GRT coin price will surpass the $1 barrier by the end of 2030. Further, the remarkable growth of the Graph network and the limitless potential of the Graph use case.
What’s New With The Graph?
- The Graph migrated its GRT token contract to Arbitrum.
- Graph databases are well-suited for fraud detection because they can handle complex data and relationships.
- Key advantages of graph databases in fraud detection include relationship analysis, real-time analysis, pattern recognition, scalability, and flexibility.
- Graph databases are applied to various aspects of fraud detection, including transaction monitoring, identity verification, customer behavior analysis, network analysis, and regulatory compliance.
- They expanded their services to offer data from other blockchains.
GRT Price Prediction January 2024
As New Year’s Eve nears, the GRT price has surged 3.20% overnight, suggesting a bullish revival. Strongly backed by a critical Fibonacci level, the Graph token will likely continue its upward trend. Despite Bitcoin’s slow pace, GRT’s recent rebound significantly raises the prospects of a sustained uptrend.
Sustaining the last quarter of 2023 rally gains of 140%, the GRT price picks up a lightning-fast pace to prolong the bull run with improving market sentiments. With a rising channel in the 4H chart, the trend continues to grow strong.
The GRT price sustains above the $0.1753 mark with a successful retest and teases a bull run continuation to reach the overhead resistance trendline. With the rising momentum, the GRT price may soon challenge the $0.20 mark.
Currently, the trend is sustaining above the 78.60% Fibonacci level and the early gains of 5.44% on the first day of 2024 marks a bullish beginning.
If GRT bulls sustain the uptrend above the $0.1753 mark, then we might witness an upward to the $0.20 mark. On the flip side, a downfall can result in a retest of $0.15.
The Graph Price Prediction | Potential Low ($) | Potential Average ($) | Potential High ($) |
---|---|---|---|
December 2023 | 0.15 | 0.175 | 0.20 |
The Graph (GRT) Price Prediction 2024
In 2024, The Graph network will continue to focus on four areas of development to make the network even more secure: Firehouse, the sunset of the hosted service, sub-streams, and moving the protocol to L2 with Arbitrum One.
Firehouse is a new indexing service that will be more scalable and performant than the current service. The sunset of the hosted service will allow The Graph to focus on developing the core protocol to reduce costs.
Sub-streams allow users to partition their data into smaller chunks, improving performance and scalability. Further, moving the protocol to L2 with Arbitrum One will reduce gas costs and improve scalability.
As of now, the GRT price has soared by 233% last year. Moreover, the weekly price chart displays a consolidation range in motion and teases a bullish breakout.
The GRT coin price could reach $0.58 in H1 2024, which would set a bullish tone for the rest of 2024. However, some potential bearish weeks are coming up, so the price might struggle to stay above $0.19.
The Graph Price Prediction | Potential Low ($) | Potential Average ($) | Potential High ($) |
---|---|---|---|
2024 | 0.19 | 0.385 | 0.58 |
GRT Price Prediction 2025
The expected price increase in 2025 could be influenced by The Graph’s long-term plans for expansion and development. Therefore, by 2025, the GRT coin price can test the potentially high price of $1.17. However, the Graph price can be as low as $0.91, with an average of $1.04.
The Graph Price Prediction | Potential Low ($) | Potential Average ($) | Potential High ($) |
---|---|---|---|
2025 | 0.91 | 1.04 | 1.17 |
GRT Coin Price Prediction 2026-2030
The Graph Price Prediction | Potential Low ($) | Potential Average ($) | Potential High ($) |
2026 | 1.4409 | 1.6278 | 1.8147 |
2027 | 2.3913 | 2.6489 | 2.9065 |
2028 | 2.5247 | 3.10325 | 3.6818 |
2029 | 4.3578 | 4.91165 | 5.4655 |
2030 | 5.1475 | 5.9631 | 6.7787 |
GRT Price Prediction 2026
The price of GRT for 2026 is projected to range between $1.4409 to $1.8147, with an average price of approximately $1.6278.
GRT Price Prediction 2027
The price of GRT for 2027 is projected to range between $2.3913 to $2.9065, with an average price of approximately $2.6489.
GRT Price Prediction 2028
The price of GRT for 2028 is projected to range between $2.5247 to $3.6818, with an average price of approximately $3.10325.
GRT Price Prediction 2029
The price of GRT for 2029 is projected to range between $4.3578 to $5.4655, with an average price of approximately $4.91165.
GRT Price Prediction 2030
The price of GRT for 2030 is projected to range between $5.1475 to $6.7787, with an average price of approximately $5.9631.
The Graph (GRT) Price Prediction 2023-2030
What Does The Market Say?
The Graph Price Prediction | 2023 | 2024 | 2025 |
CoinCodex | $ 0.276403 | $ 0.946285 | $ 0.432119 |
Digital Coin Price | 0.26 | 0.30 | 0.40 |
CoinPedia’s GRT Price Prediction
The Graph price could increase as the network addresses and promises to solve a large real-time problem. According to Coinpedia’s GRT price prediction, if the community explores new blockchain integrations, it could reach a new high of $0.58 this year.
However, if the coin remains volatile due to its newness in the crypto space, the Graph’s price could drop to $0.19.
We expect the Graph price to reach the heights of $0.58 by the end of 2024.
The Graph Price Prediction | Potential Low ($) | Potential Average ($) | Potential High ($) |
---|---|---|---|
2023 | 0.19 | 0.385 | 0.58 |
Historical Price Sentiments
FAQs
Yes, GRT is an ERC-20 token working on the Ethereum blockchain.
According to our GRT price prediction, the altcoin’s price could surge to a maximum of $0.2989 by the end of 2023.
No, GRT cannot be mined as it is a non-mineable token.
The price of GRT is expected to hit a maximum of $1.17, by the end of 2025.
GRT can be traded on popular exchanges like Binance, Coinbase Pro, Kraken, KuCoin, and Huobi Global, amongst others.
At the time of publishing, price of 1 The Graph Token was $0.1318.
GRT
BINANCE
Source: https://coinpedia.org/price-prediction/the-graph-grt-price-prediction/