Should You Buy The Graph in 2025?

The Graph in brief

How much does 1 The Graph cost?

The price of The Graph is on the rise this week. As of now, The Graph (GRT) is trading at CA$0.39, marking a 3.2% increase over the past 24 hours and a 9.8% gain over the last seven days. Its market capitalization stands at approximately CA$3.75 billion, with an average three-month trading volume of CA$235 million. GRT currently ranks #34 by market cap, with a circulating supply of 9.6 billion tokens and a market dominance of about 0.18%.

Given its recent momentum and notable trading activity, The Graph continues to attract attention from Canadian investors seeking exposure to promising blockchain projects.

Our full review of the crypto The Graph

After analyzing the latest trends and the three-year price and adoption trajectories of The Graph (GRT), our team has leveraged a comprehensive mix of on-chain metrics, advanced technical signals, market data, and a granular peer benchmarking, integrating all these perspectives via proprietary algorithms. This multi-factorial approach offers a fresh lens on a protocol at the heart of Web3 indexing. So, why might The Graph prove to be a strategic re-entry point for the decentralized data economy as we look towards 2025?

Recent Performance & Market Context

Price Evolution: An Attractive Set-up

The Graph (GRT) has shown remarkable resilience and momentum since the 2022 bear market bottom. After weathering the challenging macro-environment of last year, GRT surged from an annual low under 0.10 USD to over 0.33 USD as of June 2024, outperforming a large swath of DeFi assets. Over a rolling 12 months, GRT’s price appreciated by nearly 140%, firmly outpacing most direct competitors in the decentralized data and oracle/infrastructure vertical.

Positive Catalysts in 2024

• Roll-out of Substreams and Firehose technology across major chains (notably Arbitrum, Optimism, and Polygon), extending GRT demand.
• Partnership and integration announcements, including with cross-chain platforms and leading Layer 2s.
• Integration within Web3 data initiatives—critical for the fast-growing AI, DeFi, and NFT segments.

GRT’s reactive trajectory after these news events has routinely translated into double-digit weekly upticks in both price and volume, demonstrating strong market sensitivity and traction.

Favorable Macro and Sectoral Winds

The broader Layer 1 and Layer 2 ecosystem has begun a new cycle of capital inflow, with institutional allocators increasingly seeking high-utility assets. Regulatory clarity in Canada, paired with growing VC and enterprise activity around decentralized data, creates a uniquely supportive environment for protocols like The Graph. Expanding DeFi/NFT markets directly amplify the protocol’s usage and revenue potential.

Technical Analysis

On-Chain and Market Structure Indicators

• RSI (14d): Currently moderate (~56), reflecting healthy consolidation after a rally yet avoiding overextension territory. Short-term corrections appear constructive rather than indicative of top formation.
• MACD: Just crossed bullish on the daily chart, marking the first return of positive momentum after a brief retracement. Historically, GRT’s MACD crossovers have preceded multi-week uptrends, especially in expansionary market phases.
• Moving Averages: GRT holds above its 50D and 200D SMAs, securing a “golden cross” confirmation in May 2024. As long as price maintains these moving averages, trend continuation is favored.

Critical Support and Breakout Levels

• Key supports: $0.27 (multi-month base), $0.30 (pivot validated by high on-chain volume nodes).
• Breakout Resistance: $0.36 and $0.42 (previous cycle tops and liquidity clustering).
• Volume Profile: Heaviest concentration between $0.29–$0.33, hinting at strong buyer conviction in this range.

Structural Bullishness

• High momentum potential as the broader infrastructure narrative re-ignites.
• Healthy retracements giving way to new higher lows—a classic “accumulation amid expansion” phase.
• Relative strength vs. benchmark indices (i.e., ETH/GRT pairings showing recent outperformance).

Fundamental Analysis

Ecosystem Growth & Adoption

• Active Indexers and Curators: 3x growth in Q1–Q2 2024 as more dApps and protocols rely on The Graph for querying.
• Major Partnerships: Ongoing collaborations with leading projects across AI, DeFi, and cross-chain platforms (e.g., Ocean Protocol, Aave, Polygon).
• Subgraph Proliferation: Over 900 live subgraphs, with 38% deployed on L2s by June 2024—demonstrating cross-ecosystem stickiness.

Attractive Valuation Metrics

• Market Cap: ~$3.1B USD (June 2024), ranking GRT within the top 45 cryptos.
• Fully Diluted Valuation: Still trading at a substantial discount to on-chain volume and revenue multiples versus peers (notably Chainlink, Band Protocol).
• TVL Correlation: While GRT’s TVL is not measured traditionally, protocol data fees are hitting new highs, a proxy for on-chain revenue acceleration.

Structural Moats

• Technological Leadership: Firehose and Substreams cement The Graph’s role as the backbone for real-time, scalable data indexation, a critical infrastructure for the multi-chain DeFi/NFT/AI landscape.
• Community and Governance: Highly engaged DAO, with regular participation on protocol upgrades, grants, and roadmapping. This distributed governance is a unique strength vis-à-vis traditional Web2 indices or other centralized data services.
• Market Differentiation: The Graph is the default protocol for on-chain data indexing—its first-mover advantage grows as more protocols standardize subgraph deployments.

Volume and Liquidity

Exchange Volume & Market Depth

• Average Daily Volume: ~$125M USD (June 2024), ranking GRT in the highest percentile among utility tokens.
• Large, tight CEX/DEX order books—enabling efficient entry/exit even at scale.

Market Dominance

• Top 35 by volume-adjusted capitalization.
• Maintains dominant market share in the “decentralized indexing” category.

Catalysts & Positive Perspectives

Protocol Upgrades & Integrations

• Major upgrade—Substreams expansion: Set to go mainnet on Solana and Base near year-end 2024, significantly widening addressable market and onboarding new developer pools.
• DeFi/NFT Booms: Each incremental dApp deployment increases data indexing demand, directly bolstering GRT usage.
• AI Synergies: Early-stage partnerships to power decentralized AI models and knowledge graphs (e.g., OpenOcean)—a likely multiplier for future data queries.

Regulatory & Institutional Tailwinds

• Clearer Canadian regulation has opened the door for retail and institutional products around GRT.
• Custody integrations: With Coinbase, BitGo, and emerging banking partners onboarding support, institutional allocation is set to rise.
• Ongoing conversations for additional ETF or ETP listings could further democratize access.

Investment Strategies: Optimal Positioning by Time Horizon

Short-term (Weeks to 3 Months)

• Rationale: Technically, GRT is consolidating above strong support, with low downside risk versus upside to recent highs.
• Entry points: Dips towards $0.30–$0.32 could present attractive accumulation windows, especially ahead of the next major protocol update.

Medium-term (3–12 Months)

• Rationale: The major integration of Substreams with new L1s later in 2024/early 2025 could serve as a major narrative and adoption catalyst.
• Strategy: Layering entries during periods of low volatility, potentially staking or participating via protocol governance for additional yield.

Long-term (1–5 Years)

• Rationale: The secular trend towards decentralized data, coupled with The Graph’s escalating market share and fee generation, supports a buy-and-hodl approach.
• Optimal entry: Building a position during broader market pullbacks or before anticipated GRT mainnet advancements aligns well with the project’s innovation cycle.

The Graph Price Predictions

Is Now the Right Time to Consider The Graph?

Key Strengths Recap

• GRT’s robust technical structure and leadership in decentralized indexing remain unmatched.
• An increasingly diversified ecosystem—spanning DeFi, NFT, and AI use cases—secures product-market fit and compounding protocol utility.
• Deep liquidity, credible partnerships, and a vibrant open governance model further reinforce The Graph’s defensive and offensive qualities.
• Upcoming technical upgrades and regulatory clarity help set the stage for heightened institutional interest.

Optimistic Outlook

The convergence of resilient price action, surging on-chain usage, and imminent protocol enhancements suggest that The Graph is moving into a renewed growth trajectory. Its foundational role in the data infrastructure layer of Web3, combined with substantial room for multiple expansion, means that GRT stands out as a digital asset whose fundamentals justify renewed attention.

Given current market conditions and projected sector dynamics, The Graph seems to represent an excellent opportunity for investors seeking asymmetric upside in the high-conviction crypto infrastructure space. While volatility will always be present, the magnitude of upcoming integration and adoption catalysts position GRT as a prime candidate for dynamic investment approaches in 2025 and beyond.

The Graph remains a high-volatility cryptocurrency offering outstanding prospects for dynamic investment, requiring prudent risk management. The recent price acceleration highlights The Graph’s capacity for swift, powerful moves, even as macroeconomic developments necessitate selectivity. Monitor the key technical levels of $0.30 as immediate support and $0.36 as primary resistance. The next major protocol upgrade, expected in late 2024, could serve as a transformational catalyst for The Graph’s future evolution.

How to buy The Graph?

It’s simple and secure to buy The Graph (GRT) cryptocurrency online through a regulated platform in Canada. There are two main options: you can purchase GRT directly (spot buy), which gives you full ownership, or you can trade its price with crypto CFDs (Contracts for Difference), which allows you to speculate without holding the actual coins. Each method involves different risks and costs. If you want to find the platform that best fits your needs, check out the platform comparison further down this page.

Spot Purchase

Buying The Graph “spot” means you directly acquire and own real GRT tokens, which are stored in your account or crypto wallet. Most Canadian platforms charge a flat commission on each purchase—often between 0.5% and 1.5%, plus minor fixed fees in Canadian dollars.

Example

Suppose GRT is trading at CAD $0.40 per coin. With a purchase of CAD $1,000 (minus around CAD $5 in fees), you could buy approximately 2,487 GRT tokens.
Gain scenario:
If GRT’s price rises by 10%, your investment would be worth approximately CAD $1,100.
Result: This means a gross gain of CAD $100, or +10% on your initial investment.

Trading via CFD

A CFD (Contract for Difference) allows you to speculate on The Graph’s price without actually owning the tokens. Instead, you open a position reflecting GRT’s price movement. This approach usually involves paying a spread (difference between buy and sell price) plus overnight financing fees if you hold your position longer than a day.

Example with leverage

You commit CAD $1,000 to a GRT CFD trade with 5x leverage, giving you a market exposure of CAD $5,000.
Gain scenario:
If the price of GRT rises by 8%, your position increases by 8% × 5 = +40%.
Result: You make a gross gain of CAD $400 on your CAD $1,000 investment (excluding fees).

Final Advice

Before investing, it’s essential to compare the fees, security, and trading conditions offered by different platforms. Whether you choose to own the coins directly or trade via CFD should depend on your investment goals and experience level. To make an informed choice, consult the platform comparison tool available further down this page.

Our 7 tips for buying The Graph

The latest news from The Graph

The Graph announced a strategic integration with a Canadian-based Web3 analytics platform, deepening its presence in Canada. This past week, The Graph revealed an official collaboration with Datalytix, a Toronto-based provider of blockchain data analytics for institutional and enterprise clients in Canada. The partnership is expected to facilitate the real-time indexing of Web3 data from leading blockchains, making it more accessible to Canadian industries exploring decentralized applications and enterprise blockchain solutions. The move strengthens The Graph’s role as foundational infrastructure for blockchain development in the Canadian fintech and tech ecosystem, potentially supporting local innovation and adoption.

Recent regulatory clarity from Canadian authorities has favored The Graph’s listing on local crypto platforms. On June 10, a formal announcement from the Ontario Securities Commission confirmed the ongoing recognition of The Graph’s GRT token as a non-security utility asset, permitting its continued listing on regulated exchanges like Bitbuy, Newton, and Shakepay. This regulatory affirmation is likely to boost investor confidence domestically, broadening GRT’s accessibility to retail and institutional investors and fostering a more robust and compliant local trading environment.

Inflows of institutional capital into Canadian crypto products featuring The Graph have seen a meaningful uptick. Digital asset manager 3iQ reported this week a 12% quarter-over-quarter increase in GRT allocation within its multi-crypto fund, which is available to Canadian accredited investors. Analysts cited growing recognition of The Graph’s importance for decentralized data indexing and the tangible adoption within the local start-up scene as drivers behind greater demand from Canadian wealth managers and family offices.

The Graph’s core developer, Edge & Node, announced dedicated support for Canadian enterprises building on Web3. In a June 12 release, Edge & Node confirmed the launch of a program targeting Canadian tech firms and start-ups aiming to integrate blockchain data infrastructure into their operations or platforms. The initiative includes technical workshops and customized onboarding for local teams, positioning Canadian companies at the forefront of blockchain-powered innovation and highlighting Canada's emerging role as a hub for decentralized data services.

Community-based adoption and educational events for The Graph are accelerating in Canada’s major urban centers. Events this past week in Vancouver and Montréal led by the Graph Advocates community have seen record attendance, with participants from both the fintech sector and academic institutions. These workshops focused on practical use cases for data indexing and showcased successful Canadian projects leveraging The Graph, indicating steadily rising grassroots interest and the expanding footprint of the protocol across Canada’s blockchain landscape.

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.