Artificial intelligence and data · My holdings

GRT — The Graph

A search service for blockchains: it sorts the data so that apps can find it quickly.

What it is for

Set out to: Indexing blockchain data through subgraphs with GraphQL queries.
Today in addition: Substreams, Token API, Tycho, Amp, JSON-RPC services.
Notable: A division of roles between indexers, curators and delegators.
Strength: Broad use as the data layer of many applications.
Weakness: Competition with free centralized data providers.

Contract address

Chain: Ethereum

0xc944E90C64B2c07662A292be6244BDf05Cda44a7

Unabridged and deliberately not linked: a blockchain explorer that we have not checked would be a statement we cannot support.

Score 41of 93

Market capitalization $187Mas stored

against Bitcoin, 90 days -39.9%^‡not against the dollar

CoinMarketCap #6719numeric identifier

Where the price stands today between its two endpoints — logarithmic, because orders of magnitude lie in between.

The four cycles

Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.

Cycle	Lowest daily close	Highest daily close	Rise low → high	Fall high → low
2015 to 2017January 14, 2015 to December 16, 2017	did not yet exist
2018 to 2021December 15, 2018 to November 8, 2021	$0.1227537.53 satDecember 17, 2020	$2.344,952 satFebruary 13, 2021	in dollars +$2.22 (+1,806%)against Bitcoin +821.3%from $0.1227 on December 17, 2020 to $2.34 on February 13, 2021	in dollars -$1.85 (-79.0%)against Bitcoin -66.7%from $2.34 on February 13, 2021 to $0.4920 on July 20, 2021
Only partly measured: reliable trading only from December 17, 2020. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle.
Year by year
2020: in dollars +186.3% (from $0.1227 to $0.3513) · against Bitcoin +125.4%
2021: in dollars +213.5% (from $0.3622 to $1.14) · against Bitcoin +36.5%
2022 to 2025November 21, 2022 to October 6, 2025	$0.0537340.73 satNovember 21, 2022	$0.4540662.97 satMarch 9, 2024	in dollars +$0.4003 (+745.4%)against Bitcoin +94.6%from $0.0537 on November 21, 2022 to $0.4540 on March 9, 2024	in dollars -$0.3822 (-84.2%)against Bitcoin -85.8%from $0.4540 on March 9, 2024 to $0.0718 on April 8, 2025
Year by year
2022: in dollars +3.2% (from $0.0537 to $0.0554) · against Bitcoin -1.6%
2023: in dollars +225.9% (from $0.0564 to $0.1838) · against Bitcoin +28.0%
2024: in dollars -8.5% (from $0.2175 to $0.1990) · against Bitcoin -56.7%
2025: in dollars -58.7% (from $0.2081 to $0.0859) · against Bitcoin -68.8%
since 2026, ongoingJune 30, 2026 to September 17, 2026	$0.013220.38 satAugust 18, 2026	$0.019624.45 satSeptember 6, 2026	in dollars +$0.00646 (+49.0%)against Bitcoin +20.0%from $0.0132 on August 18, 2026 to $0.0196 on September 6, 2026	in dollars -$0.00239 (-12.2%)against Bitcoin -6.6%from $0.0196 on September 6, 2026 to $0.0173 on September 15, 2026
Year by year
2026: in dollars +7.0% (from $0.0177 to $0.0189) · against Bitcoin -18.0%

If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.

The four questions that are always answered

Net supply and issuance pressure6 of 20 Starting valuation and size leverage10 of 14 Survivability8 of 12 Relative strength against Bitcoin4 of 6

the score is calculated from all twelve criteria. What the twelve questions measure and what has been corrected about the measurement is on the method page.

The remaining criteria are not recorded individually for this asset; the total comes from the assessment of August 28, 2026.

The figures in detail

Price, as stored$0.0171 against Bitcoin, 7 days+9.3%^‡ against Bitcoin, 30 days-9.7%^‡ listed on CoinMarketCap sinceDecember 2020 Age since listing5.7 years Fees relative to valuation0.270% Supply still locked5.8% hard supply capno Carried by Nexocarried Trading venues of 15 checkednot collected

‡ The percentages come from a snapshot of August 28, 2026 and are not calculated from daily closing prices. Whether and when they will be recalculated together is decided by the model revision on December 8, 2026.

Finding

Query fees $0.5 million over the year, trend minus 60%

Investors and partners: $279.7 million. Multicoin, Framework Ventures, ParaFi, Coinbase Ventures, Digital Currency Group, Tiger Global — awards no points, because projects with large backers did not perform better.

Nexo: Carried by Nexo — purchase page documented on September 1, 2026.

No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.