​​The Graph (GRT) The Graph is an open-sourced software used | Crypto Great | Bitcoin | DeFi

​​The Graph (GRT)

The Graph is an open-sourced software used to collect, process, and store data from various blockchain applications for indexing and querying data.

The Graph Foundation is the overseer of the indexing protocol and was created by the community to provide grants and bounties that aim to grow and secure the network.

Late last month, The Graph Foundation announced that The Graph now supports indexing from the layer 1 blockchain NEAR. NEAR Protocol is a decentralized application (dApp) platform that focuses on optimizing usage for developers and users.

This integration is the first non-EVM (Ethereum Virtual Machine) compatible blockchain supported by The Graph. A layer-1 blockchain improves The Graph’s base protocol to make the system more scalable and adaptable to layer 2 solutions such as Polygon. In addition to Ethereum, Celo, and the InterPlanetary File System (IPFS), The Graph Foundation has added support for Polkadot, Solana, and NEAR layer 1 blockchains just since our last update.

The integration of NEAR enables developers to build subgraphs that define what data is indexed and how it is stored on the NEAR network using The Graph.

Expanding The Graph protocol across multiple chains opens up the world of Web3 indexing features to a wider ecosystem and allows the infrastructure to support even more decentralized applications.

Graph’s utility token, GRT, is currently under our buy-up-to price. Now is a good time to accumulate more, as it is the top protocol for data querying in the blockchain space.