The Graph says its Q3 strategy puts the decentralized network itself at the center of the product, moving developer traffic and activity away from centralized staging infrastructure. Subgraph Studio traffic is shifting to network Indexers, while the Rewards Eligibility Oracle ties indexing rewards to service delivery rather than stake and curation signal.
Spot volume reached $117.1 million while derivatives volume climbed to $150.25 million as query traffic migration plans gained attention.
GRT surged 25% as query migration and rising market activity strengthened The Graph's recovery narrative.
The Graph token looked likely to initiate a long-term uptrend after pushing its way to the $0.300 supply zone in a matter of weeks.
GRT continues to soar, but there is still a hurdle ahead.
The Graph has activated x402 payments inside its Graph Gateway, allowing developers and AI agents to purchase on-chain data queries on a pay-per-request basis using USDC, according to an announcement from the project's official X account.