The Graph (GRT) is a decentralized protocol that enables efficient querying of blockchain data through the use of subgraphs. As the adoption of decentralized applications (dApps), DeFi platforms, and NFT ecosystems continues to rise, the need for structured and easily accessible blockchain data becomes even more crucial. The Graph addresses this problem by indexing and organizing blockchain data in a user-friendly and decentralized manner. With a current market price hovering around $0.086, many investors and analysts are now speculating whether GRT can break out of its long consolidation range and surge toward $1 or beyond in the coming years.

Throughout 2025, GRT’s fundamentals are expected to continue strengthening. The network has seen tremendous growth in on-chain activity, primarily driven by the increasing volume of queries. In the first quarter of 2025 alone, query volume reached 6.1 billion, which further jumped to 11.5 billion by Q2. This growth in network usage is a direct reflection of rising developer interest and the increased integration of The Graph across multiple blockchains. Since migrating its indexing network to Arbitrum, performance has improved significantly, and query fees have reached a record high of $6.2 million on the Layer-2 chain. Additionally, the network now supports over 168,000 delegators and nearly 7,000 active curators, showcasing a vibrant and engaged community that continues to secure and curate the network’s data.

Despite its solid fundamentals, the price of GRT remains well below its all-time high of $2.88, recorded in February 2021. After peaking during the last major bull cycle, GRT has experienced a prolonged correction, with prices falling over 90% from the top. Since then, the token has moved within a broad consolidation range between $0.08 and $0.49. Interestingly, each time the price has approached the $0.08 support level, it has bounced back strongly. This repeated reaction to key levels signals potential accumulation and growing bullish divergence in technical indicators like RSI and MACD.

Looking into July 2025, if GRT manages to break above the $0.22 resistance, which aligns with a long-term descending trendline, it could trigger a rally toward the $0.33 supply zone. A breakout from this range would be significant, as it would confirm a reversal of the multi-month downtrend. However, failure to break this resistance could result in a retest of lower supports around $0.12 or even $0.08. Analysts remain cautiously optimistic, with 2025 price projections ranging from a low of $0.10 to a high of $1.00, depending on market sentiment and adoption pace.

Beyond 2025, the long-term outlook for The Graph remains promising. As blockchain adoption scales and more data-intensive applications emerge, demand for efficient data indexing solutions will naturally grow. From 2026 to 2030, The Graph is expected to benefit immensely from this trend. According to multiple forecasts, GRT could reach a low of $1.05 in 2026 and gradually climb toward $3.55 by 2030 in a favorable market environment. This growth would be fueled by continued expansion into new blockchains, further upgrades like substreams-powered subgraphs, and greater participation from developers and enterprises.

However, challenges still persist. One major concern is that while query volume has increased, the corresponding fee revenue remains relatively modest. For GRT’s price to see sustainable growth, the protocol must convert usage into tangible economic value that rewards token holders and curators. Additionally, inflationary pressure from token emissions may weigh on price action unless counterbalanced by rising demand.

In conclusion, The Graph stands at a critical junction. Its growing role in the decentralized web and increasing developer activity suggest a strong foundation for future price appreciation. If the protocol continues to deliver on its roadmap and the broader crypto market supports another bullish phase, GRT has the potential to climb toward $1 in 2025 and possibly exceed $3 by 2030. Still, investors should be aware of market volatility and macroeconomic factors that may influence short-term trends. For those with a long-term perspective, GRT remains a token worth watching as blockchain data becomes increasingly vital in the digital economy.