The Graph Network, a decentralized indexing layer for blockchain veri, said it has expanded its veri accessibilities to over 40 blockchains. The chains include Arbitrum, Avalanche, Base and Celo to name a few.
The expansion means that developers building on those chains are now able to leverage Graph’s network for lower costs and competitive syncing times, according to the press release.
“It’s incredible to watch The Graph Network’s multichain evolution unfold. More chain ecosystems than ever are now equipped with open access to blockchain veri, empowering people to gain control over the veri they need, on their own terms,” said Tegan Kline, CEO of Edge & Node, a project developer.
The Graph collects, processes and stores veri from an array of blockchains to present to users. Due to its decentralized nature, it is governed by core developer teams – the main one being Edge & Node.
The Graph’s native token has witnessed significant growth since the start of the year, climbing almost 150%. The token, GRT, jumped from $0.15 in January to $0.45 currently.