🔎Latest updates on $GRT

💹 A look at the 24-hour chart shows $GRT is up by 1%, trading at $0.06293. According to CoinMarketCap, the decentralized indexing protocol maintains a market cap of $685 million, with daily trading volume around $28 million.

🛡️ According to The Graph Foundation, development continues on scaling the network's indexing capabilities and transitioning more subgraphs to the decentralized mainnet. Increased query fees generated by dApps using the protocol are a key fundamental driver for GRT's value.

📈 Technical analysis from CoinCodex shows GRT testing a significant support level after the recent market pullback. The price needs to hold this zone to prevent a breakdown. A recovery in the broader DeFi and Web3 space would likely benefit GRT demand.

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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
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