GRT rallies by 16% following The Graph’s launch on Arbitrum

  • GRT is one of the best performers amongst the top 100 cryptocurrencies by market cap today.

  • The coin rallied after The Graph Network launched on Arbitrum.

  • The broader crypto market has added $200 billion to its market cap in the last 24 hours.

GRT soars after The Graph’s launch on Arbitrum

GRT, the native token of The Graph Network, is one of the best performers amongst the top 100 cryptocurrencies by market cap today. 

The rally comes after The Graph team announced on Tuesday that The Graph Network can now be accessed via Arbitrum. 


According to the The Graph team, operating the protocol on Arbitrum One means lower gas fees, faster transactions and easier participation in The Graph Network.

This latest cryptocurrency news has led GRT, the native coin of The Graph network, to rally by 16% in the last 24 hours. At press time, the price of The Graph stands at $0.1701 and could rally higher over the next few hours.

The broader cryptocurrency market has also recovered from its earlier slump. The total cryptocurrency market cap now stands at $1.03 trillion, up by more than 2% in the last 24 hours.

Bitcoin and Ether are trading in the green zone once again after underperforming earlier this week.

Key levels to watch

The GRT/USD 4-hour chart has turned bullish as GRT has been performing well over the last 24 hours. The technical indicators show that GRT could rally even higher over the next few hours or days.

The MACD line crossed into the positive zone a few hours ago, indicating a strong bullish momentum for GRT. the 14-day relative strength index of 63.77 also shows that GRT could be heading into the overbought region in the near term.

If the positive momentum is maintained, GRT could rally toward the first major resistance level at $0.18875 before the end of the day. 

However, GRT would need the support of the broader crypto market to cross the $0.20 resistance level for the second time this month. 

Where to buy The Graph now



eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy GRT with eToro today


Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy GRT with Bitstamp today

All Dutch and English crypto news!

Coinbase stock down 25% as regulators move in and crypto environment worsens again

Key Takeaways Coinbase was issued with a Wells notice this week and now awaits formal charges from the SEC Regulators continue to move in on US crypto...

Dit is hoe je kans maakt op 62 Bitcoin (hint: zoek een goed reisbureau)

Bij BLOX houden we wel van een goede marketingstunt. Een bedrijf genaamd LunarCrush heeft plannen aangekondigd om 62 Bitcoin te verstoppen op de maan. Of...

How Montana stands to benefit if its pro-crypto mining bill is approved

The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way...

zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet

Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on zero-knowledge proof roll-up zkSync...

Beste exchanges

Koop je crypto bij Bitvavo