The graph (GRT), a key player in blockchain data indexing, has not seen a price pump yet. Known for its role in Web3 data solutions, it has new strong technology but lacks upward price movement, especially against the memecoin market.
From technical indicators to market trends, here’s a clear look at its current state.
(GRTUSD)
No Market Appreciation for GRT
Technical indicators show a bearish trend for GRT. The RSI is at 40.31, showing a weak momentum, while the 50-day SMA ($0.10441) and 200-day SMA ($0.130969) show selling pressure. Volatility is also peaking high at close to 10%, and no breakout from a falling wedges has yet to come.
Market sentiment leans bearish, with 51% of traders cautious. The Fear and Greed Index at 52 is in a neutral but reserved mood. GRT’s price fell to $0.094 recently, a 7% drop in 24 hours, missing the other altcoin gains.
Fundamentally, GRT, too, faces challenges. Index users must stake 100,000 GRT, valued at over $20,000, which limits participation. To make things bearish for it, its top addresses hold about 45% of tokens, raising centralization. It’s also inflationary right now with the supply that has grown 7.6x in 3.5 years, capping its price growth.
The technical level is not looking good either. Developer activity ranks 31st, with only 39 active developers weekly. Despite 168,560 delegators and high query fees on Arbitrum, this has not yet driven any price increases, leaving GRT in a quiet phase.
Recent developments, like Chainlink’s CCIP for cross-chain support, are promising, but didn’t budge GRT’s price. Without new exchange listings or major news, GRT struggles to compete even with memecoins.
GRT known for Web3 data solutions has new strong technology but lacks upward price movement, especially against the memecoin market.
$GRT query volume up price down on Bitget. Web3's essential but painfully unsexy data layer. Who actually understands this project? 📊
— Jacoby Sandoval (@mjbtp39525626) May 15, 2025
Although, social media discussions show some optimism, people mentioning bullish patterns and a nearly locked supply as positives. However, others highlight low demand and ongoing corrections, indicating GRT needs a stronger catalyst for growth.
GRT’s price will probably stays flat for the short-mid term due to bearish technical signals, cautious market sentiment, and fundamental issues. Its Web3 utility is solid, but memecoin might still the one to buy during these uncertain market condition.
DISCOVER:Â 9+ Best High-Risk, High-Reward Crypto to Buy This Year
This New Memecoin Will Likely Outperform GRT
Bitcoin HYPER is not just a new memecoin; it’s the first layer-2 token for Bitcoin. Still in presale, it offers fast settlements and dApp advantages. Bitcoin HYPER rides sentiment waves and Bitcoin upward momentum, blending utility with memecoin adoption rate.
What does it do?
- Bridge
User deposits BTC to a designated Bitcoin address monitored by Bitcoin Hyper’s Canonical Bridge.
The Bitcoin Relay Program, an SVM smart contract, verifies Bitcoin block headers and transaction proofs.
Upon successful verification, an equivalent amount of BTC is minted on Bitcoin Hyper’s Layer 2 in a trustless manner. - L2 Operation
Users can send and receive BTC on Bitcoin Hyper’s Layer 2 with near-instant finality.
Supports complex DeFi operations, like staking and decentralized exchanges.
Leverages Solana’s Virtual Machine (SVM) for high throughput and scalability - Settlement & Security
Bitcoin Hyper batches and compresses Layer 2 transactions.
Utilizes zero-knowledge (ZK) proofs to ensure transaction validity.
The state of Layer 2 is periodically committed to Bitcoin’s Layer 1, maintaining synchronization and security. - Withdrawal to L1
Users initiate a withdrawal request on Bitcoin Hyper’s Layer 2.
The system verifies the Layer 2 state and generates a proof for the canonical bridge.
Upon validation, the corresponding BTC is released back to the user’s Bitcoin address on Layer 1.
Altcoin coupled with memecoin seasons will lift Bitcoin HYPER with new positive sentiment.
Right now, Bitcoin Hyper is priced at $0.011 with more than $1 million USD raised in less than a month. It also comes with a bonus of 646%Â APY rewards in its native token for early adopters who stake their tokens.
Head to the Bitcoin Hyper presale website. You can buy using ETH, USDT, BNB, or a credit card.
Connect with the Bitcoin Hyper community on Telegram and X.
Visit the Bitcoin Hyper website by clicking here
DISCOVER:Â Best Meme Coin ICOs to Invest in 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- GRT known for Web3 data solutions has new strong technology but lacks upward price movement, especially against the memecoin market.
- This new memecoin will likely outperform GRT.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
