The Graph Network, a decentralized indexing layer for blockchain data, said it has expanded its data 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 data, empowering people to gain control over the data they need, on their own terms,” said Tegan Kline, CEO of Edge & Node, a project developer.

The Graph collects, processes and stores data 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.

The Graph Base Arbitrum Celo

Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.