Avalanche (AVAX) integrates with The Graph (GRT)

DeFi platform Avalanche (AVAX) has integrated with The Graph to improve its querying and indexing on the smart contracts platform

Decentralised smart contracts platform, Avalanche, has integrated with The Graph to expand querying and indexing on the platform.

According to a press release shared with Coin Rivet, developers building on Avalanche can easily query custom on-chain data requests, without having to run a full node, via subgraphs, which are indexes of specifically-defined blockchain data.

More than 9,000 subgraphs have been deployed as of February this year, with more coming online as The Graph expands support across major layer 1 blockchains.

“Decentralised, reliable data is at the core of high-quality Web3 applications. The Graph’s data suite and tooling expands the options and opportunities for developers building on Avalanche,” said John Wu, President of Ava Labs.

Expanded access to blockchain data hasn’t gone unnoticed by the Web3 developer community. In January 2021, The Graph’s hosted service saw queries increase to over 11 billion, with 100x growth during 2020.

Avalanche and The Graph have both massively benefited from the boom in decentralised finance (DeFi) since the end of 2020, with the respective AVAX and GRT tokens rising by 1,000% and and 900%.

This growth is also mirrored within Avalanche. Since the launch of the Avalanche-Ethereum Bridge (AEB) on February 8, 2021, smart contract activity on Avalanche has boomed, with transactions having increased by 2,007% to over 1,140,000, and unique wallets increasing by 2,834% to top 63,000.

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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.


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