The Graph, a prominent decentralized protocol in the cryptocurrency space, has recently been the subject of analysis due to its market performance and fundamental metrics. As of December 3, 2025, The Graph’s close price stood at $0.0478654, reflecting a notable fluctuation within the year. This price point is significantly lower than its 52-week high of $0.340494, recorded on December 6, 2024, indicating a substantial decline in value over the past year. Conversely, the 52-week low was observed on October 9, 2025, at $0.0395005, suggesting a recent recovery from its lowest valuation within the year.

The market capitalization of The Graph, as of the latest data, is approximately $507,440,770.46 USD. This valuation underscores the protocol’s position within the broader cryptocurrency market, despite the recent downturn in its price. The market cap reflects the total value of all circulating tokens, providing insight into the overall market sentiment and the perceived value of The Graph’s underlying technology and utility.

The Graph operates as a decentralized protocol that indexes data from blockchains, enabling developers to build efficient and powerful decentralized applications (dApps). Its primary function is to facilitate the querying of blockchain data, which is crucial for the development and operation of dApps that require access to real-time data from various blockchains. The protocol’s ability to provide a scalable and efficient solution for data indexing has positioned it as a key player in the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems.

Despite the recent decline in its price, The Graph’s market cap and its role in the blockchain ecosystem suggest that it remains a significant asset within the cryptocurrency market. Investors and developers continue to monitor its performance closely, given its potential to drive innovation and efficiency in decentralized applications. The protocol’s future trajectory will likely depend on its ability to adapt to the evolving demands of the blockchain industry and maintain its relevance in a rapidly changing technological landscape.