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GRT price jumps 25.58% as query migration boosts trading volume and market activity

Technical Signals
28 Sep 2026
AMBCrypto
View Source
Bullish
GRT price jumps 25.58% as query migration boosts trading volume and market activity

GRT's price surged 25.58% following The Graph Foundation's announcement to migrate query traffic from Subgraph Studio to The Graph Network, starting with BNB Smart Chain and Polygon on October 8. This migration is expected to increase demand for GRT as decentralized indexers earn fees by processing queries. Spot trading volume spiked over 530% to $117.1 million, while derivatives trading soared nearly 893%, reflecting heightened market interest and leverage. Despite the rally, sellers remain active, with increased exchange reserves and futures selling pressure posing risks to sustained gains. A key support zone around $0.027 could offer a base for further recovery, while falling below it might lead to a deeper decline toward $0.017.

Despite the recent rally in GRT's price noted in the article, on Pluang the token is currently trading at Rp552 with a 1-day decline of 12.69%. The platform shows a strong selling sentiment with 92% of order activity being sell orders. These figures are as of Sep 29, 2026 07:22 WIB.

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