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Technology

Blockchain Data Indexer The Graph Launches on NEAR Blockchain

The service expands beyond blockchains that are compatible with the Ethereum network.

By Andrew Thurman
AccessTimeIconOct 26, 2021 at 8:12 p.m. UTC
Updated May 11, 2023 at 4:49 p.m. UTC
(Kelly Sikkema/Unsplash)
(Kelly Sikkema/Unsplash)
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The Graph, a service that organizes data on blockchains to make the data easy to find, began testing its service Tuesday on the NEAR blockchain, marking the first time the product has run on a blockchain that’s not compatible with the Ethereum blockchain.

The Graph is used by developers to access data such as prices and user information. The protocol is live on 25 blockchain networks.

Tegan Kline, a co-founder of The Graph developer Edge & Node, told CoinDesk in an interview that it took “many months” to complete the integration, as The Graph has previously expanded only to blockchains that are compatible with the Ethereum blockchain.

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The protocol managed to make the migration because of a grant from The Graph Foundation to blockchain data company StreamingFast, which became a core contributor to The Graph earlier in the year. The foundation distributes grants to projects that are building on The Graph.

Kline also said that developers can expect to find The Graph on other blockchains that aren’t compatible with Ethereum in the coming months, as The Graph Foundation will continue to offer grants to help the service expand.

“Wherever developers go, The Graph will be,” she added.

Read more: Near Protocol Offers $800M in Grants in Bid for DeFi Mindshare

Meanwhile, the integration comes at an exciting time for NEAR. On Monday, the NEAR Foundation announced the launch of an $800 million grants program in collaboration with Proximity Labs, a U.K.-based technology company.

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Andrew Thurman
Andrew Thurman

Andrew Thurman was a tech reporter at CoinDesk with a focus on DeFi.

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