The Graph Continues to Power Web3 Data Access Across Multiple Sectors

🔍 What Powers 70+ Blockchains?

By The Graph
Jan 23, 2025, 4:20 PM
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The Graph network maintains its position as a crucial infrastructure for web3 data access, serving multiple sectors:

  • NFT Projects: Providing fast data access for digital collectibles
  • DeFi Applications: Supporting financial protocols with reliable data feeds
  • Governance Systems: Enabling efficient access to on-chain voting and proposal data

The protocol currently supports 70+ blockchains and serves thousands of developers with consistent, reliable blockchain data access.​ Its infrastructure remains essential for maintaining speed and accessibility across the web3 ecosystem.​

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Read more about The Graph

The Graph Launches Substreams Foundational Stores for Faster Blockchain Data Access

**The Graph introduces Substreams Foundational Stores** - a new solution helping developers scale blockchain projects more efficiently. **Key improvements:** - **Deterministic data access** without multiple eth_calls - **Faster indexing** with lower latency - **Major reduction** in development time The stores eliminate the need for slow, costly RPC calls to redundant datasets or local data caches that previously made blockchain development tedious and expensive. **Perfect for:** - DeFi protocols - Wallet applications - Portfolio tracking tools This builds on The Graph's recent Solana integration, which already delivers real-time data streaming, 70% cost reductions, and automatic re-org handling for developers. [Learn more about Substreams](https://thegraph.com/blog/substreams)

The Graph Develops New System to Replace Thousands of RPC Calls with Shared Lookups

**The Graph is developing a new system** that could revolutionize how blockchain data is accessed. The innovation aims to **replace thousands of individual RPC calls** with a more efficient shared lookup system for common queries. Key benefits: - Reduced network congestion from repetitive calls - More efficient data retrieval processes - Streamlined blockchain data access This development builds on The Graph's existing infrastructure that already **processes millions of queries daily** across the decentralized web. The new system could significantly improve performance for dApps and developers who currently rely on multiple RPC endpoints for basic blockchain data lookups.

🔧 Solana Devs Waste Time

**Solana developers face a persistent data problem** that's slowing down the ecosystem. Simple tasks like finding which wallets hold specific tokens require developers to: - Crawl through program accounts manually - Parse complex SPL data structures - Recompute the same relationships repeatedly **Every development team builds identical parsing and caching systems from scratch.** This creates redundant work, introduces errors, and wastes valuable development time. The irony is clear: Solana was built for speed, but **account data access has become a major bottleneck** for builders. This foundational infrastructure problem affects the entire developer experience on what should be one of the fastest blockchains.

Ethereum Developers Waste Millions on Redundant RPC Calls Daily

**Ethereum's infrastructure inefficiency is costing developers time and money.** Millions of redundant RPC calls happen daily on Ethereum, with each call being: - Slow and expensive to execute - Often returning identical data from previous days - Requiring teams to rebuild the same caching and parsing systems **The current approach creates unnecessary waste:** - Development teams duplicate efforts building similar infrastructure - Infrastructure costs balloon without added value - Builders face slower development cycles Fetching basic data like balance information and token metadata involves excessive eth_calls, complex code parsing, and error-prone caching systems. **A more efficient solution for shared, foundational datasets could eliminate this redundancy** and provide developers with faster, more reliable access to blockchain data.

🤖 AI Agent Economy Accelerates

**The Graph is positioning itself as critical infrastructure for the emerging AI agent economy.** As AI agents require seamless access to blockchain data and scalable payment systems, The Graph is developing new standards to meet these demands. The protocol enables agents to access on-demand data without infrastructure overhead. **Key developments:** - New standards from Graph core developers at Edge & Node - Focus on data and payment infrastructure that scales - Real-time blockchain data access for AI agents **Real-world impact:** CreatorBid successfully integrated Subgraphs to eliminate infrastructure costs while providing instant blockchain data access for their AI agent platform. The convergence of AI agents and blockchain infrastructure represents a significant shift in how decentralized applications will operate and scale.