The Graph Q2 2025 Usage Rises 6.4%, Reaches 6.49B Queries

The Graph network reported strong growth in Q2 2025, with query volume reaching a record 6.49 billion and a 46.3% quarter-over-quarter rise in new Subgraphs launched, indicating renewed momentum in decentralized data indexing. After a prolonged decline, participation by Indexers increased, alongside a 6.4% rise in usage-based revenue to nearly $129,000, supported by multichain activity and efficiency improvements such as GraphTally. The integration of Chainlink CCIP will soon enable cross-chain GRT token transfers across Arbitrum, Base, and Solana, enhancing staking and payment capabilities. This growth underscores The Graph's role in simplifying access to onchain data for developers via its Subgraph APIs, incentivizing network participants through its native GRT token. Other articles, including those on building materials, stock tips, educational robotics programs, and weather forecasts, are unrelated to decentralized data indexing and The Graph's ecosystem developments and are therefore excluded from this summary.