Hassan Maishera
The Near Protocol announced via a blog post on Thursday that the Graph Foundation has included NEAR in its expansive subgraph support, now encompassing over 40 leading L1 and L2 blockchains.
The Graph also included a few other blockchains, including Arbitrum, Base, Fantom, Celo, Optimism, Polygon Labs, and Scroll. By integrating with The Graph, NEAR developers gain access to a decentralized network for streamlined data querying, significantly reducing costs and improving synchronization speeds.
The integration facilitates better multichain data accessibility for NEAR builders and increases the reach and breadth of tools and technologies to support Chain Abstraction, the team added.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $8.056, up by 3% in the last 24 hours.
The Graph is an indexing protocol for decentralized applications that allows developers to efficiently access blockchain data. Developers can build subgraphs that define how to ingest, index, and serve blockchain data in a verifiable way. GRT, the native token of The Graph Network, is down by 7% in the last 24 hours and is currently trading at $0.4005.
