- Hypergraph allows developers to build privacy-focused configurable apps with end-to-end encryption and local first architecture.
- Features such as the GRC-20, distributed knowledge graphs, and Geo Connect improve data control and interoperability between Web3 apps.
This graph has launched Hypergraph Developer Preview. This is a new foundation for developers who want to build their applications with a local-first, privacy-oriented approach. A centralized server, no custom indexes, and most interestingly, everything is end-to-end encrypted.
Imagine this. Build applications that can be run interconnected, lightweight, private, and offline. Well, that's one of the goals of Hypergraph.
Features such as GRC-20 Composability, TypesYnc, and Geo Connect allow developers to not only create secure systems, but also create flexible systems for a variety of data schemas, including access to distributed knowledge graphs. complicated? It's exactly the opposite. The goal is to make it all as simple as possible.
Hypergraph developer previews are live!
Build composerable apps that provide privacy with local first frameworks.
🔐E2E Encryption
prc-20 Combination of Grc-20
inverted-access to distributed knowledge graphs
➕TypeNc & Geo Connect for for leftless schemas & private-Space Access pic.twitter.com/rgpqbhppgl– Graph (@graphprotocol) July 3, 2025
Graphs increase network support and increase developer access
On the other hand, this is more than just an overnight project. Over the past few months, Graf has been eagerly building its technical foundation. This early July, they added full support for two new networks: Botanix and Katana.
Now, through Subgraph Studio, developers can access and query both networks directly without hassle, without the hassle. And this is not an idol's movement. Botanix and Katana are likely to be adopted in the Web3 ecosystem, and graphs seem to be fully aware that the more networks they support, the stronger their position in the blockchain data indexing sector.
Additionally, as reported by CNF in early June, networks widely used in gaming ecosystems such as Axie Infinity are officially integrated with graphs.
This will host ways for Ronin developers to access historical and real-time data via dedicated subgraphs. So, do you want to create a dashboard? AI agent? Or data-driven DAPP? Now you can pull data out without building your own indexing tool from scratch.
Question, revenues go down, but that's not bad news
Interestingly, despite its use, graph revenues have declined. In the first quarter of 2025, the total recorded queries reached 6.14 billion. However, in terms of revenue, it actually fell 2.3% to around $210,200.
Why? It turns out they reduced their subgraph fees by 50%.
Luckily, the launch of the substream was able to offset this pressure. This new mechanism allows for more efficient processing of previously heavy queries. Many developers who previously felt that indexes were too high or complicated are now beginning to return to the graph ecosystem.
From the outside, this may seem like a decline. But for those who have been in the open source world for a long time, what is sometimes sacrificed is short-term income for long-term trust.
Meanwhile, GRT, the native token of the graph, also shows very stable movement. The price was there when this article was written $0.08257top 1.92% In the past 7 days. Its total market capitalization reached approximately $815 million. This shows that this project is not going anywhere, it is still active and still has a rather strong community base.