The Graph team recently announced on X that the Arbitrum Nova mainnet is now available in the Subgraph Studio.
Arbitrum Nova is a Layer 2 scaling solution for Ethereum. The project was developed by Offchain Labs, the same team behind Arbitrum One. However, Arbitrum Nova differs from Arbitrum One in several ways.
Arbitrum Nova Mainnet Launches on Subgraph Studio
Arbitrum One caters mostly to general-purpose applications. However, the team designed Arbitrum Nova for high-throughput and low-cost transactions. So, the launch of Subgraph Studio is a huge deal for developers.
What does this mean for developers?
Subgraph Studio is a platform launched by The Graph. It allows developers to create, test, and deploy subgraphs. A subgraph is a custom way of indexing and querying data from blockchains. The goal is to enable developers to build applications that can efficiently access and use blockchain data.
The Graph has been focused on expanding its community, and a huge part of that is scaling with Arbitrum. Arbitrum is an Ethereum scaling solution that helps users interact with Web3 dApps at faster speeds and lower transaction costs. The launch of Arbitrum Nova on Subgraph means Nova developers can now build subgraphs, leveraging them to create fast, performant frontends for Nova dApps.
Arbitrum is one of the 40 chains that The Graph expanded Subgraphs to. Some of the other chains include Celo, Base, and Avalanche. Expanding to these chains means more developers can build. And leverage The Graph’s lower fees and competitive syncing times.
How important are these expansions for The Graph?
The Graph’s expansion and constant upgrades highlight how important it is in shaping the future of decentralized data. It provides a reliable system for accessing blockchain data. This way, The Graph helps developers avoid the common issues associated with centralized systems.
Source: Coingecko
The recent expansions perfectly position The Graph as a top project to keep tabs on. Why? We expect more demand for data within the Web3 market in the coming months. And The Graph is one of the top guys in that field. The project will no doubt become a cornerstone of the decentralized internet. Developers can access tools needed to create a more decentralized and stable internet.
$GRT is currently up by 81% in the past year. We can easily see this number improving during the bull market.
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