Recent reports reveal that the Graph, a platform used for indexing and querying blockchain data, is in the final stages of migrating to Arbitrum, a popular Ethereum layer-2 protocol. Following this announcement, GRT, the native token of the indexer, is up 13% in four days, per the candlestick arrangement in the daily chart. The Graph Migrating To Arbitrum The decision to migrate to Arbitrum follows a vote after a proposal was floated to move the indexer to the layer-2 platform. The Graph Improvement Proposal received majority support from the community, necessitating the preparation for the eventual shift to Arbitrum, a layer-2 platform using roll-ups. Like any other off-chain solution, Arbitrum enables high transaction processing, increasing scalability. Related Reading: Crypto Market Bleeds As SEC Pressures Mount, Is It Time To Buy? With better transaction processing capability, transaction costs are lower, allowing high-demand protocols to launch while enjoying high-security levels since all transactions are rolled up and confirmed on the mainnet. According to the development team, the goal is to enhance scalability, boost transaction processing speeds, and, most c ..
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