On Friday, the Graph Foundation announced via X that Sonic Labs, previously known as the Fantom Foundation, has joined its ecosystem. Sonic developers can now build subgraphs and use them to create fast and performant frontends for their dApps.
The Graph is an indexing protocol for decentralized applications that allows developers to access blockchain data efficiently. 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 up 1.5% in the last 24 hours and is currently trading at $0.2436.
Sonic (previously Fantom) is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 1% in the last 24 hours and is currently trading at $0.8171.