The Graph price drops by 12% following the announcement of a new roadmap

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The Graph, an emerging name in the crypto industry, made the much-awaited announcement on Tuesday.

The new era of The Graph has been anticipated for days now, which resulted in a 104% rally in the past month. The new roadmap’s announcement turned out to be a sell-the-news event, as expected, given that GRT dropped by 13%. Focusing on a barrage of developments, The Graph will bring LLMs and chain integrations, among other services. Interestingly, the investors' reaction was far opposite to the anticipation, resulting in the price of the asset crashing.

Commenting on the announcement of the new roadmap, The Graph stated, “The roadmap will be used to provide users with transparency about future services, ensure continuous alignment among core contributors, and establish important milestones for the community to follow. Many milestones like migration to Arbitrum, new chains, and new query languages are already in-flight, while others shared today will be the focus over the next several months.

 

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