GRT rose 25.58% as The Graph Foundation prepared to move query traffic from Subgraph Studio to The Graph Network. The migration will begin with BNB Smart Chain and Polygon on October 8, while later network dates remain undisclosed. The shift could give decentralized indexers (network operators processing blockchain data) more opportunities to handle queries and earn fees in GRT, potentially linking network usage more directly to token demand. Spot volume climbed 530.9% to nearly $117.1 million, while GRT derivatives volume surged 892.99% to $150.25 million and open interest (the value of active derivatives contracts) increased 61.59% to $29.74 million. Futures positioning remained seller-dominated, and exchange reserves rose 11.45% to $49.7164 million, adding potential supply pressure. After reaching nearly $0.036, GRT retraced to about $0.0325, with RSI (a momentum indicator) falling from 87.09 to 73.50. A retest of the $0.027 to $0.028 demand zone, including the cited $0.02716 level, could support another recovery attempt, while a break below $0.027 would expose support at $0.01706.