Rocket Pool vs The Graph: A Comparison and Review

Rocket Pool

• Symbol: RPL
• Name: Rocket Pool
• Asset Platform: Ethereum
• Categories: Business Services, Infrastructure, Decentralized Finance (DeFi), Polygon Ecosystem, Arbitrum Ecosystem, Liquid Staking Governance Tokens, Ethereum Ecosystem
• Market Cap Rank: 77
• Price Change (30d): 77%

Rocket Pool is Ethereum’s most decentralized liquid staking protocol. It allows liquid stakers to participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Unlike custodial solutions, Rocket Pool is fully non-custodial, ensuring the security of user funds. Node operators in Rocket Pool are economically aligned to perform well for stakers, and becoming a node operator requires just 16 ETH instead of the usual 32. Node operators earn a boosted ROI through operator commissions and RPL rewards. With a track record since 2016, Rocket Pool has established itself as a reliable and trusted player in the staking space.

The Graph

• Symbol: GRT
• Name: The Graph
• Asset Platform: Ethereum
• Categories: Business Services, Infrastructure, Analytics, Decentralized Finance (DeFi), BNB Chain Ecosystem, Solana Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, Arbitrum Ecosystem, Avalanche Ecosystem, Harmony Ecosystem, Near Protocol Ecosystem, Ethereum Ecosystem
• Market Cap Rank: 45
• Price Change (30d): -21.70348%

The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL. It provides developers with Graph Explorer, a tool to search, find, and publish all the public data they need to build decentralized applications. The Graph Network enables the development of serverless dApps that run entirely on public infrastructure. The native token of The Graph Network is GRT, an ERC20 token used for coordinating work. Node operators, known as Indexers, stake and earn GRT for processing queries. GRT can also be delegated to Indexers by anyone to secure the network and earn rewards. Curators play a role in organizing the data on The Graph by signaling GRT on useful APIs called subgraphs. Together, Indexers, Delegators, and Curators maintain a useful global API for DeFi and Web3 in the crypto economy.

Comparison

Asset Platform

Both Rocket Pool and The Graph are built on the Ethereum platform, leveraging its infrastructure and ecosystem.

Categories

Rocket Pool falls under the categories of Business Services, Infrastructure, and Decentralized Finance (DeFi), primarily focusing on the Ethereum ecosystem. On the other hand, The Graph covers a broader range of categories, including Analytics, BNB Chain Ecosystem, Solana Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, Arbitrum Ecosystem, Avalanche Ecosystem, Harmony Ecosystem, Near Protocol Ecosystem, and Ethereum Ecosystem. This wider coverage suggests that The Graph has more integrations and collaborations across multiple blockchain ecosystems.

Market Cap Rank

Rocket Pool holds the 77th position in terms of market capitalization, whereas The Graph ranks higher at 45th.

Price Change (30d)

In the past 30 days, Rocket Pool has experienced a significant price increase of 77%. On the other hand, The Graph has seen a negative price change of -21.70348% during the same period.

Conclusion

In summary, Rocket Pool and The Graph are both interesting projects in the blockchain space. Rocket Pool focuses on decentralized liquid staking on the Ethereum platform and has a strong record in the staking industry. The Graph, on the other hand, provides a powerful indexing protocol for organizing blockchain data and has a wider range of categories and ecosystem integrations. Choosing between them depends on your specific needs and goals within the blockchain ecosystem.