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The Graph has processed 1.27 trillion queries and most builders still treat it as a subgraph indexer. After the Horizon upgrade, that's not what it is anymore. Nick Hansen, Team Lead at The Graph Foundation, joins us live from Consensus Miami 2026 to break down what The Graph has become: a modular, multi-service data backbone targeting the $47 billion agentic AI economy. The December 2025 Horizon upgrade didn't just improve the protocol — it transformed it. Six new data services are now live or in deployment: Subgraphs, Substreams, Token API, Tycho for DeFi solvers, Amp for institutions, and JSON-RPC. We get into how AI agents will query The Graph and pay per-query with no API keys, why record usage hasn't translated to GRT price performance, and what the missing ingredient is to kick the economic flywheel into gear. 🔗 https://thegraph.com
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