The Graph recorded a significant increase in quarter-on-quarter (QoQ) revenue from query fees and indexing rewards. There was a steady rise in the number of subgraphs as well.
![Tracing The Graph’s [GRT] upward trajectory since the beginning of 2023](https://images.cryptocompare.com/news/default/ambcrypto.png "Tracing The Graph’s [GRT] upward trajectory since the beginning of 2023")
