Graphite Protocol GP

What GP actually is on-chain

Graphite Protocol is an SPL token deployed on Solana, at contract address 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk. That address, not the ticker GP, is what uniquely identifies this asset: anyone can deploy a second token calling itself GP, but the contract is unforgeable. Verify it against solscan.io before sending funds or approving a spend.

On Solana the token account model means GP is held in an associated token account derived from the mint above, and a wallet has to be rent-funded in SOL before it can receive the token at all. Fees are a fraction of a cent, so the cost of trading GP is dominated by pool slippage in Raydium and Orca pools, not by gas — the opposite of the EVM case.

For GP the project publishes a whitepaper and an active account as @GraphiteProto. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where GP sits in the market

At #1535, Graphite Protocol is in the middle of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

We are not currently receiving a live GP order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. GP is a Solana asset, so whatever turnover exists is most likely in Raydium and Orca pools rather than on a centralised book, and every fill there costs SOL in gas on top of the pool's own fee.

GP against its all-time high

Graphite Protocol's record high is $6.89, set on 2025-07-26. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set roughly 1 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live GP price — a stale or single-pool number would make that percentage look precise when it is not.

GP across its historical range

GP has traded across a 252x range, between $0.0273 and $6.89. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.0273 was printed on 2025-04-16 — roughly 2 years ago. We have no live quote to measure the current distance from it.

GP supply and valuation data

Supply figures for GP are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $10.6 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one solscan.io reports for this contract.

What kind of asset GP is

Graphite Protocol is an infrastructure asset — the category that includes oracles, data availability, storage and physical-infrastructure networks. Demand for these is derived rather than direct: it depends on how much is being built on top, which makes revenue steadier but growth slower than in consumer-facing categories. Token value accrual is often the weakest link and is worth verifying before assuming it exists.

CoinGecko files GP under 2 categories, including Infrastructure, Solana Ecosystem. CoinGecko also records deployments on Solana (3,129 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Graphite Protocol alert that is worth receiving

Graphite Protocol is the SPL token at 31k88G…Pygk on Solana — high dated 2025-07-26 — rank #1535. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →