The Graph (GRT) is trading positively today, benefiting from the resurgence of the Artificial Intelligence (AI) narrative within the cryptocurrency sector. As a decentralized indexing protocol, The Graph is essential for organizing blockchain data, a utility that is increasingly overlapping with AI data needs. This positioning has made GRT a proxy bet for investors looking to gain exposure to the intersection of AI and Web3. The token has seen an uptick in volume, breaking above short-term moving averages. Network usage is also on the rise, with more subgraphs being deployed by developers to query data for dApps. The protocol's move towards a more decentralized mainnet is progressing, adding fundamental strength to the speculative interest. However, price resistance remains stiff at higher levels. Traders are monitoring the correlation between GRT and major AI-related tech stocks; positive earnings or news in the traditional AI sector often spills over into crypto assets like GRT. The outlook remains bullish as long as the demand for on-chain data continues to grow exponentially.