Ultra Early Solana Launch. $GRAPHITE (July 24)

[penmro]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

 

[penmro]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly

Quick Update on Graphite Protocol ($GP)


Just checked back in on GP and the momentum’s holding strong:

• Price: $6.55 (+26% 24h)
• Market Cap: ~$408.8M
• Liquidity: $13.1M
• 24h Volume: $41.2M
• Holders: 11K+

The most interesting piece is the sustained activity 51K+ transactions in 24 hours and a 30% jump in active traders. It’s behaving more like an established token catching a second wind than a fresh stealth launch.

I’ll keep watching to see if this trend sticks or sets up for another breakout. Full details are in the original post above for context.

 

[jackjace]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

Haven’t really followed Graphite Protocol closely until now, but seeing those numbers makes it stand out. $408M cap with strong liquidity and over 50K transactions in 24h isn’t something you see often for a protocol still this early in exposure.

What’s even more interesting is the jump in active traders. 30% in a day is big and usually means people are finding real utility or momentum behind it. I’ll be keeping an eye on how it holds up over the next few sessions. Thanks for pulling these stats together; it saves a lot of digging.

 

[penmro]

Haven’t really followed Graphite Protocol closely until now, but seeing those numbers makes it stand out. $408M cap with strong liquidity and over 50K transactions in 24h isn’t something you see often for a protocol still this early in exposure.

What’s even more interesting is the jump in active traders. 30% in a day is big and usually means people are finding real utility or momentum behind it. I’ll be keeping an eye on how it holds up over the next few sessions. Thanks for pulling these stats together; it saves a lot of digging.

Yeah, that active trader jump caught my eye too. You don’t usually see liquidity that deep paired with those kinds of transaction counts unless there’s something real pulling people in. If it keeps holding volume like this, it could shift from being a “quietly strong” protocol to one of those narratives that just takes off. Definitely worth staying on it for the next few days to see if there’s a second leg up.

 

[darkalex]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

I actually went back and checked the wallet flow on Graphite Protocol after seeing this post, and the numbers are kind of impressive. Over 51K transactions in just 24 hours with liquidity sitting at $13M+ that’s not what you usually see from a short term hype token.

What stands out to me is the number of unique holders (11K+) and how steady the trading activity looks even after that 26% move up. It feels more like a platform building real momentum rather than one of those quick pumps. If they can keep volume above $40M and maintain this kind of participation, I wouldn’t be surprised to see it push further or attract more attention from bigger accounts soon. Definitely staying on this one for the rest of the week.

 

[penmro]

I actually went back and checked the wallet flow on Graphite Protocol after seeing this post, and the numbers are kind of impressive. Over 51K transactions in just 24 hours with liquidity sitting at $13M+ that’s not what you usually see from a short term hype token.

What stands out to me is the number of unique holders (11K+) and how steady the trading activity looks even after that 26% move up. It feels more like a platform building real momentum rather than one of those quick pumps. If they can keep volume above $40M and maintain this kind of participation, I wouldn’t be surprised to see it push further or attract more attention from bigger accounts soon. Definitely staying on this one for the rest of the week.

That’s a great point. I had the same takeaway looking at the wallet distributio. 51K transactions and 11K+ holders isn’t something you see every day on a move like this. It’s almost trading like an established token catching a second wave, not just a one-off spike. If that momentum holds, GP might end up becoming a case study on how liquidity depth changes the game for meme/utility hybrids on Solana. Let’s keep watching how it holds over the next few sessions; if it stabilizes at these levels, it could set up an interesting narrative shift.

 

[Amorcito]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

I actually hadn’t given GP much attention before seeing this breakdown, but the numbers really caught my eye. Over 50k transactions in a single day with liquidity sitting above $13M isn’t something you see often, especially from a token that hasn’t been aggressively shilled lately.

What’s interesting is how it’s moving more like a seasoned project catching momentum again rather than just another speculative pump. The holder count breaking past 11K this early in the move is a strong signal too. it suggests there’s real interest, not just short term traders cycling through.

Definitely one to keep a closer eye on, especially if the trading volume holds at these levels or continues to grow. Could be setting up for a narrative shift like you said.

 

[penmro]

I actually hadn’t given GP much attention before seeing this breakdown, but the numbers really caught my eye. Over 50k transactions in a single day with liquidity sitting above $13M isn’t something you see often, especially from a token that hasn’t been aggressively shilled lately.

What’s interesting is how it’s moving more like a seasoned project catching momentum again rather than just another speculative pump. The holder count breaking past 11K this early in the move is a strong signal too. it suggests there’s real interest, not just short term traders cycling through.

Definitely one to keep a closer eye on, especially if the trading volume holds at these levels or continues to grow. Could be setting up for a narrative shift like you said.

Exactly my thought as well. the liquidity and transaction count stand out because they feel sustained rather than just flash volume from a quick hype cycle. The fact it’s behaving like an established player regaining traction makes it more compelling. If that level of activity continues for a few more days, it could be one of those momentum setups that sneak up on people before the narrative catches up. Definitely worth monitoring closely.

 

[Mi Rey]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

Seeing that $GP bounce with over 50K transactions in 24 hours definitely changes the perspective. That kind of trader activity paired with $40M+ in daily volume suggests there’s real interest behind it, not just a one off spike.

The market cap still feels relatively light for those numbers, so if momentum holds and more wallets keep showing up, this could evolve into something bigger. Good catch bringing those stats together. saves a ton of digging.

 

[penmro]

Seeing that $GP bounce with over 50K transactions in 24 hours definitely changes the perspective. That kind of trader activity paired with $40M+ in daily volume suggests there’s real interest behind it, not just a one off spike.

The market cap still feels relatively light for those numbers, so if momentum holds and more wallets keep showing up, this could evolve into something bigger. Good catch bringing those stats together. saves a ton of digging.

Exactly my thought too. that level of transaction activity isn’t common unless there’s something brewing behind the scenes. If Graphite Protocol can keep that kind of volume and wallet count steady, it could transition from just a “momentum play” to a more established trend. Definitely keeping tabs to see if the follow through matches today’s hype.

 

[Dulce]

Just spotted $GRAPHITE (Graphite Protocol) starting to show up on chain trackers today. It’s an extremely early launch but already showing wallet activity building fast.

Details so far:

• Contract: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• Birdeye: birdeye.so/token/31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
• X: GraphiteProto

Why it’s interesting:

• Early wallet activity despite no big marketing push yet
• Low cap entry point with no exchange listings yet
• Focused on on-chain protocol building (details still emerging)

Still very early. DYOR and manage risk accordingly.

This is a solid catch. $GP’s activity feels different compared to quick pump and dump runs we usually see. Sustained trader growth plus high transaction count in 24h suggests there’s real participation here rather than just one off speculation.

I’m curious if this momentum is coming from whales rotating in or if it’s community driven accumulation. Either way, data like this makes me want to track order flow closer over the next few days. Appreciate you posting the full breakdown. definitely worth keeping on the radar.