Gate News Bot Message, December 29th, according to CoinMarketCap data, as of press time, SQD (Subsquid) is currently priced at $0.08, up 20.45% in the past 24 hours, with a high of $0.09 and a low of $0.04. The 24-hour trading volume reached $27.6 million. The current market capitalization is approximately $81.4 million, an increase of $13.8 million from yesterday.
Recent Important News about SQD:
1️⃣ Rezolve AI Strategic Acquisition Strengthens Data Infrastructure Value
After Subsquid was acquired by Rezolve AI, it achieved a deep integration of blockchain data infrastructure and AI applications. This integration combines decentralized data lakes, query engines, and the Smartpay digital asset payment track, providing a complete data and payment solution for the AI economy. This strategic acquisition enhances SQD’s core competitiveness in AI data infrastructure and solidifies market confidence in the project’s long-term prospects. According to the heat ranking on December 25th, SQD’s acquisition heat rose to third place, reflecting positive market attention towards this integration event.
2️⃣ Robust Growth of Network Infrastructure Supports Application Demand
The SQD network currently has 2,126 active nodes, with a service scale of 1PB of data over the past 90 days, and a request volume of up to 4.65 million requests in 24 hours. These indicators reflect the stable operation of the network infrastructure and the continuous growth of market demand. The large node scale and high-frequency data requests demonstrate the broad validation of the platform’s application value in the Web3 and AI ecosystems, with market demand for decentralized data services continuing to rise.
3️⃣ Deflation Mechanism and High Staking Rate Provide Price Support
The SQD token employs a deflationary design and income capture mechanisms to encourage long-term holding. Currently, 252.1 million SQD are staked in the network, with 87.9412 million SQD delegated, totaling over 340 million SQD staked and delegated, accounting for a significant proportion of circulating supply. The high proportion of locked holdings reflects investors’ confidence in the long-term value of the ecosystem, while the deflationary mechanism continuously suppresses circulating supply, serving as an important fundamental factor supporting recent price increases.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PEPE Price Holds Bearish Structure as Rebound Signal Emerges
Key Insights
PEPE remains in a clear downtrend, with persistent lower highs and continued selling pressure keeping the price near key support levels around $0.00000330.
The TD Sequential indicator signals a possible rebound after an extended decline, suggesting a move toward 0.0000050 if
CryptoNewsLand24m ago
Cardano Holds Key Support as Whale Activity Signals Shift
Key Insights:
Whale accumulation increased steadily since March, with large holders absorbing supply near lows while retail activity remained subdued during weak price action phases.
Stablecoin liquidity on Cardano doubled year over year, strengthening market depth and supporting stronger
CryptoNewsLand36m ago
Chainlink Price Holds Steady as $9.75 Resistance Draws Focus
Key Insights
Chainlink trades within a defined range as a neutral RSI and steady volume create conditions for a potential breakout once momentum strengthens in the coming sessions.
Resistance at $8.89 remains critical as a confirmed move above this level could push the price toward the
CryptoNewsLand39m ago
ETH 15-minute pullback of 1.00%: Large capital selling and leveraged derivatives amplify short-term volatility
2026-04-06 16:45 to 2026-04-06 17:00 (UTC), ETH saw a brief 1.00% drop within 15 minutes; the price fell from 2168.6 USDT to 2140.3 USDT, with a swing of 1.31%. This round of abnormal price movement has drawn market attention, with heightened short-term volatility and a corresponding increase in trading volume.
The main driver behind this move is on-chain data showing that large ETH transfers of more than $10M per transaction were concentrated into a certain major exchange; the related net inflow of funds reached as high as 6,617.12 ETH. After the funds arrived,
GateNews1h ago
Hyperliquid Sees Sharp Volume Drop as Netflows Turn Deeply Negative
Hyperliquid’s derivatives volume dropped sharply, with some platforms reporting declines above 60%, signaling reduced speculative activity and weakening trader engagement across markets.
Netflows turned deeply negative near -285%, reflecting sustained capital withdrawal as both spot and
CryptoNewsLand1h ago
Bitcoin climbs above $70,000 as more contrarian bottoming signs emerge
Bitcoin's value surged past $70,000 amid a broader stock market rally, with a nearly 4% increase in 24 hours. Contrarian bulls highlight recent market signals, but uncertainty about the true bottom persists as mining companies sell off holdings.
CoinDesk1h ago
