Gate News Bot news, on December 24, according to CoinMarketCap data, as of the time of writing, SQD (Subsquid) is currently priced at 0.05 USD, with a 24-hour rise of 20.02%, peaking at 0.06 USD and dropping to a low of 0.04 USD, with a 24-hour volume reaching 20.9 million USD. The current market capitalization is approximately 48.2 million USD, an increase of 8.04 million USD compared to yesterday.
Important Recent News about SQD:
1️⃣ Rezolve AI strategic acquisition drives ecosystem integration
Subsquid, after being acquired by Rezolve AI, has achieved a deep integration of blockchain data infrastructure with AI applications. This integration combines decentralized data lakes, query engines, and Smartpay digital asset payment tracks, providing a complete data and payment solution for the AI economy. This strategic acquisition strengthens SQD's core competitiveness in the AI data infrastructure field, laying a solid foundation for the platform's long-term development.
2️⃣ The scale and activity of network operations continue to expand
The SQD network currently has 2,126 active nodes, with a service scale reaching 1PB of data in the past 90 days and a peak request volume of 4.65 million times in 24 hours. These metrics reflect the robust operation of the network infrastructure and the continuous rise in market demand. The large scale of nodes and the high frequency of data requests indicate that the platform's application value in the Web3 and AI ecosystem is widely validated, and the demand for decentralized data services continues to climb.
3️⃣ Deflationary mechanism and strong holding lock-up ratio support price stability
The SQD token encourages long-term holding through a deflationary design and income capture mechanism. Currently, the staked SQD in the network has reached 252.1 million pieces, and the delegated SQD has reached 87.9412 million pieces, with a total scale of staked and delegated SQD exceeding 340 million pieces, accounting for an important proportion of the circulating supply. The high proportion of locked positions reflects investors' optimism about the long-term value of the ecosystem, while the deflationary mechanism's continuous suppression of the circulating supply has become an important fundamental factor supporting the recent price rise.
This message is not an investment advice; investors should 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
Bitcoin $20,000 Put Option Becomes Third Most Popular Strike Price Before CEX Quarterly Expiration
Before Bitcoin quarterly options expiration, the $20,000 put strike became the third most popular strike price, reflecting traders' expectations for extreme downside scenarios. Despite elevated market panic sentiment, call options still slightly outnumber put options, with overall sentiment leaning bullish.
GateNews28m ago
Zcash attracts attention for its privacy features, with a current market capitalization of $4 billion, representing 0.3% of the market share.
Bitcoin still dominates the digital currency market with a market share of approximately 90%. Zcash is rising due to its privacy features, with a market value of around $4 billion, facing growth momentum. If Zcash's market share increases to 5%, its value could potentially grow 18 times.
GateNews29m ago
Polkadot’s AltRank Exploded to #1 While $DOT Price Stayed Down – The Signal Was There Weeks Ago
Something interesting has been happening with Polkadot, and most people probably missed it.
While the DOT price has been sitting relatively low compared to its all-time highs, another metric was quietly flashing a strong signal. AltRank, a metric from LunarCrush, jumped from 109 to 1 in just o
CaptainAltcoin1h ago
BTC Traditional Bottom Indicators Fail, Three New Indicators Gain Market Attention
Bitcoin's recent price volatility has been significant, falling from $76,000 to $69,200, with mixed signals from market bottom indicators. Newly focused indicators such as CVDD, NUPL, and stablecoin inflows may provide clearer insights into market dynamics, suggesting that the bottom has not yet been reached.
GateNews1h ago
BTC 15-minute surge of 0.53%: Dovish CPI signals trigger buying frenzy, whale accumulation intensifies supply compression
During the 2026-03-19 13:30-13:45 (UTC) time window, BTC recorded a 15-minute return of +0.53%, with the price moving slightly upward within the range of 69243.3 to 69826.0 USDT, with a volatility amplitude of 0.84%. The unexpected CPI data release combined with on-chain liquidity tightening sparked market attention, causing significant short-term price movements in BTC. Trading volume did not show extreme expansion, but spot buying pressure increased rapidly.
The main driver of this price movement was the official release of US March CPI data at 13:30 (UTC), which triggered a recovery in market risk appetite. C
GateNews1h ago
