SQD (Subsquid) has risen 20.02% in the last 24 hours.

GateNews

2025-12-24 05:11:08

SQD5,76%

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.

View Original

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.

PIPPIN drops 37% as $43 million is withdrawn from the market – What's going on?

Market Analysis Price Volatility Derivatives Data

In the past 24 hours, the price of PIPPIN has dropped sharply by 37%, matching a decrease of $43 million in open contracts (OI), indicating a wave of large position closures happening in the market. This significant decline often reflects traders exiting leveraged positions as prices fall. This suggests that a strong wave of liquidation is underway in the market.

TapChiBitcoin57m ago

Arthur Hayes: BTC has not yet decoupled from American SaaS technology companies and may only be a short-term rebound

bitcoin news Market Analysis

Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC (white) has not yet decoupled from the US SaaS technology company (green). This may just be a short-term rebound, and it has not yet moved out of the danger zone. Patience is required.

GateNews1h ago

Pi Network price hits two-week high, protocol upgrade drives 8.5% increase

pi network news Market Analysis Price Volatility Project Progress Token Events

Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.

MarketWhisper1h ago

Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high

bitcoin news Market Analysis Derivatives Data

According to observations from the Gate Research Institute, the current implied volatility for Bitcoin (BTC) and Ethereum (ETH) are 55% and 74%, respectively, reflecting the options market's high expectations for short-term price fluctuations. Recent negative Delta skew for BTC and ETH indicates increased demand for short-term puts. The Gamma distribution is concentrated around March 13, which could lead to amplified volatility. In terms of large options trades, significant buying activity has been observed for both BTC and ETH.

GateNews1h ago

Bitcoin surges past $74,000! Korean stocks plunge 20% over two days, retail investors returning to crypto becoming a rebound driver?

Market Analysis Price Volatility Capital Flow Derivatives Data Global Markets On-Chain Data

Bitcoin recently broke through $74,000 and attracted $680 million in ETF inflows within two days, as a sharp decline in Korean stocks prompted retail investors to move funds into the crypto market. Although the market remains optimistic, some experts warn of potential bull trap scenarios and advise caution. Overall, opinions on Bitcoin's upward trend remain divided.

CryptoCity1h ago

Ethereum (ETH) recovers with record OI: What is the market expecting?

ethereum news Market Analysis Derivatives Data

Ethereum (ETH) broke above the $2,100 mark during Thursday's trading session, riding the wave of recovery spreading across the cryptocurrency market. The rally of the largest altcoin in the market is accompanied by a surge in open interest (OI), which now stands at 13.43 million ETH — the highest since January 31.

TapChiBitcoin1h ago

Comment

0/400

No comments