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
XRP Breaks Above $1.40 as Spot ETF Inflows Hit $17.6M Milestone
XRP breaks $1.40 after Ripple partnership boosts investor confidence and market momentum.
Spot XRP ETFs record $17.6M inflows, signaling rising institutional demand and interest.
Technical indicators show resistance ahead, with support holding near $1.40 and $1.3840.
Ripple’s XRP is
CryptoNewsLand1h ago
PEPE Reclaims 0.00000400 — Is This 1.8% Move the Start of a Bigger Run?
PEPE rebounds from 0.00000385 support, forming higher lows and stronger bullish structure.
Technical indicators like MACD and RSI show momentum with room for further upside.
Key resistance at 0.00000410; support at 0.00000380 critical for trend continuation.
PepeCoin — PEPE, has
CryptoNewsLand6h ago
ETH drops 0.58% in 15 minutes: derivatives liquidity contraction and proactive position reduction dominate short-term pullback
From 2026-04-19 04:30 to 2026-04-19 04:45 (UTC), within ETH’s 15-minute candlestick chart, the return recorded -0.58%, and the price range was 2321.62 to 2342.04 USDT, with an amplitude of 0.87%. The short-term selloff occurred against a backdrop of increased overall market volatility and a broad decline in the prices of major crypto assets; overall market risk appetite clearly fell, and traders’ wait-and-see sentiment strengthened.
The main driver behind this abnormal move is a sharp contraction in liquidity in the derivatives market and leveraged funds proactively reducing positions. Data shows that over the past 24 hours, the ETH/USD perpetual contract trading volume dropped 67.16% to approximately 74.87 million, open interest edged down 3.33% to 329 million, and liquidation amounts did not expand unusually. This structure indicates that the market lacks the risk of passive cascades; more funds chose to proactively step aside and wait on the sidelines, intensifying short-term selling pressure.
In addition, the long/short structure in which shorts held the upper hand (long/short ratio 47.48%:52.52%) and sentiment synchronization with the panic range reinforced the downward price trend. During the same period, major coins such as BTC and SOL also fell 2%-3.4% in tandem, further showing that this pullback was driven by system-wide risk sentiment. On-chain funds did not show any large abnormal transfers or large-scale liquidations of DeFi protocols; spot and on-chain liquidity remained generally stable, and no sudden system risk resonance was observed.
Current volatility-related risks still need close monitoring, especially as overall risk appetite continues to contract—ETH’s short-term price may face further downside probing. Watch subsequent changes in derivatives trading volume and open interest, extreme shifts in the long/short ratio and funding rate, and promptly monitor on-chain fund flows, large transfers, and any signs of amplified platform net outflows. For more market anomalies and deeper analysis, please continue to follow our upcoming market updates.
GateNews7h ago
Spark Protocol's January delisting of rsETH proves prudent as Aave faces ETH liquidity crisis
Spark Protocol's strategy of delisting low-usage assets and tightening collateral has faced initial backlash but proved wise during market turmoil. While maintaining higher interest rate caps, SparkLend ensures liquidity, unlike Aave, which now faces significant risks.
GateNews7h ago
Request Network (REQ) Surges 23.68% in 15 Minutes, 24-Hour Gain Reaches 116.52%
Request Network (REQ) surged 23.68% in just 15 minutes, reaching $0.152, with a 24-hour rise of 116.52% and trading volume over $8 million. Factors include retail interest and whale accumulation. Resistance at $0.160 and support at $0.122 are under observation.
GateNews8h ago
Solana Price Stalls Near $80 as ETF Outflows Weigh
Solana trades around $80, facing bearish sentiment due to ETF outflows and declining retail participation. Technical indicators show mixed signals, with resistance at $87 and $98, while support at $77 remains critical for stability.
CryptoFrontNews13h ago