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
Xinda Futures: Rising Energy Prices Constrain Rate Expectations, Gold Under Short-Term Pressure
Xinda Futures research indicates that gold price movements are influenced by rising energy prices and interest rate expectations. The Middle East conflict has kept crude oil at elevated levels, intensifying inflation concerns in the market and suppressing gold prices. The market expects the Federal Reserve to maintain interest rates unchanged, but Powell's assessment will impact subsequent policy decisions.
GateNews18m ago
Iran Bombs Israel "Nuclear Facility Surroundings" for First Time, No Nuclear Leakage So Far, But Terrorist Retaliation Cycle May Escalate
Iran launched a missile attack targeting around the Israeli nuclear research center late on March 21, causing at least 7 people to be seriously injured and 64 hospitalized. Israel's missile defense system was unable to fully intercept the missiles, worsening the tense situation. This attack is seen as retaliation for Israel's bombing of Iranian nuclear facilities, and geopolitical tensions continue to rise. The United Nations has stated that there are currently no radiation anomalies, but the risk still exists.
動區BlockTempo53m ago
Trump Issues Ultimatum: Iran Must Open Strait of Hormuz Within 48 Hours "Or We'll Bomb Power Plants," Bitcoin Plummets to 68,000
Trump issued a 48-hour ultimatum this morning (22nd) demanding Iran fully open the Strait of Hormuz, otherwise the U.S. military will destroy Iran's power plants; following the announcement, Bitcoin plummeted rapidly to $68,000, with the Fear and Greed Index dropping to 9, indicating extreme market panic.
(Background: Iran launched medium-range missiles at U.S. and British bases, missing but with a range of 4,000 kilometers, "double what intelligence estimated")
(Context: Lai Ching-te approved: Nuclear Plants 2 and 3 "have conditions for restart," Taiwan's power shortage in the AI era cannot be sustained)
Contents of this article
Toggle
Middle East conflict has been burning for over 4 weeks
Bitcoin crashes to $68,000, liquidations of $236 million
48-hour countdown, market awaits three answers
U.S. President Trump posted on his social media platform Truth Social at 7:44 AM this morning (22nd)
動區BlockTempo1h ago
RIVER surges 25% in one day: Will the uptrend continue?
RIVER has surged by 25% in 24 hours, with a 11% increase over the past week, driven by speculative trading and a 42% rise in open interest. Despite this, actual market demand remains weak, suggesting a possibility of upcoming corrections.
TapChiBitcoin3h ago
Today's cryptocurrency fear and greed index dropped to 10, still in extreme panic state
Gate News reports that on March 22, according to data from Alternative.me, the cryptocurrency fear and greed index dropped to 10, continuing its decline from yesterday's 12, and the market remains in a state of "extreme fear."
GateNews3h ago
Shiba Inu (SHIB) Sees Shorts Exit in 4 Hours While Price Eyes Recovery - U.Today
Shiba Inu's price fluctuated recently, rising to $0.00000622 before falling below the daily MA 50 at $0.00000604. Despite brief liquidations of short positions, long traders faced larger losses. Open interest in SHIB increased by 14.31%, indicating a growing trust in its potential rise amidst market uncertainties.
UToday4h ago
