🚀 "Subsquid (SQD) Slides to ~$0.15 as Decentralized Data Infrastructure Gains Traction"

🔹 Quick Stats (August 2025)

Price: ~$0.15 (↓ ~5% in 24h)

Market Cap: ~$106 million (circulating ~729M of 1.34B max supply)

Volume (24h): ~$28–35 million

All-Time High: ~$0.286 (June 2025), now ~50% below that peak

---

🔧 What Is SQD?

SQD is the utility and governance token of Subsquid, a decentralized Web3 indexing and query infrastructure. It empowers developers to access high-speed, scalable, and chain-agnostic blockchain data through a decentralized data lake. SQD facilitates:

Rewards for node operators storing and processing data

Staking & delegation to support trusted infrastructure

Rate-limit control by locking tokens for enhanced access

Governance on network evolution and protocol rules

---

📈 Highlights

Robust querying ecosystem: Subsquid supports over 80 blockchains (EVM, soon Cosmos & Solana), offering real-time, modular, and scalable data extraction infrastructure .

Designed for efficiency: It boasts customized indexing tools for developers—like the Squid SDK and Subsquid Cloud—for seamless buildouts of APIs, dashboards, and ETL pipelines .

Strong token model: With a clear token distribution and vesting schedule—including allocations for ecosystem growth and worker rewards—the protocol aligns long-term incentives .

Governance-ready and censorship-resistant: SQD’s tokenomics and architecture promote decentralization and transparency for query verification and node curation .

$SQD

> Disclaimer: For educational use only—not financial advice.