subsquid crypto - Subsquid price targets new all-time high as SQD spikes 180%
Subsquid price bucked the trend across the cryptocurrency market after it skyrocketed by more than 180% to hit levels last seen in June.Summary
- Subsquid price pumped more than 180% to hit highs of $0.2385.
- The SQD token outpaced the broader crypto market, with volume rising 900% to over $203 million.
- SQD.AI said its locked SQD had surpassed 400 million.
With most leading cryptocurrencies struggling with downside pressure, it’s the small-cap Subsquid, a decentralized data lake for artificial intelligence agents, that outpaced the broader market. The zero-knowledge-proof-powered platform saw its native token jump to highs of $0.2385, up more than 180% in the past 24 hours as of the time of writing.
Subsquid (SQD), which has benefited from upside momentum in the past few months to rally to an all-time high of $0.2865, looked set to target this peak on Friday.
As price rose, daily trading volume jumped by more than 900%, a notable spike that pushed the metric to over $203 million.
Rally sees SQD price target new all-time high
The SQD token recently pumped to highs of $0.17, aided by a rally in AI-related altcoins. However, profit-taking pushed it to under $0.07 on Sept. 25—declines that aligned with Bitcoin’s sharp drop to near $108,000.
On Sept. 26, likely aided by SQD.AI’s locking of over 400 million SQD tokens, the price shot up.
Partnerships, such as the one with Chillwhales, a platform that powers non-fungible token browsing and seeks to bolster the creator economy, have outlined SQD as a top indexer. Chillwhales, which leveraged The Graph to index NFT data on LUKSO, has since adopted SQD.
Deutsche Telekom joined Subsquid as a node, while Flare was among the first platforms to integrate the data indexer.
Per data on Coinglass, the open interest in Subsquid has increased to $62.4 million.
This signals trader confidence as the AI agent space gains fresh impetus, helped by markets’ bets on strong showings by AI companies like Nvidia, Oracle, and OpenAI. The surge above $0.23 means SQD price hovered about 22% off the all-time peak.
This detailed match analysis covers key moments, player performances, and tactical insights.
?? Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
?? Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
??? Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.
Final whistle analysis: The tactical shift in the second half proved decisive.