Latest Subsquid (SQD) Price Analysis

By CMC AI
17 January 2026 02:14PM (UTC+0)

Why is SQD’s price up today? (17/01/2026)

TLDR

Subsquid (SQD) rose 5.04% in the past 24h, extending its 30-day gain of 86.28% while the broader crypto market gained just 0.05%. Key drivers:

  1. Revenue Pools launch – New token lock-up model ties utility to enterprise demand.

  2. AI sector momentum – Coinbase’s x402 protocol upgrade fuels AI token surge.

  3. Technical breakout – Price holds above key moving averages with bullish RSI.

Deep Dive

1. Revenue Pools Launch (Bullish Impact)

Overview: On December 31, 2025, Subsquid launched SQD Revenue Pools, enabling token holders to lock SQD to support network capacity and earn a share of enterprise customer payments (e.g., Deutsche Telekom, PancakeSwap) in stablecoins. This model replaces token inflation with real revenue streams.
What this means: Locking tokens reduces immediate sell pressure while creating scarcity. By tying rewards to enterprise demand instead of token emissions, Subsquid aligns token value with real-world usage. This could attract long-term holders anticipating reduced supply and increased utility.

2. AI Narrative Resurgence (Bullish Impact)

Overview: SQD surged 114% in late December alongside other AI tokens after Coinbase developers released x402 V2, an open-source payment protocol for AI agents with multi-chain support. HTX exchange highlighted SQD as a top performer in its AI sector recap.
What this means: As a data infrastructure provider for AI systems, SQD benefits from renewed capital rotation into AI-related tokens. The timing of this sector-wide rally amplified buying pressure during SQD’s product announcement.

3. Technical Strength (Bullish Impact)

Overview: SQD trades above its 7-day EMA ($0.0743) and 30-day EMA ($0.0711), signaling sustained upward momentum. The RSI at 58.63 avoids overbought territory, leaving room for growth.
What this means: The price holding above key moving averages confirms bullish sentiment, encouraging short-term traders. Volume rose 0.77% to $6.19M, supporting the breakout.

Conclusion

SQD’s gains stem from a strategic product launch that reduces token supply pressure, amplified by sector-wide AI enthusiasm and favorable technical positioning.

Key watch: Will Revenue Pool participation rates validate the tokenomic model this week?

Why is SQD’s price down today? (15/01/2026)

TLDR

Subsquid fell 3.13% over the last 24h, underperforming a slightly down crypto market (–0.93%). This dip interrupts a strong 30-day rally (+76.44%) and may reflect technical resistance and fading momentum after recent gains.

  1. Technical resistance – Bearish MACD crossover signals short-term exhaustion after 30-day surge

  2. Market-wide caution – Crypto market cap dipped 0.93% with rising BTC dominance (59.04%)

  3. Volume contraction – Trading activity dropped 30.4%, reducing support at current levels

Deep Dive

1. Technical Resistance (Bearish Impact)

Overview: SQD's MACD indicator shows a bearish crossover (histogram: -0.00156), signaling weakening momentum after its 76% monthly surge. This technical pattern often precedes short-term pullbacks as traders take profits.
What this means: The crossover suggests exhaustion after rapid gains, inviting profit-taking near resistance at $0.0768 (7-day SMA). With RSI at 52.57 (neutral), there's room for further consolidation before rebounding.

2. Market-Wide Caution (Mixed Impact)

Overview: The broader crypto market dipped 0.93% amid rising Bitcoin dominance (59.04%, +0.4% daily), reflecting capital rotation toward safer assets. SQD's decline exceeded the market average, showing higher sensitivity to risk-off sentiment.
What this means: Altcoins like SQD often underperform during BTC dominance spikes. Neutral Fear/Greed (54) suggests no panic, but traders may be trimming recent winners like SQD after its outperformance.

Conclusion

SQD's dip appears driven by technical rebalancing after sharp gains and mild risk aversion across crypto markets. The token retains strong monthly fundamentals but needs renewed volume to challenge resistance.
Key watch: Can SQD hold $0.070 support (30-day SMA) as MACD converges?

CMC AI can make mistakes. Not financial advice.