Subsquid (SQD) Price Prediction

By CMC AI
11 November 2026 09:39AM (UTC+0)
TLDR

SQD looks bearish near term, with adoption as the counterweight.

  1. Network adoption: Google Cloud integrated SQD validated datasets into BigQuery on August 25, 2026; expanding paid use could strengthen demand.

  2. Token utility: Revenue Pools launched as a limited beta in December 2025; growth could lock tokens, but rewards are not guaranteed.

  3. Market pressure: SQD is down 36.62% over 30 days and below key moving averages, making broader risk sentiment important.

Deep Dive

1. BigQuery and network adoption (Bullish Impact)

Overview: On August 25, 2026, SQD announced an integration with Google Cloud’s Web3 Blockchain Analytics through BigQuery. Plans to add networks and agent features are potential developments, not confirmed dates. Olas’ AI agents were also indexed on SQD by September 25, 2026. (Crypto Briefing, TradingView News)

What this means: These integrations could improve credibility and bring more data queries. A stronger price effect would depend on continued adoption translating into paid network use and SQD utility.

2. Revenue Pools and token demand (Mixed Impact)

Overview: Revenue Pools, announced December 31, 2025, let participants lock SQD to support capacity and potentially receive a share of enterprise payments. The beta is limited, and returns are not guaranteed. Current circulating supply is about 1.18 billion out of 1.34 billion total. (Decrypt, CMC)

What this means: More token locking and customer-funded rewards could reduce tradable supply and connect token demand to real usage. That support depends on pool growth; remaining supply and unclear release timing are risks.

3. Weak momentum and risk appetite (Bearish Impact)

Overview: As of November 11, 2026, SQD was $0.0163, down 36.62% in 30 days. It traded below its 7, 30, and 200-day averages; RSI near 38 indicates weak momentum. Crypto market sentiment was fearful, with Bitcoin dominance at 60.47%. (CMC price data, CMC market data)

What this means: Continued risk aversion could weigh on SQD, especially while price remains below those averages. A broader market recovery could help, but would not by itself prove stronger SQD demand.

Conclusion

Near term, weak momentum and risk appetite are headwinds; over the next months, adoption and token utility are the key potential offsets. For holders and traders, this means volatility may persist until usage growth shows up in token demand.

Will paid network usage expand enough to support Revenue Pools and SQD demand?

CMC AI can make mistakes. Not financial advice.