Uptober is here, Bitcoin price is back over $116,000, spot altcoin ETFs for SOL, DOGE, and XRP are on the way, and the AI crypto sector has surged +1.5% overnight, reclaiming its combined $30Bn valuation in the process. SQD crypto is leading the AI resurgence, blasting +55% since yesterday and taking the market by storm.
SQD recently rebranded from Subsquid and is a decentralized data infrastructure network that provides developers with fast, permissionless access to historical blockchain data for dApps, analytics, and AI applications.
The bullish start to Q4 for crypto has seen the global cryptocurrency market cap rise to over $4.09T, fuelled by the likes of Somnia
Somnia
2.29%
Somnia
SOMI
Price
$0.1104
2.29% /24h
Volume in 24h
$4.01M
Price 7d
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and SQD crypto, just two of the many tokens that spiked in price overnight.
What is SQD Crypto, and Why is it Up Over +200% in the Last Week?
SQD crypto is an innovative AI protocol that features a vast, scalable data lake filled with historical data from over 200 blockchains, making it an invaluable resource for developers. It functions as a decentralized query engine, enabling developers to retrieve and process blockchain data much more quickly and cost-effectively than traditional chain node RPCs.
The SQD infrastructure includes a flexible, open-source Software Development Kit (SDK) that allows developers to easily access and customize data from the network, integrating it into their decentralized applications (dApps) or AI projects.
The native SQD token rewards network participants, such as node operators, for their contributions. Additionally, token holders can take part in the governance of the network, influencing its future development and direction. The token is also used to increase data consumption limits for users, providing broader access to the network’s data lake.
Part of the fuel for SQD crypto’s +200% move over the past week is due to the team’s appearance at Token 2049, where they attended a networking event that culminated in the announcement of a €15M strategic investment to further the project’s development.
🚀 $SQD isn't playing around: Up 85%+ in 24 hours. New gem in town?
A decentralized data player with serious adoption. The technical move was explosive, but the real story is in the validation:
> Deutsche Telekom is running nodes.
> 30.6% supply locked in staking.
> €15M raise… pic.twitter.com/GREga6FvTQ— Thesis.io (@thesis_io) October 1, 2025
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Trio of Catalysts in 2025 Has Fuelled the Big Move for SQD: $1 Soon?
Since June 2025, the SQD team has received a Coinbase Exchange listing, Google Cloud integration, and also announced a partnership with Deutsche Telekom that will see the German telecom giant run dedicated worker nodes as part of Subsquid’s decentralized “data lake.”
It is quickly cementing itself as a blue-chip project within the AI crypto space, thanks to its flurry of institutional partnerships and availability on some of the world’s largest crypto exchanges.
SQD crypto, surging +55% overnight, has led to it trading for $0.21, just 33% away from its all-time high of $0.2848, according to CoinGecko data.
The current price action exhibits a classic breakout and pullback structure. Key levels for SQD crypto are $0.24, and if it breaks above that level, it confirms continuation toward $0.33-$0.39 targets.
There is strong support at $0.143, and a loss of that level would likely see it fall toward $0.11, which becomes the next support level. The descending wedge pattern on the 4-hour timeframe suggests a potential +380% move in bullish price action, resulting in a breakout of the descending wedge.
BONUS: Bitcoin Hyper (HYPER) Closes in on $20M ICO Funding – Is This the Next 100x Crypto Presale?
Bitcoin Hyper (HYPER) is quickly making its mark as the must-have token as we enter Q4 and the much-anticipated altcoin szn, bringing a much-needed Layer-2 solution to Bitcoin’s core base layer.
HYPER continues to dominate the crypto presale space, having secured $19.5M overnight and edging ever closer to the coveted $20M milestone. The hype and demand surrounding this Bitcoin Layer-2 project are undoubtedly attracting attention from the largest exchanges, including Coinbase and Binance.
HYPER effectively leverages the Solana Virtual Machine (SVM) for its Layer-2 protocol. By integrating its L2 infrastructure with Bitcoin, HYPER can benefit from Solana’s low fees and high speeds.
Bitcoin Hyper is developing its Layer-2 infrastructure using innovative roll-up technology. The team recently announced its plan to fully integrate the SVM as the execution layer for HYPER, alongside the use of rollups. This integration will enable fast transactions, low fees, and real-time execution, all while maintaining the reliability of Bitcoin’s core base layer.
For the latest updates on all things HYPER, join the community on Telegram and X, and to learn more, visit the Bitcoin Hyper website.
Visit HYPER HereEXPLORE: 10 Best AI Crypto Coins to Invest in 2026
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