Rezolve Ai Purchases Subsquid: Establishing the Data and Payment Infrastructure for the AI Economy (9 Oct)
Rezolve Ai Acquires Subsquid: Rezolve Ai has announced the acquisition of Subsquid, a decentralized blockchain data platform, aiming to integrate blockchain data science with digital-asset payment systems to enhance intelligent commerce infrastructure.
Enhancing Agentic Commerce: The acquisition, alongside Rezolve's previous purchase of Smartpay, aims to create a comprehensive architecture for agentic commerce, combining data, payment rails, and AI intelligence to facilitate real-time transactions across decentralized networks.
Significant Data Capabilities: Subsquid operates one of the largest decentralized data networks, managing over 2.1 petabytes of blockchain data and supporting numerous blockchain projects, which will now enhance Rezolve's AI-driven commerce solutions.
Strategic Treasury Position: Rezolve plans to acquire SQD tokens annually, equivalent to at least 1% of its revenues, to build a strategic treasury that aligns with the growth of on-chain data and agentic commerce, emphasizing the importance of decentralized data infrastructure.
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Technical Analysis for SQD
Technical Sentiment Analysis for Subsquid (SQD) As of , Subsquid (SQD) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SQD stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SQD is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Subsquid (SQD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0162 | 0.0291 | 0.0409 | 0.0538 | 0.0655 | 0.0784 | 0.0902 |
| Fibonacci | 0.0291 | 0.0386 | 0.0444 | 0.0538 | 0.0632 | 0.069 | 0.0784 |
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