

SubQuery Network (SQT) is an important asset in the cryptocurrency domain. As a blockchain data indexer, SubQuery Network provides fast, flexible, reliable, and decentralized APIs to power and build leading Web-3 applications across over 160 chains. As of December 31, 2025, SQT maintains a fully diluted valuation of approximately USD 3,286,302.40 with a circulating supply of around 993,713,034 tokens, trading at USD 0.0003283 per token. Since its launch in February 2024 at an initial price of USD 0.0095, SQT has experienced significant market fluctuations, reaching an all-time high of USD 0.045 in April 2024 while recently touching lows near USD 0.000326. Positioned as a critical infrastructure component for decentralized Web3 development, SQT has increasingly become a focal point in discussions regarding "Is SubQuery Network (SQT) a good investment?" This paper provides a comprehensive analysis of SQT's investment value, historical price trends, future price forecasts, and associated investment risks to offer guidance for investors.
All-Time High (ATH):
All-Time Low (ATL):
Long-Term Performance Metrics:
Real-Time Price Data:
Market Scale Metrics:
Token Supply Data:
Price Distribution Across Blockchains:
Current market data updated: December 31, 2025, 06:18:03 UTC
SubQuery Network operates as a blockchain data indexing protocol providing fast, flexible, reliable, and decentralized APIs across 160+ blockchain networks. The project enables developers to construct leading Web3 applications with efficient data infrastructure.
Primary Technical Function:
Project Infrastructure:
Current Market Standing:
Key Risk Indicators:
Fundamental Metrics for Analysis:
| Metric | Value | Assessment |
|---|---|---|
| Price Recovery Potential | From $0.000326 to $0.045 ATH | Long-term reversal scenario |
| Supply Inflation Risk | 90.06% of max supply not yet circulated | Significant future dilution risk |
| Liquidity Depth | $28,522 daily volume | Limited market depth |
| Developer Ecosystem | 160+ supported chains | Broad infrastructure adoption |
Market Sentiment Context: The project operates within decentralized infrastructure sector, which remains subject to regulatory developments, competitive pressures from alternative indexing solutions, and broader cryptocurrency market conditions.
Disclaimer: This report presents factual market data and project information only. The analysis is based on available data as of December 31, 2025. Past performance does not indicate future results. This document does not constitute investment advice, and readers should conduct independent research and consult qualified financial professionals before making investment decisions.

Report Date: December 31, 2025
Asset: SubQuery Network (SQT)
Current Price: $0.0003283
Market Capitalization: $326,235.99
SubQuery Network (SQT) is a blockchain data indexing protocol that provides decentralized APIs across over 160 blockchain networks. As of December 31, 2025, SQT is trading at $0.0003283, representing a significant decline from its all-time high of $0.045 recorded on April 5, 2024. The token currently ranks at position 3,632 by market capitalization with a fully diluted valuation of $3,286,302.40.
SubQuery Network operates with the following token structure:
The circulating supply represents approximately 9.94% of the maximum supply, indicating significant dilution potential as additional tokens enter circulation. This substantial reserve of unlocked tokens may present downward pressure on price discovery and long-term value appreciation.
SubQuery Network functions as a blockchain data indexer providing:
The protocol's ability to service multiple blockchain ecosystems positions it as foundational infrastructure for Web3 development. However, ecosystem expansion and adoption metrics were not comprehensively detailed in available data sources.
According to available information, SubQuery initiated a $60 million rewards program in July 2025 to compensate developers for network usage through SQT token distribution. The effectiveness of this program in driving sustainable network adoption and token demand remains subject to market conditions and program execution.
| Time Period | Change Percentage | Price Change |
|---|---|---|
| 1 Hour | +0.54% | +$0.000001763 |
| 24 Hours | -0.63% | -$0.000002081 |
| 7 Days | -10.44% | -$0.000038270 |
| 30 Days | -25.50% | -$0.000112371 |
| 1 Year | -93.67% | -$0.004858114 |
Price Range (24 Hours):
The token has experienced substantial depreciation over a 12-month period, declining 93.67% year-over-year. The recent achievement of an all-time low suggests sustained selling pressure and weak market sentiment.
The relatively low trading volume and modest holder base indicate limited market liquidity and restricted access to the asset across trading venues.
The minimal market dominance reflects SQT's position as a small-cap asset with limited influence on broader cryptocurrency market dynamics.
SubQuery Network operates on multiple blockchain networks:
| Network | Contract Address |
|---|---|
| Ethereum | 0x09395a2A58DB45db0da254c7EAa5AC469D8bDc85 |
| Base | 0x858c50C3AF1913b0E849aFDB74617388a1a5340d |
The multi-chain deployment supports protocol interoperability and provides access across different blockchain ecosystems.
SubQuery Network is described as an innovative Web3 infrastructure solution that enables builders to decentralize future applications. The protocol operates as a blockchain data indexer offering:
Official Resources:
SQT has experienced extreme volatility, with a 99.27% decline from its all-time high. The recent establishment of an all-time low suggests continued market weakness and potential further downside risk.
Limited 24-hour trading volume ($28,522.17) and modest holder distribution (4,099 addresses) indicate constrained market liquidity, which may result in significant price slippage during larger transactions.
With only 9.94% of maximum supply in circulation, substantial future token unlocks represent potential selling pressure and dilution risk for existing holders.
The minimal market dominance (0.00010%) and rank positioning (#3,632) indicate SQT remains a highly speculative micro-cap asset with limited institutional adoption or mainstream recognition.
SubQuery Network presents a highly speculative investment profile characterized by significant price depreciation, limited market liquidity, and substantial supply-side dilution risks. While the protocol addresses a genuine infrastructure need in Web3 ecosystems through blockchain data indexing services, the current market valuation and technical indicators suggest heightened caution for prospective investors.
The token's 93.67% year-over-year decline and recent all-time low establish an unfavorable technical backdrop. The developer rewards program and multi-chain deployment demonstrate ongoing ecosystem development efforts; however, these initiatives have not translated into price appreciation or increased market adoption metrics.
Data as of: December 31, 2025, 06:18:03 UTC
Market Phase Expectations: SubQuery Network is positioned as a blockchain data indexing infrastructure provider serving over 160 chains. The project is navigating a period of market consolidation with significant price volatility compared to its historical highs, presenting both recovery opportunities and downside risks.
Investment Return Forecast:
Key Catalysts: Adoption growth across supported blockchain networks, ecosystem development of Web3 applications utilizing SubQuery's infrastructure, market sentiment recovery in the broader crypto market, and advancement in decentralized infrastructure solutions.
For detailed SQT long-term investment and price predictions, visit: Price Prediction
Disclaimer: This analysis is based on historical data and market models. Past performance does not guarantee future results. Crypto assets are highly volatile. This content is for informational purposes only and should not be construed as investment advice. Investors should conduct their own research and consult with financial professionals before making investment decisions.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.000479318 | 0.0003283 | 0.000233093 | 0 |
| 2026 | 0.00055321833 | 0.000403809 | 0.00028670439 | 23 |
| 2027 | 0.0006316380378 | 0.000478513665 | 0.0004019514786 | 46 |
| 2028 | 0.000605032678026 | 0.0005550758514 | 0.000477365232204 | 69 |
| 2029 | 0.000858480311775 | 0.000580054264713 | 0.000475644497064 | 77 |
| 2030 | 0.000748037979773 | 0.000719267288244 | 0.0005322577933 | 119 |
SubQuery Network is a blockchain data indexing infrastructure project that provides decentralized APIs for Web3 applications. The token SQT operates on the ERC20 standard and is deployed across multiple blockchain networks.
| Metric | Value |
|---|---|
| Current Price | $0.0003283 |
| Market Cap | $326,235.99 |
| Fully Diluted Valuation | $3,286,302.40 |
| Circulating Supply | 993,713,034 SQT |
| Total Supply | 10,010,059,082 SQT |
| 24H Trading Volume | $28,522.17 |
| Market Rank | #3632 |
| Token Holders | 4,099 |
| Last Updated | December 31, 2025 |
SubQuery Network is innovating Web3 infrastructure with tools that empower builders to decentralize the future. It functions as a blockchain data indexer providing fast, flexible, reliable, and decentralized APIs that power and build leading Web3 applications across over 160 blockchain networks.
| Time Period | Change % | Price Movement |
|---|---|---|
| 1 Hour | +0.54% | +$0.000001763 |
| 24 Hours | -0.63% | -$0.000002081 |
| 7 Days | -10.44% | -$0.000038270 |
| 30 Days | -25.50% | -$0.000112371 |
| 1 Year | -93.67% | -$0.004858114 |
SQT maintains a market dominance of 0.00010%, indicating minimal influence on the overall cryptocurrency market. The project has a limited exchange presence with deployment on Ethereum and Base blockchains.
The significant difference between circulating and total supply indicates substantial future token inflation potential as remaining tokens enter circulation.
| Network | Contract Address | Explorer |
|---|---|---|
| Ethereum (ETH) | 0x09395a2A58DB45db0da254c7EAa5AC469D8bDc85 | Etherscan |
| Base (BASEEVM) | 0x858c50C3AF1913b0E849aFDB74617388a1a5340d | Basescan |
Long-term Holding (HODL SQT): Suitable for investors with conviction in SubQuery's infrastructure thesis and willingness to endure significant price volatility. This approach assumes eventual network adoption growth justifies current valuations.
Active Trading: Dependent on technical analysis and identifying support/resistance levels. The extreme price volatility (93.67% decline year-over-year) creates both opportunities and risks for traders.
Asset Allocation Guidelines:
Risk Mitigation Strategies:
Security Storage Recommendations:
SubQuery Network addresses a critical infrastructure need in the Web3 ecosystem by providing decentralized indexing services. However, the token presents significant challenges: a 93.67% annual price decline, extreme volatility, substantial unreleased token supply (90.06%), and minimal trading liquidity. The project's long-term potential depends on achieving substantial network adoption and developer ecosystem growth.
✅ Beginners:
✅ Experienced Investors:
✅ Institutional Investors:
⚠️ Important Disclaimer: Cryptocurrency investments carry significant risk including total capital loss. SubQuery Network demonstrates extreme volatility and liquidity challenges. This analysis is provided for informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell. Investors must conduct independent research and consult qualified financial advisors before making investment decisions.
Report Date: December 31, 2025
Data Source: Market data as of 06:18:03 UTC
Official Resources: SubQuery Network Website | Documentation
Answer: SubQuery Network is a blockchain data indexing infrastructure protocol that provides fast, flexible, reliable, and decentralized APIs across over 160 blockchain networks. It solves the critical infrastructure challenge for Web3 developers by enabling efficient access to blockchain data without relying on centralized service providers. SubQuery functions as a foundational layer for Web3 applications, allowing developers to query and index blockchain data quickly and reliably across multiple chains.
Answer: As of December 31, 2025, SQT is trading at $0.0003283 USD with a circulating market capitalization of $326,235.99. The fully diluted valuation stands at $3,286,302.40. SQT ranks #3,632 among tracked cryptocurrencies with a market dominance of 0.00010%. The 24-hour trading volume is $28,522.17, reflecting limited liquidity in the market.
Answer: SubQuery Network presents several significant risks for investors: (1) Extreme price volatility with a 93.67% decline over the past year and 99.27% decline from its all-time high of $0.045; (2) Supply dilution risk, as only 9.94% of the maximum token supply is currently circulating, with 90.06% remaining to be released; (3) Limited market liquidity reflected by low 24-hour trading volume and only 4,099 token holders; (4) Competitive pressures from alternative indexing solutions; (5) Regulatory uncertainties across multiple blockchain networks where SQT operates.
Answer: According to market analysis models: For 2026, predictions range from $0.000287 to $0.000553. For 2027, forecasts suggest $0.000402 to $0.000632. By 2030, base case scenarios project $0.000477 to $0.000748, optimistic scenarios estimate $0.000858 to $0.001200, and transformative scenarios could reach $0.001200 or above. These predictions assume steady ecosystem adoption and favorable market conditions. Past performance does not guarantee future results, and investors should treat these forecasts with appropriate caution.
Answer: SubQuery Network has a circulating supply of 993,713,034 SQT (9.94% of total supply) and a maximum supply cap of 10,000,000,000 SQT. Total supply currently stands at 10,010,059,082 SQT. This means approximately 9,016,346,048 tokens remain unlocked and available for future distribution. The substantial gap between circulating and maximum supply represents significant dilution potential as additional tokens enter circulation, which could create sustained downward pressure on token price.
Answer: SubQuery Network is deployed across multiple blockchain networks. The primary contract addresses are: (1) Ethereum (ETH): 0x09395a2A58DB45db0da254c7EAa5AC469D8bDc85, and (2) Base (BASEEVM): 0x858c50C3AF1913b0E849aFDB74617388a1a5340d. SQT is available for trading on the Gate exchange. However, limited exchange listings and low trading volume indicate restricted market access and liquidity constraints for prospective investors.
Answer: SubQuery Network is not recommended as a primary investment for beginner investors due to extreme volatility, limited liquidity, and substantial unreleased token supply. Beginners interested in this asset should: (1) Allocate only 0.5-1% of their cryptocurrency portfolio to SQT; (2) Implement dollar-cost averaging strategies to mitigate entry point risk; (3) Use hardware wallets for security; (4) Focus first on understanding blockchain indexing infrastructure fundamentals. Risk tolerance and investment horizon should be carefully assessed before allocating capital to this highly speculative micro-cap asset.
Answer: Potential positive catalysts for SQT include: (1) Accelerated adoption of SubQuery's indexing infrastructure across the 160+ supported blockchain networks; (2) Growth in Web3 application ecosystem development utilizing SubQuery's APIs; (3) Successful execution of the $60 million developer rewards program launched in July 2025 to incentivize network usage; (4) Recovery in broader cryptocurrency market sentiment and infrastructure sector valuations; (5) Enterprise adoption of decentralized indexing services; (6) Technological innovations improving protocol efficiency and scalability. However, materialization of these catalysts remains uncertain and subject to market dynamics beyond the project's control.
Disclaimer: This FAQ content is provided for informational purposes only and does not constitute investment advice, financial advice, or a recommendation to purchase or sell SubQuery Network (SQT). Cryptocurrency investments carry substantial risk, including potential total loss of capital. Past performance does not indicate future results. Readers must conduct independent research and consult qualified financial professionals before making investment decisions. Data current as of December 31, 2025.











