Subsquid vs Walrus — how do they compare? Subsquid trades at Rp551.11 (market cap Rp548,11M, Rp74,97M 24h volume), while Walrus trades at Rp563.93 (market cap Rp1,37T, Rp58,87M 24h volume). The key difference: Walrus is far larger — about 2499.5× Subsquid's market cap, and Subsquid's circulating supply is 1B / 1,3B SQD (76%) versus 2,5B / 5B WAL (50%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Subsquid for 8 Days and Walrus for 22 Days on average.
| SQD | WAL | |
|---|---|---|
Market Cap | Rp548,11M | Rp1,37T |
Volume (24h) | Rp74,97M | Rp58,87M |
Circulating Supply | 1B / 1,3B SQD (76%) | 2,5B / 5B WAL (50%) |
Typical Hold Time | 8 Days | 22 Days |
Signals from Pluang's Aura AI — not financial advice
Subsquid (SQD) is currently trading at Rp547.62 with a market cap of Rp554.02M, exhibiting a bearish technical signal driven by moving averages. The token's circulating supply is 1M out of a max 1.3M, with a 76% circulation rate and average hold time of 8 days. No major protocol updates or ecosystem developments were noted recently.
Overall outlook remains cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential network growth, while risks involve low liquidity and high volatility. Investors should monitor for any ecosystem developments to gauge long-term viability.
Walrus (WAL) is currently trading at Rp560.53 with a market cap of Rp1.38 trillion, showing a bearish technical signal as indicated by moving averages. The token has a circulating supply of 2.5 million out of a maximum 5 million, with a 50% circulation rate and average hold time of 22 days. Recent trading activity reflects neutral oscillator signals and key support at Rp529.
Overall outlook remains cautious due to bearish technical indicators and limited fundamental updates. Key opportunities include potential growth from increased adoption, while major risks involve high volatility and regulatory uncertainty. Investors should monitor support levels and market sentiment closely.
What Pluang investors did over the last 30 days
Subsquid Network is a decentralized data lake and query engine designed to provide developers with fast, permissionless access to blockchain data. Its modular architecture, secured by zero-knowledge (ZK) proofs, enables scalable blockchain indexing, decentralized application (dApp) development, and robust analytics. Unlike rigid monolithic indexing frameworks that struggle to adapt in today's rapidly evolving blockchain environment, Subsquid offers a flexible, efficient, and decentralized alternative to centralized RPC and API providers. This approach paves the way for a more open, neutral, and developer-friendly Web3.
Read more on SQD →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →