$SXT is trading around $0.021, showing minor recovery after hitting an all-time low of $0.019 earlier this month.
Market Performance: The token has faced significant pressure, down approximately 85% from its May 2025 high of $0.16.
Technical Outlook: Indicators are currently bearish to neutral, with the 200-day moving average trending downward since mid-January.
Institutional Backing: Long-term confidence remains anchored by Microsoft (M12) and the Grayscale Space and Time Trust, which targets enterprise data usage.
Recent Utility: Ecosystem growth is driven by Proof of SQL adoption, recently expanding into student credential verification for 50,000+ users in Indonesia.
Upcoming Event: A significant token unlock of 362 million SXT (approx. 12.8% of supply) is scheduled for May 8, 2026, which may impact price stability.
Exchange Access: Liquidity is maintained through major listings on Binance, Coinbase, and Bybit, with a current 24h trading volume near $5 million.
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