Key Notes
- The Microsoft-backed protocol delivers real-time verifiable data for smart contracts and AI applications through decentralized infrastructure.
- SXT token broke above its descending channel pattern with RSI reaching overbought levels near $0.0752.
- Grayscale's trust provides regulated access for accredited investors to participate in Web3's data infrastructure evolution.
Grayscale has launched a new investment trust targeting Space and Time’s SXT token, bringing decentralized data compute into the spotlight as AI and blockchain converge.
The launch marks a notable shift in digital infrastructure investments, bringing together decentralized data compute and legacy financial access through a familiar single-asset trust structure.
Space and Time Targets Web3’s ‘Missing Link’
Space and Time, the Microsoft-backed protocol, is built to deliver real-time, verifiable data for smart contracts and artificial intelligence. Unlike legacy blockchains that struggle with high-speed computation, Space and Time acts like a decentralized data warehouse, syncing off-chain and on-chain inputs for apps that demand trusted data.
The SXT token powers the network by securing transactions and facilitating payment for data processing. Grayscale’s trust mirrors its single-asset format and is open to accredited investors looking for regulated access to the project.
Rayhaneh Sharif-Askary, Grayscale’s Head of Product, said verifiable data is “essential” as the digital economy enters its next era—one increasingly driven by smart agents and decentralized compute.
Introducing Grayscale Space and Time Trust $SXT 🪐 @SpaceAndTimeDB , backed by @M12vc and integrated with @Microsoft Fabric*, connects the power of decentralized blockchains with the speed and flexibility of traditional databases through:
🏢 Enterprise-Readiness: Backed by… pic.twitter.com/82lzzajjNy
— Grayscale (@Grayscale) June 24, 2025
SXT Breaks Out as Momentum Returns
SXTUSD price dynamics | Source: TradingView
On the 4-hour chart, SXT price has decisively broken above a descending parallel channel, with price trading near $0.0752 at the time of writing. The move follows a mid-range reclaim and breakout from upper channel resistance.
RSI has risen to 70.49, indicating strong buying interest and entry into overbought territory. The 14-period RSI average at 49.06 confirms a bullish divergence. If the $0.073–$0.075 zone flips into support on a retest, continuation toward $0.095–$0.10 could follow. That level aligns with a historical supply zone.
However, a failure to hold above $0.073 might trigger a pullback toward the lower band of the former channel.
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