The post Serum (SRM) Price Prediction 2022, 2023, 2024, 2025: Is SRM A Good Investment? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

T he blockchain industry is expanding unpredictably, with new projects surfacing regularly. As they provide users with greater returns on their investments, the impact of modern projects has continued to soar.



One such initiative with substantial use cases for the present and the future as well as with earning potential is Serum (SRM). Besides, Serum is both an ecosystem and a protocol that improves DeFi’s efficiency and transaction costs. 



Do you already own SRM or would you like to? Are you interested in the future of virtual currency? Look no further, as this article will answer all of your questions. Let’s straight dive into the Serum price projection for 2022 and the years to come!



Overview



Cryptocurrency Serum Token SRM Price $1.01 Market Cap $265,143,890 Circulating Supply 263,244,669.00 SRM Trading volume $86,569,692 All-time high $13.72 (September 11th, 2021) All-time low $0.11 (Aug 11th, 2020)



*The statistics are from press time. 



Serum (SRM) Price Prediction



Year Potential Low Average Price Potential high 2022 $1.130 $1.373 $1.671 2023 $1.394 $1.837 $2.476 2024 $2.110 $2.702 $4.037 2025 $3.219 $4.207 $6.031



SRM Price Prediction For 2022



SRM landed in 2022 continuing its downward trend from the year before. At the start of the year, Serum was valued at $3.521 . Which quickly plummeted over the week to $2.677 . Failing to recover the price slipped down to reach $1 in February. 



While the numbers did recover to $3.174 by March 24th. But by the 6th of April, the price fell back to $2.77 levels. By the 1st of May, the altcoin had further lost momentum and was approaching the $1.281 level.  



Furthermore, unrest in the industry hauled the price down to $0.9215 by the 11th of June. Like the majority of the altcoins in the market, SRM experienced a strenuous second quarter. All over, the digital asset did not seem to rally up and was trading at $1.01 at the time of writing. 



Serum Price Prediction For Q3



The implementations of Serum’s phases 1 and 2 are already accomplished. And phase 3 holds up the potential for several features, partnerships, and upgrades that could completely transform the Solana-based network. That being said, its maximum price could leg up to $1.263, by the end of the quarter.



On contrary, if the updates don’t come through as anticipated, the value might be slashed to $0.921 . However, a linear momentum might bring the cost down to an average of $1.057 .



SRM Price Forecast For Q4



Serum could receive huge traction after phase 3 is completed, and its native coin could SRM benefit significantly. The third phase contains a number of significant upgrades, such as yield, cross-chain bridges, and margin trading. If the upgrades turn out to be fruitful the coin might land at the highest price of $1.671 . 



On either hand, unfavourable criticism and a potential downward trend can cause the prices to come down to $1.130 . Successively, the average price may reach $1.373, when the bullish and bearish targets are taken into account.



Serum Price Forecast For 2023



Interoperability issues arise in the existing DeFi environment because users find it difficult to carry out cross-chain token swaps. To securely enable decentralized, reliable, and effective transfers between several networks, the Serum protocol provides cross-chain compatibility. This could peak the token’s price at $2.476 .



On the other hand, if regulatory standards change. The virtual currency may experience a rise in liquidations. culminating in a minimum price of $1.394 for the year. Eventually, a balance between the pressures of buying and selling could take the cost to $1.837 .



SRM Price Forecast For 2024



Solana is significantly cheaper and faster. Serum benefits in speed, cheaper prices, and a consumer experience akin to centralized exchanges through the integration of Solana while being non-custodial and reliable. This will continuously improve Serum’s ETH compatibility which might land its price at $4.037.



In contrast, if ATOM fails to meet its commitments, its value could plummet to as low as $2.110 . If restrained by a constant positive momentum, the average price might claim a title of $2.702 .



Serum (SRM) Price Prediction For 2025



Serum aims to overcome the standard centralization and DeFi issues, such as insufficient capital management and liquidity fragmentation. Moreover, the SRM coin grants its owners access to protocol administration, staking rewards, trading fee exemptions, and transaction fees. This might help shoot its price up to $6.031 .



Conversely, the value might drop to $3.219, if the platform loses momentum due to burgeoning competitors and a loss of interest. The average price may reach $4.207 if the bullish and bearish targets are taken into account.



What Does The Market Say?



Trading Beasts



As per the SRM price prediction forecasted by Trading Beasts, the digital token could surge as high as $1.305 by the year-end. Whilst a reversal in trends could knock the price down to $0.887 . That said, an equilibrium in trade practices could settle the price at $1.044 . Trading Beasts also forecasts the prediction for the long term. Accordingly, the maximum closing target for 2025 is set at $2.690 . 



Digital Coin Price



Digital Coin Price believes the altcoin could propel to a pricier target of $1.43 by the annual closure of 2022. The analysts from the firm have pinned the maximum closing targets for 2023 and 2025 at $1.60 and $2.18 respectively. 



Priceprediction.net



The analysis website holds the Serum price prediction for both the short term as well as for the long term. As per the forecast, the digital asset could surge to a maximum of $1.51 by the end of 2022. Successively, the altcoin is believed to propel to its pricier target of $4.84 by the annual trade closure of 2025. 



What Is Serum (SRM)?



Serum is a decentralized exchange (DEX) that offers fast transaction processing and low transaction costs for decentralized finance (DeFi). The System is the first and only on-chain central limit order book and matching engine-based elevated DEX. 



Serum’s on-chain order book may be used by partner companies to transfer liquidity and power their trading features for retail and corporate clients. In short the token grants, its owners access to protocol administration, staking rewards, trading fee exemptions, and transaction fees.



The product aims to offer centralized cryptocurrency exchanges’ velocity and simplicity to the DeFi sector while maintaining visibility and trust. Based on the powerful Solana blockchain and its ability to communicate with the Ethereum network, it is completely permissionless.



Fundamental Analysis



The Serum Foundation created Serum, a blockchain platform and permissionless DEX based on Solana. Sam Bankman-Fried, the CEO of the FTX exchange and a key player in the Solana industry, was a co-founder of the initiative.



Serum intends to enhance the position of DEXes by providing all the advantages of a centralized exchange to the DeFi environment. While the majority of Serum’s features are seen as being immutable, SRM governance decisions can change some characteristics, such as potential costs. The SRM coins are purchased and burned using the total costs.



SRM has two uses: it could be staked and used to pay fees. Owners of SRM receive a credit on all transaction charges of up to 50% as an outcome. Additionally, 90% of all SRM coins are designed for continuous storage or lock-up. This will guarantee that the main crew will be here for the long haul.



Our Serum Price Prediction



Serum is currently in its third stage of deployment, with modifications to combat the centralized exchange all scheduled. The borrowing and lending capability would be the next item on its agenda. Thanks to these mechanics, the community will be encouraged to contribute liquidity to the pool. That being said, its price could peak at $1.6 in 2022.



The value may turn into a bearish loop and fall to $1.1 if the network fails to carry out its strategy. Taking into account the pressure of daily trade as well as the aforementioned elements. By the conclusion of 2022, the average cost could be at $1.4.



Historical Price Sentiments



2020



The SRM currency was launched on the 11th of August with a base price of roughly $1.57 and a trading volume of just over $241 million. By the start of September, the coin’s value had tripled, attracting a lot more traders to this platform. With a trading volume of approximately $40 Million, the coin ended 2020 in a red zone as prices dropped all the way to $1.09 .



2021



The Serum coin reached a record high of $6.92 on February 24, 2021.  In the final hours of March, prices fell once again to $4.05 , along with a sharp decline in the coin’s trading volume. The SRM coin saw a trading volume of much more than $600 million and prices as high as $11.74 around May. By August 20th, the token had once again surged in price, with a value of $7.87 .  On September 13th, the coin reached its ATH, with a value of $12.52 . Following the ATH, the Serum token witnessed a sharp decline to $3.36 on the 21st of December.



FAQs



Q: Is Serum a profitable investment? A: For the Long-term, serum can be a wise investment. Investors must still watch for ups and downs, though, as price projections are speculative. Q: What will the maximum price of SRM be by the end of 2022? A: According to our SRM price prediction, the digital asset could surge as high as $1.671 by the end of 2022. Q: How high will Serum’s price go by the end of 2025? A: The altcoin’s price might surge as high as $6.031 by the annual trade closure of 2025. Q: What is the maximum supply of Serum tokens? A: The maximum supply of Serum tokens counts at 10,161,000,000 , of which presently 263,244,669.00 SRM are in circulation. Q: Where can I buy SRM? A: The digital asset is available for trade across prominent cryptocurrency exchange platforms such as Binance, OKX, and Bybit amongst others.