Based on the Solana blockchain, Serum, a decentralized exchange, struggles to come back after the 2022 LUNA incident. While the de-pegging from the UST stablecoin crashed the LUNA, followed by the entire crypto market, the bulls are back in 2024.
Will the returning bulls propel the SRM price back to its pre-LUNA incident levels? Are you interested in the future of SRM price? Look no further, as this article will answer all of your questions. Let’s dive into the Serum coin Price Prediction for 2024 and the years to come!
Cryptocurrency | Serum |
Token | SRM |
Price | $ 0.01396917 |
Market cap | $ 3,677,308.3258 |
Circulating Supply | 263,244,669.00 |
Trading Volume | $ 282,103.4103 |
All-time high | $13.72 on 11th September 2021 |
All-time low | $0.0292 on 20th October 2023 |
24 High | Coming soon |
24 Low | Coming Soon |
*The statistics are from press time.
Over the last 30 days, the SRM price has increased by ~6% as it reaches the end of hibernation. With the crypto market ready for the next bull run, the Serum price teases a comeback as it challenges the $0.030 psychological mark.
If the downtrend in the SRM price continues, the SRM price can drop to the $0.025 support level in October. However, the breakout rally will result in a price jump to the $0.050 mark by the end of the Uptober rally.
Month | Potential Low ($) | Average Price ($) | Potential High ($) |
October | 0.025 | 0.0375 | 0.050 |
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 $0.106.
In contrast, if SRM fails to meet its commitments, its value could plummet to as low as $0.040. If restrained by a constant positive momentum, the average price might claim a title of $0.078.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.040 | 0.078 | 0.106 |
With a focus on solving issues in the CeFi and DeFi, Serum takes a move forward against insufficient capital management and liquidity fragmentation. As a real-world problem solver, the uptrend can shoot the SRM price up to $0.18.
Conversely, the value might drop to $0.095, with an average price of $0.137.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 0.095 | 0.137 | 0.18 |
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.13 | 0.20 | 0.27 |
2027 | 0.18 | 0.27 | 0.36 |
2028 | 0.25 | 0.36 | 0.47 |
2029 | 0.33 | 0.46 | 0.60 |
2030 | 0.42 | 0.58 | 0.74 |
According to our analysts, SRM coin price prediction for the year 2026 could range between $0.13 to $0.27 and the average price of Serum could be around $0.20.
According to our analysts, the Serum price for the year 2027 could range between $0.18 to $0.36 and the average price of SRM could be around $40.27.
According to our analysts, SRM crypto prediction for the year 2028 could range between $0.25 to $0.47 and the average Serum coin price could be around $0.36.
According to our analysts, Serum’s forecast for the year 2029 could range between $0.33 to $0.60 and the average SRM coin price could be around $0.46.
According to our analysts, SRM predictions for the year 2030 could range between $10.42 to $0.74 and the average Serum price could be around $0.58.
Firm Name | 2024 | 2025 |
Trading Beasts | 0.51 | 0.59 |
DigitalCoinPrice | 057 | 0.70 |
PricePrediction.net | 0.44 | 0.65 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
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 $0.106 by the end of 2024.
The value may turn into a bearish loop and fall to $0.040 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 2024, the average cost could be at $0.078.
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.040 | 0.078 | 0.106 |
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.
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.
For the Long-term, serum can be a wise investment. Investors must still watch for ups and downs, though, as price projections are speculative.
According to our SRM price prediction, the digital asset could surge as high as $0.106 by the end of 2024.
The maximum supply of Serum tokens counts at 10,161,000,000, of which presently, 263,244,669.00 SRM are in circulation.
The altcoin’s price might surge as high as $0.18 by the annual trade closure of 2025. With a potential surge, the price may go as high as $0.74 by the end of 2030.
The digital asset is available for trade across prominent cryptocurrency exchange platforms such as Binance, OKX, and Bybit amongst others.
At the time of writing, the price of 1 SRM token was $0.04112.
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