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Serum Price Prediction 2022-2030: Is Serum a Good Investment?

serum price prediction

Undoubtedly, the crypto world is growing unpredictably, with several projects springing up now and then. Interests in new projects have continued to skyrocket as they offer investors more returns on investment. Serum is one such project that offers earning potential and significant use cases for now and the future.

Today’s Serum price is $2.36 USD with a 24-hour trading volume of $70,932,031 USD. We update our SRM to USD price in real-time. Serum is down 4.41% in the last 24 hours. The current CoinMarketCap ranking is #165, with a live market cap of $314,146,538 USD. It has a circulating supply of 133,231,781 SRM coins and a max. supply of 10,161,000,000 SRM coins.

This guide will examine the fundamentals of the Serum protocol, its native token, key features, historical price analysis, and developments. We will also delve into Serum price prediction for 2022 and beyond.

What is Serum?

Serum is a decentralized exchange (DEX) that provides decentralized financing with high speed and cheap transaction fees (DeFi).

Serum is the first and only high-performance DEX built on a completely on-chain central limit order book and matching engine. Ecosystem partners may use Serum’s on-chain order book to distribute liquidity and fuel their trading functionalities for institutional and retail customers.

Users and developers are constrained by high gas prices and delayed transactions due to the popularity of DeFi and the expansion of DEXes on Ethereum. Serum intends to address these conventional DeFi difficulties and centralization, inadequate capital efficiency, and liquidity segmentation.

The Serum token (SRM) offers its holders’ protocol governance privileges, staking incentives, trading fee reductions, and fee revenues.

This open-source project is backed by the Serum Foundation and co-founded by FTX CEO and Solana contributor Sam Bankman–Fried. The Serum protocol was launched in July 2020 and is poised to unveil trustless cross-chain trading.

The platform’s primary aim is to bring the convenience and speed of centralized crypto exchanges to Decentralized Finance(DeFi) space without compromising transparency and security. It is entirely permissionless, built on the high-performing Solana blockchain, and interoperable with the Ethereum blockchain

Serum Native Token

The governance token of the Serum protocol is $SRM, and it is built natively as an SPL token on the Solana mainnet, although with an ERC-20 version on the ETH blockchain. While most of the features of the Serum protocol are perceived as immutable, parameters like future fees may be subject to change via $SRM token governance votes.

$SRM has a maximum supply of 10 billion tokens, of which approximately 10% was circulated at launch. The circulating supply of $SRM is set to increase by 15% every year. In addition, 90% of the total SRM tokens are intended for long-term lock-ups or hold to ensure the longevity of the Serum project. They are locking up 1 million SRM tokens for users as MegaSerum (MSRM) tokens. 

$SRM can be used as network fees or staked to earn rewards. Serum (SRM) token holders can get up to 50% discount on trading fees, while MSRM holders can earn up to 60% discount. All trading fees from Serum’s Decentralized Exchange will be vested into the $SRM burn and buyback program.

The distribution of SRM is projected as follows:

  • 27% – Collaborator and Partner Fund
  • 20% – Advisors and Team
  • 27% – Incentive Fund for the Serum Ecosystem
  • 4% – Auction Purchasers and Locked Seed
  • 22% – Project Contributors

Serum Key Features

Project Serum will create a permissioned order book that will limit trading to parties that have passed know-your-customer (KYC) requirements, the developer known as JHL told Australian Blockchain Week on 23 March 2022.

So if a big institutional trading firm wants to get on Serum, but they’re concerned that they only want to trade against counterparties that have a certain level of compliance or KYC, they can trade on this permissioned order book

JHL

Unlike most Ethereum-based decentralized exchanges, Serum leverages the high performance of Solana to offer users a traditional order book. But users don’t trade directly on Serum – it’s just a contract that sits on the Solana blockchain.

Cross-Chain Swaps

The current DeFi landscape raises interoperability concerns, with users struggling to execute cross-chain token swaps. The Serum protocol offers cross-chain support, thereby securely facilitating decentralized, trustless, and efficient transactions between different chains. For instance, users can directly and seamlessly trade assets between Solana, BTC, and ERC-20. The chain interoperability feature of the Serum protocol also means that existing DeFi projects can access its features regardless of their base blockchain. Despite being built natively on Solana, Serum can be entirely usable from Ethereum.

Automated On-Chain Order Book

Serum offers an automated limit order book that grants users the ability to take control of their trading by specifying order prices sizes and choosing trade direction. The order books offered by the Serum protocol are implementable between tokens due to the project’s cross-chain support. Also, Serum’s on-chain order books are wholly programmatic and feature BTC and ETH order books. The Serum protocol supersedes other DEXs because it includes significant optimizations that facilitate cheaper and faster order matching, even between 3rd-party users.

SRM Token 

$SRM is the native token of the Serum protocol, and it can be staked to optimize the network’s performance.

Solana Integration

Compared to previous blockchains iterations, Solana is substantially faster and less expensive. Integrating Solana with Serum provides the latter with speed, lower costs, and a user experience similar to centralized exchanges while remaining non-custodial and trustless. Also, the Solana integration elevates Serum’s ETH interoperability.

Order books work out of the box, not just for spot markets but all these kinds of exotic derivatives as well. You don’t need to change the underlying mechanics needed for the order book to support these.”

Custom Contracts

The Serum protocol allows users to initiate custom crypto contracts and execute P2P leveraged trading on the fully decentralized and non-custodial Serum DEX assets. These contracts include cross-chain physically settled contracts. They can be tokenized and moved across the blockchain.

SerumBTC

The Serum ecosystem allows users to create a permissionless and truly decentralized BTC token on the Solana and Ethereum blockchain.

SerumUSD

SerumUSD is a decentralized stablecoin on the Serum protocol, and it offers a model for establishing a decentralized stablecoin with no failure point.

Serum Development 2022 and beyond

Serum has completed its phase 1&2 deployments, and phase 3 promises several features, collaborations, and integrations that could revolutionize the Solana-based protocol, giving it, even more use cases. Some of the developments expected in 2022 include:

  • Borrow/lending
  • Yield
  • More cross-chain bridges
  • Projects building on Serum
  • AMMs
  • Margin trading / contracts
  • Tokens and exchanges natively supporting SPL
  • Volume and TVL growth

With the completion of phase 3, Serum could gain massive adoption, and its native token may experience significant upsides.

Past Price Analysis of SERUM

Following the completion of the protocol’s phase one deployment, which included issuing both ERC-20 and SPL SRM tokens, listing on major crypto exchanges, and the roll-out of its on-chain DEX, $SRM kicked off on August 11, 2020, with an opening price of $0.1101 (current ATL) and a trading volume of $211,232,756. Over the coming days, SRM went on a bullish run and reached $3.78 on September 1, 2020. The uptrend reversed during the month, and by the end of October 2020, SRM had bottomed at $0.974. SRM closed out the year at $1.04, with a market cap of $52,001,293.

https://www.tradingview.com/x/JfK2VdNy/

At the turn of the new year, SRM trended with the cryptocurrency market boom of 2021 that saw mainstream assets like BTC and ETH attain new heights. On February 10, $SRM exceeded its previous high and attained a new high of $4.42. The bullish run continued for the next few months, and by May 03, 2021, SRM’s price had gained over 190% to reach $12.89. The bears soon took over, but the token regained momentum to attain its all-time high at $13.72 on September 11. Also, its 24-hour trading volume peaked at $2,347,324,861.

SRM ended 2021 with a significant price drop of over 73% after a massive selling spree. Trading volume also dipped to as low as $76,463,705. The token started in 2022 at $3.42, and its price range has been relatively stable, between $2 to $4.

Serum Technical Analysis

SRM has a Hidden Bullish Divergence at Support just on Daily and a Lower Low Double Bottom Spring of a potentially failed Double Top Pattern on the Weekly with Bullish Divergence; if it plays out, we could see a rally up to $12, and if it breaks all-time highs, it will reach $22-$24  per Serum base on Past Price Analysis

Serum Price Prediction 2022-2030: Is Serum a Good Investment? 1

According to the most recent statistics, the current price of Serum is $2.47, and SRM is now ranked #132 in the whole crypto community. Serum has a market capitalization of $328,777,248 and a circulating supply of 133,231,781.

The Serum’s price has increased by 1.56 percent in the previous 24 hours due to increased trading volume and market cap.

Serum is having difficulty gaining traction with other cryptocurrencies. The SRM has dropped to around -6.67 percent in the previous seven days. The currency has been demonstrating risky framing segments over the previous several days; the coin may have excellent fundamentals, but we do not believe it will be a successful asset in the near run.

However, when the current price is compared to the last 30 days’ price history, it is shown that Serum’s value has grown by 7.323 percent. The average monthly lowest price is $2.08, while the average monthly maximum price is $2.29. This means that this coin is a good asset and fresh addition to your long-term coin portfolio.

The 90-day price change is around -52.02 percent, with the price fluctuating between a minimum average price of $5.06 and a maximum average price of $5.29 in the last 90 days.

Serum is down -68.56 percent in the last four months, with the highest average price of the currency being around $7.14 and the lowest average price being around $6.52.

Serum Price Predictions 2022-2030

PricePredictions forecasted future Serum price predictions/SRM forecasts using deep artificial intelligence-assisted technical analysis of Serum price data from the past. We make every effort to gather as much historical data on the SRM coin as possible, including metrics such as previous price, Serum market cap, Serum volume, and a few more. If you want to invest in digital cryptocurrency and get a high return on your investment, read the following forecasts.

Serum Price Prediction 2022-2030: Is Serum a Good Investment? 2
Serum Price Prediction 2022-2030: Is Serum a Good Investment? 3

Serum Price Prediction 2022

According to our in-depth technical analysis of previous SRM price data, the price of Serum is expected to hit a low of $2.72 in 2022. With an average selling price of $2.80, the SRM price may reach a high of $3.29.

Serum Price Prediction 2023

In the 2023 Serum price forecast, the price of Serum is expected to fall to a low of $4.08. Throughout 2023, the Serum price may reach a high of $4.69, with an average of $4.19.

Serum Price Prediction 2024

According to the projection price and technical analysis, the price of Serum in 2024 is expected to be as low as $6.06. With an average selling price of $6.27, the SRM price may reach a high of $7.13.

Serum Price Prediction 2025

In 2025, the price of one Serum is predicted to fall to a minimum of $8.80. Throughout 2025, the SRM price may reach a high of $10.76, an average price of $9.11.

Serum Price Prediction 2026

Serum prices are expected to fall to $13.40 in 2026. According to our research, the SRM price might reach a high of $15.25, with an average expected price of $13.77.

Serum Price Prediction 2027

According to our in-depth technical analysis of previous SRM price data, the price of Serum in 2027 is expected to be around a minimum of $20.11. The Serum price may reach $23.25 in USD, with an average trading value of $20.80.

Serum Price Prediction 2028

In 2028, the price of Serum is expected to fall to a low of $28.03. Throughout 2028, the Serum price might reach a high of $34.59, with an average trading price of $29.07.

Serum Price Prediction 2029

According to forecasts and technical analysis, the price of Serum is anticipated to hit a low of $40.26 in 2029. The SRM price has a maximum price value of $48.80 and an average price value of $41.42.

Serum Price Prediction 2030

In 2030, the price of Serum is expected to fall to a low of $58.52. Throughout 2030, the Serum price might reach a high of $70.69, with an average trading price of $60.18.

Recap

Holding the Serum token (SRM) over an extended period could be an excellent investment, given the predictions, features, and enormous prospects of Serum. However, these forecasts are not always the most significant aspect of purchasing.

Various factors influence investment decisions, including fundamental analysis, technical analysis, and other market variables. Ultimately, it’s an excellent option to do your research and not rely solely on price forecasts to establish your opinion.

FAQs about Serum

How to buy a Serum token?

To purchase a Serum token, set up an account with any of the markets where SRM is currently listed, and complete KYC where necessary. 

Where to buy/sell Serum coins?

You can buy/sell $SRM on Binance, Upbit, FTX, OKX, Gate.io, and several other markets. Before trading $SRM on any exchange, ensure that you look out for trading volumes and available market pairs.

Is Serum a profitable investment?

There have been concerns among investors about the consistent downside in the value of SRM for the past months. However, based on the predictions and expert opinions, Serum could be a good investment in the long term. Regardless, investors must look for ups and downs, as price predictions are hypothetical.

What is SRM Coin Price Prediction in 2030?

Serum coins could reach a maximum price of $76.77 and a minimum of $58.52. Eventually, the price movements of SRM will vary with market fluctuations; investors should watch out.

What distinguishes Serum?

Unlike other decentralized exchanges that use the automated market-making model (AMM), such as Uniswap and Curve, Serum offers traders a little order book and matching engine. Traders are not confined to placing a market order but may also place orders at other prices, providing them an experience comparable to a centralized exchange. Any crypto project with a token may use Serum to jumpstart liquidity and provide a trading matching service.

Serum picked Solana as the platform to be built on rather than Ethereum. Solana is a high-speed blockchain that can scale up to over 50,000 transactions per second at 400ms block time, delivering the speed and finality required for an order book matching engine like Serum.

Serum’s ultimate objective is to recreate the competitive experience of a centralized exchange entirely on the blockchain.

Where can I buy and sell Serum?

Serum may be purchased on the WOO Network, FMFW.io, and HitBTC.

What is the highest price rise Serum can have?

By the end of this year, the average price of Serum (SRM) might reach $2.80. According to the five-year forecast, the coin would easily hit the $13.77 threshold.

What will the value of Serum be in 2030?

In terms of pricing, Serum has the potential to soar to new heights. It is expected that the value of SRM will rise. According to particular specialists and business professionals, Serum might reach $99.25 by 2030.

To purchase a Serum token, set up an account with any of the markets where SRM is currently listed, and complete KYC where necessary. 

Where to buy/sell Serum coins?

You can buy/sell $SRM on Binance, Upbit, FTX, OKX, Gate.io, and several other markets. Before trading $SRM on any exchange, ensure that you look out for trading volumes and available market pairs.

Is Serum a profitable investment?

There have been concerns among investors about the consistent downside in the value of SRM for the past months. However, based on the predictions and expert opinions, Serum could be a good investment in the long term. Regardless, investors must look for ups and downs, as price predictions are hypothetical.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend doing your research and consultation with a qualified professional before making any investment decisions.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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