Serum is both protocol and ecosystem which is bringing higher speed and lower transaction price to DeFi. This developed on Solana project was launched on the last day of August 2020.
Here’s what Serum provides its users with:
Serum Core
Real extensibility
Services and ecosystem made for devs
SRM token
Solana Speeds and Costs
SRM is the native coin of the project. By holding it in their wallet owners can get a discount on fees.
SRM Statistics
Coin Name | Serum |
Coin Symbol | SRM |
USD Price | $0.01315 |
Market Cap | $3.46 million |
24h Volume | $342.57K |
Total Supply | 1,092,844,982 SRM |
Serum Roadmap
The Serum project roadmap is available on their official website. It has 3 phases, the 1st one concerning Serum tokens and on-chain DEX, the 2nd phase includes building Solana cross-chain bridge, the creation of a wallet and GUI ecosystem, and other steps the team has already completed. You can take a look at the current phase now:
It is obvious that this stage contains significant points which could improve the project. However, there is no information if it’s planned for one year or more.
Crypto community about SRM
The community of Serum looks supportive yet softly criticizing. We can observe many messages on the official Telegram chat saying Serum is one of the best projects and it has a great future:
Some of them discuss SRM and express their love:
However, some members want to share their skepticism with others:
All in all, the general mood is quite positive and we can conclude that Serum has an optimistic community wanting the project to improve.
SRM Price Prediction
Let's see what crypto experts think.
SRM Price Prediction 2025
If you check Tradingbeasts.com, you will be able to see the prognoses till 2025 and the last average price predicted is $2.40. Digitalcoinprice.com does not agree with this prediction and offers the lesser amount of $1.93 for 2025. Also, according to the website, the price could go up to $5.27 by 2031, so this means that the value of SRM will smoothly increase as the years pass by.
SRM Price Prediction 2030
SwapSpace predicts that by 2030, this crypto asset’s price could be close to $0.03432159 on average.
Digitalcoinprice experts expect that SRM will cost around $0.24.
SRM Historical Price Analysis
All-Time High (Sep 11, 2021): $13.72
All-Time Low (Aug 11, 2020): $0.11
As it is stated on Coinmarketcap, the SRM price started from $1.69, and continued to grow since the time it was first listed on crypto exchange. We can notice the upward movement during the period of January till May 2021, then the price dropped down until July 2021 and then we observed a new upward trend of SRM. Back then, the token has reached its all-time high price of $13.72:
Nowadays the price is lower than usual, but some analysts predict that the upward movement will begin soon. According to Twitter, users who buy, hold the token and expect a big pump. Anyway, we will see what happens to this token and keep you updated on any news.
Serum is an interesting project which gives a chance to global mass adoption of decentralized finance. That’s the core aim stated by the team, and they have all the chances to become even more popular.
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
