Curve Price Prediction: Will Curve Rise In Value?

Last Updated February 4th 2022

15 Min Read

We can't know for sure whether the value of Curve will rise in the future or not. The coin has already proved to be very volatile, which makes it hard to map out its future trajectory.

If you have been following Curve, then you know that it had one of the most dramatic launches ever. When Curve launched its utility and governance token, CRV, it started at a high price of more than $60 then crashed the next day to as low as $6.9.

Since then, Curve has never gone beyond $6 per coin. This has left many investors wondering whether the price will rise again or remain low. The people who bought CRV at its launch price with the intention of holding for the long-term have clearly suffered a seemingly irreversible loss.

Judging from the current trend and expert prediction, it will be very hard for CRV to go back to above $60, even in the next decade. So, what should we expect? How far can Curve value rise in the next five or ten years? Is it still a profitable asset?

We will try and answer these questions by looking at some price predictions from experts. We will also discuss whether Curve is still a worthy investment or you should consider alternatives.

Let's start with the basics.

Content

What Is Curve?
Curve Price History
CRV Price Prediction For 2022 And 2023
CRV Price Prediction For 2024 And 2025
CRV Price Prediction For 2026 And Beyond
Factors That Will Affect The Price Of Curve In The Future
The Future Of Curve: Will The Value Of CRV Rise?
Conclusion: Is Curve A Good Investment?

What Is Curve?

Curve is a decentralized exchange just like Uniswap. However, unlike Uniswap, it deals only with stablecoins. These are collateralized digital assets, redeemed for a fiat currency at their face value.

Stablecoins are pegged to the US dollar, so they have very little volatility compared to most cryptocurrencies. So, by focusing on only stablecoins, Curve manages to reduce volatility, thus reducing the risks of losing your investment. The protocol instead focuses on stability and composability.

Transactions on Curve are usually automatic and permissionless. Thanks to the use of an Automated Market Maker (AMM) protocol. The protocol eliminates the use of order books like in centralized exchanges where the buyer and seller have to interact directly.

Instead, AMM takes advantage of liquidity pools to automatically match buyers with available sellers, thus creating a decentralized market for cryptocurrencies.

The protocol manages liquidity pools using smart contracts, which guarantee security, privacy, transparency and price stability. This reduces volatility, thus making it less risky to invest in these stablecoins since you won't be affected by rapid price fluctuations

The Curve protocol runs on the Ethereum blockchain and has its own native token known as the Curve DAO Token (CRV). This is a utility and governance token. It is used to govern the protocol and earn interest through yield farming.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Curve Price History

Curve had quite an inventful start in the market. Although the coin has only been in the market for slightly more than a year, it has already caused noticeable ripples making it a favourite target for investors.

Unlike most cryptocurrencies that start trading at humbling low prices, Curve started from the top and traded downwards. When the coin was launched, it was going for more than $60 per coin.

According to CoinMarketCap, Curve achieved its all-time high price of $60.50 on August 14, 2020. That was its first day on the market.

Unfortunately, the coin could not maintain this parabolic jump in price. The following day, it crashed down to earth and bottomed out at around $6.9. According to historical data and information, a number of things might have contributed to Curve’s high price on its first day of trading.

However, the biggest factor could be that it was added to a few major exchanges such as Binance and Poloniex within a few minutes of launching. This exposed the asset to a wider base of investors who jumped on the opportunity to cash in on a new cryptocurrency.

But the excitement died on that first day. CRV has been mostly struggling below $5, and most investors can only dream of it going back to $60. After hitting $6.9 and losing more than 88% of its value in a day, CRV kept tumbling, and by August 23rd, 2020, it was down to $2.7.

It then rose again and hit $5.4 on September 1st, 2020, and that was the last time this asset traded above $5 per coin. From there, it dropped down to $1.9 five days later.

On October 25th, 2020, Curve bottomed out at its all-time low price of $0.3316.

Since then, CRV has had a turbulent ride, with its price rising and falling unexpectedly. The asset kicked off 2021 at $0.6224 then went as high as $3.555 on February 11th, 2021. However, as most coins were thriving in a market-wide bull run, Curve still struggled and mostly stayed below $4 per coin until mid-April when it hit $4.05

By May 23rd, it had again dipped to $1.3 then it went back to $2.7 on June 4th before dropping back to $1.399 on June 22nd, 2021.

From there, Curve traded mostly below $2 until mid-August, where it began another steady but slow rise. By mid-September, it crossed $3 then dropped back to $2.2 a week later.

One of CRV’s biggest rises recently happened between October 21st and 25th 2021, when the coin rose from $2.9 to $4.9, a more than 68% gain in just five days. Curve wasn't spared from the overall bearish market sentiment and is now trading below $4, with a market cap of $1.4 billion.

Read Also: Why Curve Is Going To Explode

CRV Price Prediction For 2022 And 2023

It is important to note that these are forecasts based on possible trends or events which could influence the growth or decline in demand for this coin.

For example, if investors believe there will be a crash soon, then they may sell off their investments, fearing it will be worthless. This will reduce the value of the asset and trigger a downward trend that could last many years.

The 2020 predictions were not very encouraging, especially after investors saw their investments fall by nearly 88% at launch. However, Curve has grown more stable since then, so there is hope for its future.

The first forecast is by Wallet Investor, which predicts Curve CRV to be worth $8.06 and $13.46 by the end of 2022 and 2023, respectively. This is a very conservative prediction compared to others, but it could still come true since the expected return on investment (ROI) is also fairly decent.

For 2022, Wallet Investor predicts a stable but drudgy growth, with the Curve coin to trade mid-year at $5.85 and close at $8.06. The site foresees very subtle volatility from month to month, and CRV will mostly be on a rise with no substantial drop.

According to Wallet Investor, the same trend will roll over to 2023, with CRV starting the year at $7.84 and finishing at $13.46.

There might be slightly volatility in April and May, with the coin bouncing between $9.36 and $10.12. The same will happen in November, where Curve will mostly trade between $12.5 and $13. Wallet Investor predicts the highest price for the year to be around $13.56 in December 2023.

These predictions are closely similar to those of Priceprediction.net, which predicts that Curve will end 2022 at $6.17 and 2023 at $8.97.

Digital Coin Price also hovers around the same range. The crypto price analyst believes that the Curve coin will be worth $4.64 and $5.14 by the end of 2022 and 2023, respectively.

On the other hand, Gov.capital not only predicts some logical volatility levels but also decent growth. According to the site, Curve CRV might trade at $10.49 by the end of 2022, with the highest price for the year being $11.20 in mid-December 2022.

The coin will then start off 2023 at around $11.26 and then grow to as high as $25.01 per token by the end of the year. This is a much more promising prediction compared to the other three.

So, generally, we can expect CRV to trade at somewhere between $10 and $25 between 2022 and 2023, according to these predictions.

Don't Miss: Curve Price Predictions

CRV Price Prediction For 2024 And 2025

WalletInvestor predicts CRV to hit as high as $20.2 and $27.49 in 2024 and 2025, respectively. This is still pretty conservative since it is lower than what Gov.capital predicts for 2022 and 2023.

Wallet Investor’s predictions for 2024 are pretty much like those of the previous years; steady but slow. The coin will start the year at around $13.35 then grow steadily to reach $16.42 by the end of May and $19 per coin in mid-November.

There will be some noticeable volatility, with CRV trading between $19 and $20 for the rest of 2024.

For 2025, Wallet Investor predicts that CRV might start at $20.07 and cross $23.18 in late May.

It might, however, not reach $27 until the end of November 2025.

Priceprediction.net is less optimistic than Wallet Investor and predicts that Curve will close 2024 at $12.8 and 2025 at $18.6.

On the other hand, Digital Coin Price is still conservative and predicts that the Curve coin will be worth $5.42 and $7.39 by the end of 2024 and 2025, respectively.

As usual, we get a decent dose of optimism from Gov.capital which predicts that CRV will start 2024 at $23.84 then go as high as $44.79. In 2025, the coin will start at $46.59 and reach a high of $69.76 in December.

From these, we can deduce that the Curve DAO token will trade between $10 and $69 from 2024 to 2025.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

CRV Price Prediction For 2026 And Beyond

From 2026 going forward, we can expect CRV to be much different compared to today. However, we can't say exactly how high or low it will go. It is possible that the price movement this far will be informed by the factors we discuss in the next section. So, you might want o keep that in mind when making your decisions.

However, to give you an idea of what could happen, let's look at a few CRV price predictions for 2026 and beyond.

Wallet Investor only goes as high as $35.33 for this year which we are beginning to find a bit bearish. The growth also seems too stable for a cryptocurrency, and we could see more volatility.

Otherwise, it is unlikely that CRV will only trade between $11 and $14 for the rest of 2026.

Priceprediction.net gives an average price of $27.23 for 2026, but the coin could also go as high as $31.45 with the right market conditions. Going forward, the ascent will be a bit steep, and Priceprediction.net predicts that CRV might go as high as $145 in 2030.

Digital Coin Price doesn’t share this optimism and predicts that the Curve coin will close 2026 at $6.53 and might be worth a conservative price of $13.39 by 2029.

Gov. capital foresees some healthy fluctuations in 2026, with the coin starting at $72.04 and going as high as $99.99 by the end of the year. There will be wild fluctuations in between, with the lowest price being around $95 in January 2026.

All these predictions are great for understanding how CRV might move in the future. However, you should never depend on them for making important investment decisions.

The crypto market is highly volatile, and it is very hard to predict accurate price movement. So it is possible that all the predictions here will be way off from the actual future prices.

Check Out: Will Curve Make Me Rich In 10 Years?

Factors That Will Affect The Price Of Curve In The Future

You can't really tell the future of a volatile asset like Curve with pinpoint accuracy. However, you can predict how the asset will move by looking at a number of intrinsic and extrinsic factors that might inform its value.

In that regard, there are several factors we believe will be crucial in shaping the future of Curve.

These include:

Adoption rate
Competition
Growth of Ethereum
Government regulations
The team
Market conditions
Media coverage

1. Adoption Rate

Adoption is at the epicentre of the success of any digital coin. If people are not using the service, then it is bound to fail in the long run. Curve's success will, therefore, be determined by how fast it can attract a significant number of users.

The good thing is that users of stablecoins have been growing steadily. In fact, according to a report by Morgan Stanley, there were as many as 250 fiat currency transactions through stablecoins in 2018, representing a 30% increase from the previous year.

If this keeps up, Curve will attract more users and steadily rise in value.

2. Competition

While Curve is the only decentralized exchange for stablecoins, it faces stiff competition from centralized exchanges that also offer trading services of digital currencies.

As stated before, stability is one of the biggest factors working in favour of Curve, thus making it rank among the best choices for stablecoin investment. It is, therefore, necessary to maintain this edge over competitors before it becomes too late.

3. Growth of Ethereum

Considering that Curve is based on Ethereum, its price is bound to rise and fall with the success and failure of the network. While there is no doubt that Ethereum's blockchain has revolutionized development, many cryptocurrencies have also emerged using this blockchain though they are not associated with it.

If Ethereum fails, Curve will also fail and vice versa. However, Ethereum's implementation of proof-of-stake (PoS) is one of the most promising changes in blockchain technology. If it succeeds, we can expect a huge price boost for Curve as well as other currencies that run on the Ethereum network

4. Government Regulations

The government has been a huge threat to cryptocurrencies in the past. However, it is gradually warming up to the idea of regulating digital coins for benefits such as tax collection, security and investor protection. If this happens, then Curve will enjoy the same success that most governments have enjoyed when they passed out regulations on cryptos.

The market will have a surge of buyers because cryptos are no longer viewed as scams by the government.

5. The Team

Apart from the founder and CEO, there is very little known about the team behind Curve. The site doesn't list any team members, contributors or even sponsors. This is a common mistake among most new coins. They focus mostly on the technical aspects of their currencies, with little to no attention paid to their teams.

Curve should embrace transparency and allow the public to know enough about their team members. This will help them build trust and confidence to drive up demand for its token in the market.

6. Market Conditions

Every digital coin goes through ups and downs owing to fluctuations in market conditions. If there is a general downtrend, it will affect any coin regardless of its strengths.

The same is true if there is an uptrend because it will pull up all the coins irrespective of their merits.

Curve must create strategies to weather both these scenarios because they are bound to occur no matter how good or popular a coin is.

7. Media Coverage

This is yet another significant factor that determines a digital coin's success. The general public has a huge influence on cryptocurrencies, thus making it very important for Curve to get more media coverage.

It is, therefore, important for the team to hire a top PR firm with extensive experience of working with altcoins in order to secure more endorsements from popular media outlets and reputable influencers.

With more exposure and endorsements, there will be a surge in interest in the coin, which means that its price will rise as well. If there is bad media coverage, the result will be the opposite.

The Future Of Curve: Will The Value Of CRV Rise?

By focusing only on stablecoins, Curve sets itself apart from not only a volatile but also a crowded market. The two-sided approach offered by the platform allows users to get both stable digital currencies and higher interest rates on their investments.

However, in order for it to become a significant player with a high market cap, there is much work to be done. The coin's website should focus more on transparency and listing key team members, investors/donors and partners.

In particular, Curve needs to focus on straightening the factors mentioned above in order to increase its value. For instance, the protocol should come up with strategies to attract more people and increase its use cases and adoption rates.

One way to do this is by increasing exposure through the media and ensuring that as many people as possible know about this unique DEX platform.

The fact that Curve focuses only on stablecoins will give it a competitive edge over centralized exchanges that trade volatile assets. There are a lot of people who want to invest in cryptocurrencies without risking their money too much. For these people, stablecoins can be a safe haven.

The more risk-averse investors there are, the more Curve will be in demand, and this could help boost its value significantly.

Conclusion: Is Curve A Good Investment?

It is still too early to say whether Curve will be highly successful or not. However, it does show great potential and could rise in value if the team works on its weaknesses.

It definitely has an edge over other decentralized exchanges because of its focus on stablecoins, but this needs more work before it becomes a significant player in the market.

If the team focuses on its strengths and puts in more effort to make it popular, an increase in media coverage will definitely put Curve amongst the top altcoins, and this would see its price surge.

The biggest strength of Curve is that it is a unique decentralized exchange that focuses only on stablecoins. If they can get enough people interested in this aspect, it could be very successful in the long term.

Having said that, Curve is still a volatile asset and could drop significantly in value if the market takes a bearish turn. So, before investing, it is important to do thorough research and take into account all the risks involved.