After substantial success when it first launched, Serum seemed to fall behind and become overshadowed by the plethora of more established DeFi projects out there. However, in recent months this decentralised exchange has seen something of a resurgence and its unique features have attracted significant interest–which in turn has led to some impressive price movement for its native token, SRM.
Few would argue that DeFi is currently the biggest thing in the world of cryptocurrency, with literally billions of dollars worth of tokens locked into the various protocols. But with dozens of decentralised exchanges and yield farming platforms on the market, where exactly does Serum fit in–and, more importantly, how does it stand as an investment opportunity?
Serum is a highly advanced exchange that allows for the buying and selling of cryptocurrency derivatives, as well as other digital assets. The protocol has been designed for cross-chain compatibility and ticks all the usual cryptocurrency boxes in terms of decentralisation and security, yet on the surface it appears similar to a traditional financial exchange system.
In the following Serum price prediction for 2025 and 2030, we’ll be taking a closer look at the Serum project, both from a technical and investment perspective. We’ll also be considering some analysts’ forecasts to build an idea of what is expected of SRM in the coming years.
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The History Of Serum
Serum was developed by the Serum Foundation, which itself was set up by FTX and Alameda Research in conjunction with Solana. This is an important fact to note, as FTX was already a major player in the world of retail trading and the Serum project represented its intentions to bridge the gap between traditional and decentralised exchanges. Serum is headed by Sam Bankman-Fried, a former Wall Street investment banker and financial advisor at Jane Street Capital.
The project’s 2020 whitepaper stated that Serum would improve upon existing DEXs by improving interoperability and, importantly, using an orderbook approach as opposed to Automated Market Makers, which were the standard in most popular DEXs. Of course, by using Solana as its blockchain, Serum also sidestepped the congestion issues that were plaguing the many Ethereum-based projects.
Serum was officially launched in August 2020.
What Makes Serum Unique?
We’ve noted that Serum is a decentralised exchange and, let’s face it, there are quite a few of those currently operating in the cryptocurrency space, many of which have established themselves as market leaders. So what exactly is so special about Serum?
Firstly, Serum uses an on-chain limit order book, whereas most top DEXs rely on automated market makers, i.e. liquidity pools. The reason Serum is able to operate an order book-based system is that it operates on Solana–such systems are simply too inefficient to be implemented on Ethereum, with its GAS fees and tendency to slowdown.
An order book approach means that one user looking to sell a particular token can be matched to another looking to buy. This effectively means users trade peer-to-peer without any central authority needing to be involved. Users provide collateral to ensure that trades are honoured as they should be.
Another stand-out feature of Serum is that the platform can facilitate cross-chain exchanges. Currently, a Solana-Ethereum cross-chain bridge allows the trading of digital assets between these two blockchains. However, the Serum Foundation has signalled its intention to explore additional bridges in the future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The SRM Token
As with most DeFi projects, Serum has its own native cryptocurrency, SRM, that effectively powers the platform. The token is, of course, the preferred currency for paying transfer fees on the exchange and holders can gain discounted rates for doing so. In fact, SRM holders can get up to a 50% discount on Serum exchange fees.
Another feature of Serum is that users can effectively bind 1,000,000 SRM tokens together to mint a MegaSerum token, which (apparently) unlocks additional benefits on the exchange when compared to the separate SRM tokens.
Holders can also choose to operate a node to validate transactions, the minimum requirement for which is 10 million SRM. However, it is also possible for users to delegate their SRM to a node operator in exchange for a share in the rewards.
Looking At Serum’s Price History
Serum hit the markets in August 2020 and it's fair to say the token has seen some pretty spectacular price movement over the intervening years. Having initially traded at around $1.60, SRM’s first major uptick occurred just one month later, with the token hitting $3.62. However, things then trended downwards for much of the rest of the year, with the SRM dropping below the dollar mark before finishing the year at $1.04.
In the opening months of 2021, the price of Serum started to gradually climb, reaching $3.14 by the first week of February. A major market upswing then took the token to $6.96 just a few days later, which represented growth of around 570% on the start of the year. Things then dipped slightly in March, with the token dropping to around $4.05 before a second market upswing took it to $7.62 within days.
May 2021 saw another significant price run and Serum soared to $11.74, however the crypto market then went into a slump and SRM was dragged down to $2.49. The downturned dragged on through the summer months but Serum then recovered ahead of the wider market, soaring to its all-time high of $13.78 in September.
The price spike was relatively short-lived and, despite an uptick in November that saw SRM at around $8.62, the token generally lost value as 2021 drew to a close. Of course, the crypto winter struck in January 2022 and Serum sank to $2.12. Despite signs of recovery in subsequent months, another downturn took the token to $1.04 in May.
At the time of writing, Serum had sunk well below the dollar and was trading at $0.82.
Serum Price Predictions For 2025
As we have seen, Serum’s value has been subject to some pretty wild fluctuations over the last couple of years. Naturally, this makes things difficult when it comes to SRM price predictions, which are primarily based on previous price data. However, what follows are some mid-term predictions from leading market analysts.
First up is DigitalCoinPrice; its technical analysis suggests that SRM could recover to around $1.18 by the end of 2022, but will see very slow growth across 2023. By the time 2024 rolls around, the token is expected to be trading at around $1.33 and will continue to creep up, but by 2025 DigitalCoinPrice’s upper estimate for SRM stands at $1.81.
Elsewhere, CoinsKid is slightly more bullish on Serum. It predicts the token will recover to $1.36 by December 2022 and will continue to climb steadily across 2023. In January 2024, the token is expected to be worth an average of $1.94 and will soar past the $2.00 barrier by the end of the year. Come 2025, Serum is expected to be worth a potential high of $3.01.
Another Serum price prediction we looked at came from TradingBeasts. Often noted for its more reserved price predictions, the platform is actually predicting fairly solid growth for Serum–albeit with some pretty significant volatility. It predicts that SRM will reach $1.13 by mid-2023–growth of around 35% on today’s price. By the time 2025 arrives, TradingBeasts suggests Serum could be worth up to $2.17 per token.
Looking Further Ahead: Serum Price Predictions For 2030
We also found a few long term Serum price predictions, however it should be noted that these are not known for their reliability. The market changes very quickly and no one can say how blockchain technology will have evolved in the next five years, let alone by 2030. However, these predictions are still a good indicator of current market sentiment.
DigitalCoinPrice has continued its Serum Price prediction as far as 2030. Its data suggests that the token will regain the $2 mark by 2027 and continue to perform well in the following years. By the end of 2028, SRM may reach as high as $3.10 and if it continues as expected the token could be worth in excess of $4.12 by 2030.
Elsewhere, PricePrediction.net has also ventured a Serum price prediction for 2030. The platform appears to be particularly optimistic about SRM’s future–especially compared to other forecasts we’ve looked at. It suggests that the token could reach a potential high of $10.42 over 2027. A year later it is predicted to go past $14.80 and by the time 2030 arrives the platform suggests SRM could trade at a high of $30.74.
Again, we would remind readers that these longer term price forecasts are based on guesswork. They indicate potential trajectories based on the data we have today and such data can change. As such, Serum price predictions for 2030 should be seen as suggestive only and should not form the basis of any investment strategies.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: Should You Invest In Serum?
Now we’ve taken a look at Serum 's potential as an investment opportunity should be a little bit clearer. The project is a decentralised exchange that differs from the numerous others on the market in that it supports crypto derivatives as well as using an order book based system, as opposed to an Automated Market Maker.
Serum also benefits from being built on the Solana blockchain, which makes it much faster than many of the leading DEXs built on Ethereum. Of course, this could all change when the Ethereum 2.0 upgrades are complete, but for now Serum offers faster, cheaper transactions than many of its peers.
The Serum price predictions we looked at were something of a mixed bag. Whilst most analysts pointed to growth, there was significant variation on just how much growth was predicted. However, it’s certainly a positive sign that, overall, Serum price predictions for 2035 and 2030 were all positive.
If you’re looking to invest in a DeFi project, then Serum is definitely worthy of consideration. It is also a good option for those who already hold several DeFi tokens and are looking to diversify. We’d say that the platform still has a way to go before it can rival big names like Uniswap and SushiSwap, but adding SRM to your portfolio could prove to be a wise decision if uptake continues apace.
Where To Invest In Cryptocurrency
If you want to invest in Serum then you can buy its native token on just about any major exchange or broker. Of course, you’ll need a wallet that can store your SRM tokens–you can check out our guide to crypto wallets for more information.
You’ll then need to choose your preferred broker. There are numerous options, but we usually recommend eToro, as it offers a highly approachable trading platform as well as numerous educational resources. You can also store your tokens on eToro, which makes it very convenient for those new to crypto investing.
Opening an account with eToro is pretty straightforward and, once verification is complete, you’ll have access to its trading environment, in which you can buy numerous top cryptocurrencies.
eToro — Top Platform To Buy Serum
Open an account with eToro, deposit some funds with USD, and finally – buy Serum from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Serum Price Predictions 2025, 2030 - FAQ
What is Serum?
Serum is a decentralised exchange built on the Solana blockchain that stands out from other similar DeFi projects in that it uses an order book based system, matching one trader against another to complete transactions. It is also possible to trade crypto derivatives on Serum, which also gives it an advantage over certain other DEXs.
Is Serum built on Solana?
Whereas many of the leading decentralised exchanges on the market, such as Uniswap and SushiSwap, are built on Ethereum, Serum is built on the much faster and more scalable Solana blockchain. This means it can offer a more efficient exchange service and with lower fees than many of its rivals.
How much will Serum be worth in 2025?
Serum price predictions should be taken with a pinch of salt as the crypto market changes so quickly it is very difficult to accurately predict what will happen. However, the forecasts we looked at suggest that SRM could be worth anything from $1.81 to $3.01 by the time 2025 arrives.
Where can I buy Serum?
You can buy Serum through several major exchanges and brokers. If you are yet to sign up to one, then we recommend checking out eToro, as it has an award-winning trading platform that’s suitable for beginners as well as more advanced traders.
Is Serum better than Uniswap?
Each decentralised exchange has its own strengths and weaknesses. Being built on Solana gives Serum certain advantages over the likes of Uniswap, but it should be pointed out that, as things stand, Uniswap has a lot more value locked into its protocol. Investors could always consider adding both native tokens to their portfolios for a degree of diversification within the DeFi sector.
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