The DeFi space has been really hotting up lately, as the top projects vie to attract more and more users. Among these is SushiSwap - a popular decentralised exchange that currently has some $1.9 billion locked into its protocol. In the following article, we’ll be checking out how it weighs up against the competition and what its prospects are for investors.
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DeFi has been one of the biggest developments of the cryptocurrency sector, period. In fact, it could even be argued that the emergence of platforms like SushiSwap, Aave, Compound and Maker could finally allow cryptocurrency to fulfil its potential as a genuine alternative to fiat currency.
SushiSwap benefits from being built on the Ethereum platform, so right from the outset it was compatible with some of the top ERC-20 tokens on the market, as well as numerous other DeFi projects. The exchange, with its quirky Sushi-themed branding, has proven popular and it is consistently amongst the top ten DeFi platforms, in terms of value locked in.
But how does it stand as an investment prospect? And is it necessary for potential investors to learn the ins and outs of the SushiSwap platform to earn a profit from it? In the following SushiSwap price prediction for 2025 and 2030, we’ll be taking a closer look at the exchange, as well as seeing how its native token, SUSHI, is predicted to perform in the years ahead.
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Introducing SushiSwap
SushiSwap is an automated market maker, which means it allows users to buy, sell and exchange cryptocurrencies without the need for any kind of middleman. Those with knowledge of cryptocurrency will be aware that SushiSwap isn’t the only AMM out there. In fact, it actually came into being when another exchange, Uniswap, forked.
Since then, there has also been the announcement of SashimiSwap, which seeks to improve upon the SushiSwap blueprint. So what makes SushiSwap stand out against the competition in this ever-growing sector?
SushiSwap - An Overview
The SushiSwap is a decentralised exchange built on the Ethereum blockchain. It allows users to buy, sell and exchange the ERC-20 tokens, as well as earn commission by providing liquidity to the protocol. The project came into being in August 2020, after an older DEX called Uniswap hit a fork. SushiSwap promised an improved user experience and better rates of return.
Whereas traditional exchanges rely on a central order book to match buyers with sellers, SushiSwap uses an Automated Market-Making system. This means that users provide tokens to liquidity pools, which then facilitate trading. Complex algorithms are used to determine the price of an asset, based on supply and demand within their given pool.
Liquidity providers essentially lock two tokens into a smart contract. For example, those providing liquidity to SushiSwap’s DAI/ETH liquidity pool will need to commit DAI and ETH tokens. Buyers can then exchange tokens within the pools, with the price mechanism ensuring that there is always a balanced supply.
Of course, liquidity providers need a reason to commit their tokens, so most platforms reward them with a share of the trading fees, proportionate to how much liquidity they have locked into the platform. When users commit their tokens, such as ETH and DAI, they receive Liquidity Poll Tokens, which act as a kind of IOU. These can then be burned when users want to reclaim their staked tokens.
When trades are made on SushiSwap, there is a 0.3%. Of this, 0.25% is redistributed to the liquidity providers, with the remaining 0.5% being converted to SUSHI.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The SUSHI Token
SUSHI is the native token of the SushiSwap exchange. When it first launched, the SUSHI token was used to entice users away from the Uniswap platform. SUSHI is the token that powers the SushiSwap platform and is also offered as a reward for those staking their tokens in the various liquidity pools.
Users can deposit their ERC-20 tokens - including the SUSHI token -to the SushiSwap liquidity pools, they then earn 0.25% of transaction fees in a combination of SUSHI tokens and Sushi Liquidity Provider tokens (SLP). SUSHI tokens can also be staked to get further rewards and voting rights on the platform, via the SushiBar.
Check Out: You Asked: What If I Invest $10 In SushiSwap (SUSHI)?
The SushiBar
SUSHI holders can stake their tokens at the SushiBar, in exchange for xSUSHI tokens. We mentioned earlier that 0.05% of trading fees on SushiSwap are converted to SUSHI. These tokens are distributed to the SushiBar.
The rewards are regularly ‘served’ at the SushiBar, meaning they are distributed amongst all users currently staking. These rewards come in the form of xSUSHI. According to the SushiSwap website, “The xSUSHI token is always worth more than a regular SUSHI token, because xSUSHI accrues value from platform fees.” Of course, xSUSHI works in a similar way to other LP tokens on the platform, and can be exchanged back for their equivalent value in SUSHI.
xSUSHI is also the governance token of the platform, meaning holders can vote on decisions relating to upgrades and the future direction of SushiSwap.
The SushiBar is an important feature of SushiSwap, as it offers users a way to earn greater rewards. In a highly competitive industry such as DeFi, these touches can make all the difference as to whether a project will be a long-term success or not.
Looking At SushiSwap’s Price History
SushiSwap only started being listed in August 2020, so it hasn’t got a long history of price data for us to look back at. Nonetheless, during its existence the cryptocurrency market has undergone both significant downturns and upswings, so we can get a good idea of how SUSHI moves in line with other tokens, such as Bitcoin and Ethereum.
SUSHI launched with a certain degree of expectation, so its trading price was at $2.59 early on. However, the token ran into initial difficulties and suddenly dropped to $1.16. Then, less than 24 hours later, it soared as high as $8.84. It was then revealed that SushiSwap founder, Chef Nomi, had cashed some $14m worth of Ether of the project, which sent SUSHI into decline.
The questionable behaviour of Chef Nomi was, however, quickly rectified, with the funds being returned to the development team behind the project, which continued under new guidance. This soon had a positive impact on price and as 2020 drew to a close, SUSHI had reached $2.61.
Of course, 2021 was a year of unparalleled prosperity for the cryptocurrency market. By the end of January, SUSHI had already been caught up in the first upswing, surging almost 300% to a token price of $10.27. February then saw another price surge, with the coin soaring to $18.45. March then saw SUSHI attain its all-time high of $23.38.
SushiSwap then dropped to $10.65 during the month of April, before rallying to $21.44 just a month later. This was before a market-wide downturn struck heading into summer, which dragged SUSHI down to $10. Recovery started in September, with the token climbing back to $14.92, but it then went back into decline as the year drew to a close.
So what sort of trajectory is SushiSwap likely to be on over the next few years? In the following SushiSwap price prediction for 2025 and 2030, we’ll take a look at the token’s potential as a mid to long term investment and hear what other analysts are predicting for its future.
What’s Next: SushiSwap (SUSHI) Price Predictions For 2025
There’s no denying that SushiSwap has established itself as a popular exchange and its position within the top ten DeFi projects is a testament to this. However, as we’ve seen, its native token, SUSHI has been subject to fairly significant volatility and is not short of competition. So what can we expect from the project in the coming years?
DigitalCoinPrice predicts that SushiSwap will perform well in the first half of 2022, reaching as high as $7.16 in August, before a few months of volatility ensues. By the end of the year, SushiSwap (SUSHI) is predicted to be up by around 46% on today’s price, trading at $6.98. A strong performance is then expected across 2023 and 2024, with SUSHI potentially reaching $11.93 by March 2025.
Elsewhere, WalletInvestor is expecting SushiSwap (SUSHI) to climb slowly but surely throughout 2022, reaching $13.5 by the time January 2023 arrives. The token is then predicted to rise consistently month by month, reaching a potential high of $16.39 by December. By the time we reach 2025, WalletInvestor believes SUSHI could be worth as much as $23.25.
TradingBeasts is a little more pessimistic with its SushiSwap price prediction for 2025. The platform actually believes the token will grow very slowly over 2022 and 2023 - fluctuating along the way. However, the token is then predicted to see some growth in 2025, finishing the year at around $6.25 - an increase of about 30% on today’s price.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Looking Further Ahead: SushiSwap (SUSHI) Price Predictions For 2030
As we’ve seen with our look at SUSHI’s price history, as well as the forecasts for 2025, the token is subject to fairly substantial volatility. With this in mind, it’s very difficult to make accurate predictions over the longer term. As such, the following SushiSwap price predictions for 2030 should be seen as suggestive only.
DigitalCoinPrice has forecast SushiSwap SUSHI’s price movement as far as 2029. It believes that the token will struggle to gain ground across 2026, but by 2027 will be trading at well above $10. It will then continue to grow going into 2028, potentially reaching as high as $21.25 - an increase of 344% on today’s price.
Meanwhile, CoinPriceForecast is a little more conservative SushiSwap’s future. According to its technical analysis, SUSHI could regain the $10-mark by 2028. The platform then predicts that the SushiSwap token will grow slowly for the next years, climbing to $13.01 in 2030.
Finally, PricePrediction.net has made a somewhat far-fetched SushiSwap price prediction for 2030. It has the SushiSwap token quadrupling in value by 2025 and continuing to rise at an exponential rate in the following years. By 2030, the platform suggests that SUSHI could be worth as much as $260 per token.
Once again, these price predictions are highly speculative and should not in themselves form the basis for any investment strategy. They simply highlight what these analytical platform believe is possible for SushiSwap before the end of the decade.
Don't Miss: SushiSwap Price Predictions
SushiSwap (SUSHI) Price Predictions 2025-2030
The price of SushiSwap (SUSHI) is expected to rise from $8 at the beginning of 2025 to $13 at the end of 2030.
| Year | Mid-Year | Year-End |
|---|---|---|
| 2025 | $8.16 | $9.08 |
| 2026 | $8.63 | $9.41 |
| 2027 | $10.18 | $10.94 |
| 2028 | $11.70 | $10.68 |
| 2029 | $11.14 | $11.77 |
| 2030 | $12.39 | $13.01 |
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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 SushiSwap (SUSHI)?
So that just about wraps up our SushiSwap price prediction for 2025 and 2030. As we’ve discussed, the exchange is hugely popular and, although it is a long way behind the likes of Maker and Aave - or even Uniswap - in terms of locked-in value, it's $1.9 billion of locked-in value is nothing to sniff at.
Of course, much will depend on SushiSwap’s ability to continue to attract users, but we think it has all the necessary credentials to compete with the best platforms on the market. This is especially true of its most direct rival - Uniswap.
Looking at SushiSwap price predictions, it’s clear that investors can expect fairly significant volatility over the years, so will need to keep a close eye on developments and stay up to date with revisions to the various forecasts we have discussed. Investing in SushiSwap will also require planning with regards to timing and the length of any planned commitment.
It’s fair to say that SUSHI could be a riskier investment, but it is definitely one of the top DeFi contenders. It’s also worth bearing in mind that SushiSwap still has plenty of room to grow and still has the potential to poach users directly from Uniswap.
Where To Invest In SushiSwap
You can invest in SushiSwap by buying the SUSHI token on the open market. You’ll find it listed on plenty of exchanges, but for our money eToro is the best of the bunch. Not only does it have an excellent reputation and world-leading trading platform, but eToro also has plenty of news features and articles to inform your investment choices.
To open an account, you’ll need to provide a few details and complete the verification check, but this takes just a few minutes - after which you’ll have access to the eToro books, which include several of the world’s top cryptocurrencies.
eToro – Best Platform To Buy SushiSwap
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
FAQs
Is SushiSwap DeFi?
SushiSwap is a decetralised exchange that does indeed fall under the umbrella term of DeFi. The platform is what’s known as an Automated Market Maker, as it uses algorithms and smart contracts to set prices and supply liquidity, rather than a central order book, as is the case with traditional, centralised exchanges.
How much will SushiSwap be worth in 2025?
There’s no way to know for sure how much SUSHI will be worth in 2025 - especially as leading analysts differ on their predictions. For example, in our SushiSwap review for 2025, we found forecasts suggesting SUSHI could be worth anything from $6 to $23.
Where can I buy SushiSwap?
SushiSwap is fairly widely listed so you shouldn’t have any problems in finding a broker or exchange that will allow you to buy the token. However, we normally recommend eToro as it has one of the best reputations in the industry, as well as a trading platform thats easy to get to grips with.
Is SushiSwap a risky investment?
The reality is that all cryptocurrencies are a comparatively risky investment and you should only invest funds that you can afford to lose. Compared to other tokens, SushiSwap’s price has been known to move significantly, in both directions and in a short space of time. We’d certainly advise diversifying your portfolio as much as possible if you plan to add tokens like SUSHI.
What are SushiSwap price predictions for 2030?
Long term forecasts carry very little weight in the world of cryptocurrency as the market and technology simply moves too fast for them to be feasible. However, long term SushiSwap price predictions are somewhat positive, with platforms suggesting that SUSHI could be approaching $200 by 2030.
Read More:
Why SushiSwap Is Going To Explode
What Will SushiSwap (SUSHI) Be Worth In 2030?
Why Is SushiSwap (SUSHI) So Cheap?