Swipe (SXP) Coin Price Prediction – 2023, 2025, 2030 (2024)

Barinem Pene

December 15, 2023 at 19:46 UTC (December 15, 2023)

Swipe (SXP) Overview

Swipe (SXP) Introduction

The cryptocurrency market has become extremely competitive but has grown massively as more institutions adopt the use of digital currencies in their daily business and investments. SXP has a strong start, but it is considered a volatile asset by many investors as they transfer the majority of their holdings to a more stable currency. However, SXP aims to be a fully decentralized asset after its acquisition by Binance, which proves to be a promising development for the protocol. But in this piece, we evaluate the possibilities of Swipe (SXP) regaining its positive momentum in the coming years by exploring the core fundamentals of the project, recent developments, technical price analysis, and an elaborate view of SXP price forecasts from cryptocurrency experts.

What is Swipe (SXP)?

Swipe or Solar Network is a community-driven decentralized platform to create an ecosystem where businesses or individuals can generate debit cards backed by cryptocurrency and foster an easy payment experience. Swipe is built to act as a bridge between payment networks and crypto exchanges. They aim to encourage true governance within the network with strong community participation and utilize the Delegated Proof of Stake (DPoS) consensus mechanism to maintain an efficient and effective blockchain protocol with a wide range of features. This made the protocol unique and different from the other blockchains enterprises as it continues pivoting on modern technology.

The Swipe network grants users a highly secure framework to access close to 150 cryptocurrencies in over 70 million regions as a medium of transaction and payment. The native token of the protocol, the SXP token, is a versatile coin that serves many functions within the network like governance and staking rewards, multichain transactions, on-chain, and off-chain payments, etc. The token helps in catering to processing and transaction fees, a means of voting on the protocol for upgrades and leadership, accessibility to the Ethereum and Binance Smart Chain, and is also useful in card issue fees.

One of the outstanding features of Swipe is the unique API and lock feature that allows the user to report a stolen or lost card, which is attended to immediately till the user acquires another card. Solar Network was acquired by Binance in 2020 and extended its feature to support the conversion of NFTs, digital assets, and cryptocurrencies to fiat at an up-to-date conversion rate.

Swipe (SXP) Fundamental Analysis

Solar Network was founded in 2018 by Joselito Lizarondo, acting as the CEO and Nayiem Willems who is currently the Chief Technical Officer. The founding team is well experienced in the development of blockchain technology, entrepreneurship in the financial sector, and the growth of an active community, which they applied in developing Swipe into a world-class technical product.

Partnerships

Swipe has grown its territory and user base by integrating its systems into the blockchain and traditional finance industry, especially in the debit card sector. Swipe features the Swipe API, the Swipe debit cards, and the Swipe swap that has helped in growing the Swipe ecosystem and community.

The various milestones that SXP has undergone have driven the price to a high point, like the acquisition of the network by Binance, the leading cryptocurrency exchange platform, in July 2020. Binance native token (BNB) was listed in the Swipe platform, making BNB a tradable asset via the Swipe debit card.

During the interview after the acquisition of the firm, Swipe’s ex-CEO stated,

Swipe’s goal is to further synchronize crypto with fiat currency-based transactions. Partnering with Binance, given their world-recognized track record and user base, alongside a team that constantly executes, will place Swipe in the position to make cryptocurrencies more accessible for millions of users worldwide.

In November 2020, Ignition, a platform that supports the process of Initial Wallet Offering (IWO) used for funding new projects, was launched by Swipe to attract the creation of new ventures while providing liquidity and user access to the leading team. They went further to acquire Spend.com in March 2021. Spend.com is a payment infrastructure that utilizes cryptocurrency for its payments, and this collaboration was to expand the integration of cryptocurrency and the traditional finance sector.

However, Joselito Lizarondo resigned in December 2020, about five months after the acquisition by Binance, and the protocol got rebranded to Solar Network.

Scalability

SXP is a utility token that was built to be the fuel power of the Swipe network, a DeFi platform that enables cryptocurrency financial assets backed by SXP. Swipe provides a wide range of products and services to its users with the multi-asset DeFi app that allows them to convert cryptocurrencies and fiat.

Swipe (SXP) Current Price

Swipe is currently worth $0.388997 USD. SXP has moved 1.91% in the last 24 hours with a trading volume of $18,242,430. Swipe is currently ranked 188 amongst all cryptocurrencies with a market capitalization of $228,816,390 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Swipe (SXP) to decide wether it is going to have a bullish or bearish year.

Swipe (SXP) Price Predictions

With the potential for more adoptions, collaborations, and the use case of Swipe, the price value is expected to reach newer heights if the global market remains neutral or becomes bullish for a longer period. Some of these collaborations with certain projects will lead to growth in market capitalization. But what are the price projections for the token in the next ten years?

Our price prediction forecasts use real-time Swipe (SXP) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Swipe (SXP) Price Prediction 2023

Swipe, according to some, is one of the most amazing cryptocurrencies to rise this year (SXP). The SXP price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.583495.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.544596 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. SXP is expected to have a minimum value of $0.466796.

Swipe (SXP) Price Prediction 2024

In 2024, Swipe SXP price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of SXP will soon surpass $0.972492. However, we should wait to see if the SXP’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, SXP will trade with a minimum trading price of $0.777994 and an average trading price of $0.855793.

Swipe (SXP) Price Prediction 2025

If the upward trend continues until 2025, it could reach $1.36 and SXP may profit. If the market experiences a decline, the goal may not be met. SXP is expected to trade at an average price of $1.24 and a low of $1.17 in 2025.

Swipe (SXP) Price Prediction 2026

If Swipe successfully boosts market sentiment among cryptocurrency enthusiasts, the SXP coin price could remain stable for the next five years.

According to our projections, SXP will be green in 2026. The SXP is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.75, with a minimum price of $1.56 and an average price of $1.63.

Swipe (SXP) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the SXP price is expected to cross an average price level of $2.02 by 2027, with a minimum price of $1.94 expected before the end of the year. Furthermore, SXP has a maximum price value of $2.14.

Swipe (SXP) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $2.41. If SXP manages to break the resistant level in 2028, we could see a maximum price of $2.53, failing to gather the support SXP needs by 2028 could result in a low of $2.33.

Swipe (SXP) Price Prediction 2029

While SXP is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $2.72 and a yearly price close above $2.92 in 2029.

Swipe (SXP) Price Prediction 2030

By 2030, Swipe will finally surpass its previous ATH values and record new price levels. The minimum price could be $3.11 and potentially reach a maximum price value of $3.31, averaging out at $3.19.

Swipe (SXP) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum SXP price in 2031 is projected to be $3.81 in the event of a bull run, with an average price level of $3.66.

Conclusion

Since the creation of Swipe, it has been approved by many industries because of its versatile utility, and the developers continue promoting the currency to build a wide network in the digital world of payment. However, the potential investor is advised to be updated about the developments on the network as they do their research before investing.

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