Introduction
Swell Network is a decentralized, non-custodial liquid staking protocol designed to enhance user experience within the decentralized finance (DeFi) ecosystem, primarily focusing on Ethereum. Launched to simplify access to DeFi opportunities, Swell allows users to stake their Ethereum (ETH) and earn passive income through blockchain rewards. In return for staking, participants receive a yield-bearing liquid staking token (swETH), which represents their staked assets and accrued rewards, enabling them to maintain liquidity while engaging in various DeFi activities.
SWELL Supply Details
- Total Supply: 10 billion SWELL
- Circulating Supply: 1.57 billion SWELL
- Max Supply: 10 billion SWELL
Current Market Overview and Technical Analysis
As of November 27, 2024, SWELL is trading at $0.03628 USD approximately 3.06 INR. Despite being relatively undervalued, its low price offers potential for exponential growth with expanding adoption.
- Recent Price Performance: SWELL saw a steady recovery after reaching its all-time low earlier this year.
- 1-day RSI: Currently at 47, indicating neutral market conditions.
- Key Resistance Levels: $0.045, $0.06
- Key Support Levels: $0.03, $0.028
Recent Developments and Market Momentum
The recent listing of Swell Network’s native token, SWELL, on major centralized exchanges marks a significant milestone for the project. This increased accessibility is poised to drive prices higher by attracting a broader range of investors and traders who may have previously been unable to engage with the token.
With SWELL now available on these prominent platforms, it benefits from enhanced visibility and liquidity, which are critical factors in the cryptocurrency market. As more users gain the opportunity to trade SWELL, the potential for increased demand could lead to upward price momentum. Additionally, the ease of access provided by these exchanges allows new participants to enter the market seamlessly, further fueling interest and investment in Swell Network’s innovative liquid staking solutions.
SWELL Fundamentals and Long-Term Price Analysis
| Aspect | Details | Evaluation |
|---|---|---|
| Founders | Daniel Dizon | active involvement as an angel investor in blockchain infrastructure and DeFi protocols |
| Utility | DeFi, Liquid Staking | Broad application |
| Max Supply | 10 billion SWELL | Controlled inflation |
| Circulating Supply | 1.57 billion SWELL | Balanced supply dynamics |
| Adoption | Increasing across financial platforms | Consistent ecosystem expansion |
| Volume | Gradual increase | Indicative of rising interest |
| Roadmap | Focus on scalability | Achievable long-term goals |
SWELL Price Targets from 2024 to 2030
| Year | Bearish Case (USD) | Bullish Case (USD) | Remarks |
|---|---|---|---|
| 2024 | $0.04 | $0.07 | Ecosystem consolidation and initial growth |
| 2025 | $0.08 | $0.12 | Rising demand in DeFi |
| 2026 | $0.15 | $0.22 | Expansion across decentralized platforms |
| 2027 | $0.20 | $0.30 | Major protocol upgrades |
| 2028 | $0.30 | $0.50 | Institutional interest in decentralized finance |
| 2029 | $0.60 | $0.90 | High adoption and liquidity optimization |
| 2030 | $1.00 | $1.50 | Market maturity and mass adoption |
Year-by-Year Breakdown
2024: SWELL is expected to reach a $0.04–$0.07 range, driven by a growing ecosystem and improved utility.
2025: Demand within the DeFi sector and liquid staking could push SWELL to $0.08–$0.12, reflecting its increasing role in yield strategies.
2026: Significant growth anticipated, as Swell Network expands its integrations and attracts more institutional participants. Projected range: $0.15–$0.22.
2027–2028: By 2028, SWELL could see levels between $0.30 and $0.50, supported by large-scale adoption and technical advancements.
2029–2030: With blockchain finance becoming mainstream, SWELL may peak at $1.50 in 2030, reflecting its maturity and ecosystem strength.
Conclusion
Swell Network’s focus on decentralized financial solutions makes it a promising project in the evolving blockchain ecosystem. While early growth phases may be slow, the long-term potential is immense, with the opportunity for significant returns. Investors should watch for upcoming developments and market trends to maximize their gains.
