SushiSwap Research Hub | SUSHI information, history and analysis

SushiSwap has announced the acquisition of Shipyard Software to enhance decentralized exchange performance. This strategic move seeks to address key DEX challenges including impermanent loss and liquidity provisioning, as well as boost multichain trading efficiency.

After experiencing a significant decline in total value locked, dropping from above 8 billion USD in 2021 to approximately 230 million USD now, SushiSwap faces rising competition from other decentralized exchanges, particularly on platforms like Solana and Hyperliquid.

Multi-chain strategy enhances user experience: SushiSwap, led by Jared Grey, is advancing its decentralized exchange capabilities with a multi-chain strategy. The five upcoming products will focus on enhancing user experience and operational efficiency. This initiative follows significant governance reforms at SushiDAO in April 2024.

SUSHI token’s performance amidst new product launches: The SUSHI token, trading at 2.34 USD, has risen by 68% in the last week. Despite a 2% dip, it is up 207% over the past month, signaling strong market interest. This momentum is driven by the anticipation of new product launches like Wara and Susa.

Bullish predictions for SUSHI: SushiSwap (SUSHI) is poised for future growth, with price predictions for 2024 ranging from 5,054 USD to a potential drop to 0.772 USD. Currently, the market shows promise as SUSHI’s price trends correlate with MAJOR cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), suggesting interdependence.

SushiSwap’s strategic position: Operating on Ethereum, SushiSwap functions as a decentralized exchange using liquidity pools and an automated market maker model. This strategic setup enables direct trading without intermediaries, promoting community engagement and governance participation through its SUSHI token.

SushiSwap expands into Solana: By launching Wara, a Solana-based trading platform, SushiSwap significantly broadens its reach beyond Ethereum. This move aims to capitalize on Solana’s HIGH performance, allowing a swift trading experience and attracting new users to the platform’s ecosystem.

Kubo and Blade innovation: SushiSwap introduces Kubo, designed for market creation using delta-neutral strategies. Meanwhile, Blade, an automated market maker solution, addresses miner extractable value issues. Both tools enhance trading security and options for liquidity providers, offering a comprehensive trading suite.

Strategic treasury diversification: SushiSwap’s treasury strategy now includes 70% in stablecoins, 20% in blue-chip assets, and 10% in DeFi tokens. This diversification aims to bolster liquidity and stabilize operations, supporting staking and lending activities, leading to more robust financial outcomes for the platform.

SUSHI hits $2,818 USDT: Reaching its highest level since May 2022, SUSHI’s price of $2,818 USDT was propelled by a series of positive developments. Investors are keenly watching this cryptocurrency, whose recent momentum suggests further growth possibilities.

Trading at $2,518 USDT now: SUSHI’s price has currently adjusted to $2,518 USDT, displaying an impressive 24-hour gain of 25.65%. This Movement shows the impact of the 2025 roadmap announcement and indicates increasing confidence in SUSHI’s market potential.

On December 8, SushiSwap CEO Jared Gray unveiled the project’s product roadmap for 2025.

According to the announcement, the SushiSwap team plans to launch several new products in 2025, including a comprehensive trading platform on Solana, a perpetual contract DEX with Sushi’s new on-chain order book, and other innovative tools.

This announcement has sparked a significant surge in SUSHI’s price. Over the past 24 hours, SUSHI skyrocketed by 32.03%, with trading volume reaching $264.23 million.

SushiSwap gains over 25%: SushiSwap (SUSHI) has surged more than 25% within a day, breaking through a parallel channel pattern. This upward Movement has taken the token past the 2.22 USD resistance level. Analyst Jonathan Carter points to future targets of 4.40 USD, 6.40 USD, and eventually reaching 15.40 USD.

Sandbox surpasses resistance: The Sandbox (SAND) has broken out from a broadening wedge pattern, aided by a double bottom near the 0.22 USD range. The token now faces crucial resistance at 0.90 USD. Should it maintain above this level, projections suggest reaching targets like 1.50 USD, 2.60 USD, and 8.00 USD.

Sushi DAO, the organization governing the Sushi Swap decentralized exchange, has proposed diversifying its treasury assets. Under the proposal, Sushi’s treasury will go from 100% SUSHI tokens to a mix of stablecoins and other assets.

This proposal outlines a strategy for diversifying the treasury assets to mitigate risks and enhance long-term stability.

If implemented, all these tokens will gradually sold, and the proceeds will acquire a new treasury: 70% stablecoins, 20% “blue chip” cryptoassets (BTC, ETH), and possibly 10% other DeFi tokens.

SushiSwap, one of the leading DEXs in the DeFi space, has just announced Sushi Super Swap roadmap, outlining significant initiatives toward the scaling up of its multi-chain capabilities.

Per the official blog post, the Sushi Super Swap roadmap focuses on the aggregation of cross-chain, integrating Swap API, and further development of its cross-chain product, SushiXSwap.

SushiSwap introduced Sushi Labs — an autonomous administrative, technical and operational company that will manage the Sushi ecosystem. Sushi Labs will take over the DAO’s multimillion-dollar budget, which comprises 25 million SUSHI tokens.

In addition, SushiSwap also introduced a multi-token ecosystem, which is designed to reduce the risk of Sushi token inflation and mitigate the financial strain of funding DAO initiatives when products are not profitable.