- Sushiswap has teased that “Big things are coming this week” in an attempt to revive the project
- The announcement comes after the SUSHI token has crashed by over 78% since its high in December 2024
- The project’s daily trading volume has also collapsed from over $860 million to just $21 million
The multichain decentralized exchange (DEX) aggregator Sushiswap has stirred users’ attention after posting a cryptic message to its community on the X social media platform, teasing that “Big things are coming this week.”
The latest post triggered responses from several Sushiswap followers on X, with almost every respondent asking for more details from the DEX aggregator. It has also rekindled users’ awareness of the blockchain solution, which dropped significantly over the past few years, with a significant impact on the project’s native token, SUSHI.
A Look at the Numbers: The Steep Climb Ahead
It is crucial to note that SUSHI has experienced a massive decline since the beginning of 2025. The cryptocurrency’s price crashed from $2.795 in December last year and traded for $0.6108 at the time of writing. That reflects a 78.2% decline from last December’s high.
However, a more worrying development is the crypto project’s declining trading volume, reflecting a lack of engagement and a fading interest from crypto community members.
Sushiswap’s market capitalization also experienced a massive decline over the past seven months. CoinMarketCap’s data shows that SUSHI’s market cap dropped from almost $700 million in December 2024 to $166.5 million at the time of writing. The cryptocurrency’s daily trading volume crashed from $862.86 million to $21.24 million over the same period.
What Could the “Big Things” Be?
Although Sushiswap did not provide details of what it plans to do this week, the crypto project’s situation suggests it could be embarking on a campaign or releasing an innovation that aims to boost adoption and promote its recovery. Meanwhile, it is crucial to emphasize that Sushiswap’s core attributes revolve around Automated Market-Making (AMM) across multiple blockchain networks.
Related: SushiSwap (SUSHI) Price Prediction 2025-2030: Will SUSHI Price Hit $10 Soon
Sushiswap’s short-term projection is bullish on CoinMarketCap, with 91% of the cryptocurrency’s holders expecting the price to surge. TradingView’s data indicates a resistance around $0.88, which could serve as the next target if SUSHI embarks on a short-term rally.
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