The distinctive symbol of SVM- the basic currency of the first Bitcoin L2 project, which is compatible with EVM, has been launched since its appearance on the UISWAP a few days ago, as it increased by approximately 7,000 % to $ 0.205.
This powerful procedure in prices is placed as a Layer-2 icon as one of the best winners over the past week.
However, the maximum market, according to Coingecko dataIt is only $ 3.6 million at the time of the press, indicating that the distinctive symbol may be less than its value.
Now, investors wonder if SVM is worth buying.
What is stratovs?
Stratovm is marketed as a Central Layer -2 solution that mixes the Peti ethereum capabilities with Bitcoin safety.
The main goal of this project, as specific on its official website, is to provide EVM compatibility and standard architecture that will turn Bitcoin into a center for all types of decentralized applications and help in the smooth deportation of Defi applications to Blockchain.
However, it plans to expand the Bitcoin benefit within the Defi space, ensuring that applications and protocols can benefit from decentralization with deep roots and in advance security.
Moreover, being a layer 2 project, it deals with the main bitcoin pain points such as the slow implementation of trade and high costs by enabling the fast transactions almost an immediate end.
Stratovm landed on Testnet at the end of last year so that developers, users and protocols can explore their features before its full launch. At the time of the press, at least 2,219159 transactions and 113,312 wallet addresses were recorded in the experimental stage.
Although its main launch date was not publicly published, the project has already collected SVM codes for those who have already participated in Testnet.
SVM price analysis
After being launched on the uniswAP two days ago, SVM was showing strength and working on its way to the encryption scheme.
Crypto Layer-2 has achieved a four-digit pump in the past seven days, thanks to the latest recovery at the market level and the excitement surrounding the upcoming MainNet launch.
Diving on the technical side of SVM refers to a short -term bullish momentum, as it works 0.023 dollars as an instant support zone. As long as the price remains higher than this level, the SVM market remains in a strong position to pay up.
The main resistance levels can be determined at a mark of $ 0.25, distinctive ATH. If SVM violates this technical level, it may pave the way for further upward trend, and to cancel new levels. On the downside, support is still at $ 0.02, and acts as a buffer against deep corrections. Below, $ 0.001 provides the following safety net.
If sellers get control, SVM/USD can test $ 0.001, a level that may attract great attention to purchase. The transmission of the Macd graph towards positive lands is allowed to potential power, but failure to maintain gains can lead to more negative exploration.
Predicting SVM price
short term
A look at the miniaturization on the daily graph shows a bullish image, as buyers maintain a strong domination of their sellers’ counterparts. However, since the distinctive symbol is already in the peak area, it is expected to be a short -term correction.
In such a case, SVM may return to the $ 0.14 support zone in the coming days. This short -term reflection is likely to follow another pump, fueled by a potential CEX menu and increased participation in Testnet.
Long -term
The impressive numbers that have already been recorded in the continuous Testnet stage of Stratovm show that Blockchain users are really really interested in what they offer.
The community’s participation in the project was also a driving force, thanks to its activity on social media platforms such as X, Telegram and Discord. This is in addition to its strategic partnerships with at least 50 partners, including Celestia, Intract, Solo Chain, and non -neglected.
A mixture of these elements was leading the bowl around Strifam, which enhances the investor’s interest and pay the growth of equivalent prices with SVM.
However, despite early success, the only factor that can put Stratovm as a major competitor in the BTCFI scene is ultimately reaching Mainnet.
The next launch – which is expected to happen before the end of the first quarter of 2025 – will be very important in maintaining interest around the project, which may lead to high demand and SVM price $ in the long term.
Should you buy SVM?
Given the tremendous growth capabilities within the Bitcoin Defi space and the changing innovations of the game that Stratovm promised, this may be an investment option that deserves both short and long investors.
Its low position in size is another reason that many believe can provide significant returns to the first investors.
However, since the market is moving in the waves and no one can accurate Solaxy (Solx)That already raised nearly $ 25 million in the early stages of its priority.
Like SVM, Solaxy will soon be released Roll-UP Layer-2, which will be essential in treating Solana problems, including network congestion, expansion limitations, and continuous stopping time, especially during dense traffic periods.
Paid transactions will be processed outside the chain by the batch and the results will be restored for confirmation. This innovative approach helps reduce the burden of work on Solana without sacrificing its security.
The next attractive side of Solaxy is its multiple appeal. While improving the Blockchain performance with Rollup, which was tested in the battle, the Layer-2 series will also act as a bridge between Solana and Ethereum, thus simplifying the transfer of assets across both chains.
Immigure is another function that increases FOMO atmosphere around this project. Those who participate in a period between them today will still have an annual centenary return of about 160 %.
Looking at the fact that Solaxy is the first project ever in Solana, many see it as a trial bet on Mainnet Layer-1 and look to anywhere between 50x and 100x.
