
Swell Network is an important asset in the cryptocurrency field. As of December 23, 2025, SWELL maintains a market capitalization of $6,668,598 with a circulating supply of approximately 3,983,630,831.76 tokens, while the current price hovers around $0.001674. As a non-custodial staking protocol, Swell Network has positioned itself with a mission to deliver the world's best liquid staking and restaking experience, simplify access to DeFi, while securing the future of Ethereum and restaking services. This distinctive positioning has gradually made SWELL a focal point when investors discuss the question "Is Swell Network (SWELL) a good investment?" This article will comprehensively analyze SWELL's investment value, historical price movements, future price predictions, and investment risks to provide reference for investors.
Based on available data, SWELL demonstrates significant price volatility since its launch:
The token has experienced substantial depreciation, dropping approximately 91.6% from its peak valuation within approximately 2.5 months, indicating extreme market volatility and investor losses during this period.
| Metric | Value |
|---|---|
| Current Price | $0.001674 |
| 24-Hour Change | +2.76% |
| 7-Day Change | -9.22% |
| 30-Day Change | -44.2% |
| 52-Week Change | -94.57% |
| Market Capitalization | $6,668,598 |
| Fully Diluted Valuation (FDV) | $16,740,000 |
| 24-Hour Trading Volume | $52,553.58 |
| Market Dominance | 0.00052% |
| Circulating Supply | 3,983,630,831.76 SWELL |
| Total Supply | 10,000,000,000 SWELL |
| Circulation Ratio | 39.84% |
| Token Holders | 41,772 |
Market Sentiment: Neutral (Score: 1)
Swell Network is a non-custodial staking protocol designed to deliver optimal liquid staking and restaking experiences. The protocol aims to simplify access to decentralized finance while securing the future of Ethereum and restaking services.
| Parameter | Details |
|---|---|
| Total Supply | 10,000,000,000 SWELL |
| Maximum Supply | 10,000,000,000 SWELL |
| Circulating Supply | 3,983,630,831.76 SWELL (39.84%) |
| Launch Price | $0.05 |
| Current Price | $0.001674 |
| Price Change from Launch | -96.65% |
| Time Period | Change | Price Movement |
|---|---|---|
| 1-Hour | +0.36% | +$0.000006 |
| 24-Hour | +2.76% | +$0.000045 |
| 7-Day | -9.22% | -$0.000170 |
| 30-Day | -44.2% | -$0.001326 |
| 1-Year | -94.57% | -$0.029155 |
Note: The significant price depreciation from $0.19992 (ATH on September 29, 2024) to $0.001497 (ATL on December 18, 2025) represents a 92.5% decline, indicating elevated volatility and substantial investment risk.
Key observations:
This report presents factual market data and does not constitute investment advice, financial recommendations, or endorsements. Cryptocurrency markets exhibit high volatility and substantial risk. Investors should conduct independent research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results.
Report Date: December 23, 2025
Data Source: Gate Market Data
Language: English

Report Date: December 23, 2025
Data Source: Gate Crypto Data Platform
Swell Network (SWELL) is a non-custodial staking protocol designed to deliver liquid staking and restaking experiences while simplifying access to DeFi and securing Ethereum's future. As of December 23, 2025, SWELL trades at $0.001674 with a market capitalization of $6.67 million, ranking 1,376 among cryptocurrencies. The asset exhibits significant bearish pressure, with notable declines across multiple timeframes and technical indicators suggesting cautionary positioning.
| Timeframe | Price Change | Absolute Change |
|---|---|---|
| 1 Hour | +0.36% | +$0.000006 |
| 24 Hours | +2.76% | +$0.000045 |
| 7 Days | -9.22% | -$0.000170 |
| 30 Days | -44.20% | -$0.001326 |
| 1 Year | -94.57% | -$0.029155 |
| Indicator | Value | Signal |
|---|---|---|
| Average Directional Index (14) | 52.51 | SELL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 22.82 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
The moving averages for SWELL/USD demonstrate a strong sell outlook, with technical analysis showing zero buy signals and 12 sell signals across the MA5 to MA200 range.
The 94.57% one-year decline and 44.20% thirty-day decline represent substantial losses, with technical indicators predominantly favoring sell positions. The extreme fear market sentiment aligns with bearish technical positioning.
Low trading volume relative to market capitalization creates challenges for entry and exit execution, particularly for larger position sizes.
High token supply concentration in early circulation phases creates potential dilution pressure as additional tokens enter circulation through vesting or distribution schedules.
Swell Network (SWELL) currently exhibits characteristics consistent with a distressed micro-cap asset. While the protocol addresses legitimate demand for non-custodial staking solutions, the current investment environment—characterized by extreme fear sentiment, predominantly bearish technical signals, significant historical decline, and limited liquidity—suggests cautionary positioning. The project's technical foundation in staking infrastructure provides potential long-term utility, but near-term price dynamics indicate elevated risk for capital preservation.
This analysis is based on publicly available data as of December 23, 2025, and does not constitute investment advice.
Market Phase Expectations: SWELL is expected to experience gradual price appreciation with increasing market adoption. The project aims to enhance its non-custodial staking protocol capabilities and expand DeFi accessibility across the Ethereum ecosystem.
Investment Return Projections:
Key Catalysts: Protocol improvements, expanded staking services, increased institutional adoption of liquid staking solutions, and growth in Ethereum's DeFi ecosystem activity.
Base Case Scenario: USD 0.001828 - 0.003081 (Assumes steady protocol development and moderate market adoption growth)
Optimistic Scenario: USD 0.002813 - 0.003241 (Assumes significant adoption of Swell's liquid staking solutions and expanded DeFi integration)
Risk Scenario: USD 0.001000 - 0.001636 (Assumes continued market headwinds and competitive pressure from established staking protocols)
For comprehensive long-term SWELL investment analysis and price forecasts, visit: Price Prediction
Base Case: USD 0.001828 - 0.002814 (Corresponding to steady protocol development and gradual ecosystem expansion)
Optimistic Case: USD 0.002813 - 0.003241 (Corresponding to mainstream adoption of liquid staking and favorable market conditions)
Transformative Case: USD 0.003500+ (Should the protocol achieve breakthrough innovations and achieve mass adoption)
December 31, 2030 Forecast High: USD 0.002982 (Based on optimistic development assumptions)
Disclaimer: The foregoing analysis is provided for informational purposes only and does not constitute investment advice, financial recommendations, or solicitation to buy or sell SWELL or any cryptocurrency. Cryptocurrency markets are highly volatile and unpredictable, and price forecasts carry substantial uncertainty. Investors should conduct their own research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.00172628 | 0.001676 | 0.00152516 | 0 |
| 2026 | 0.001871254 | 0.00170114 | 0.0015140146 | 1 |
| 2027 | 0.00230419413 | 0.001786197 | 0.00100027032 | 6 |
| 2028 | 0.00304734139185 | 0.002045195565 | 0.001636156452 | 22 |
| 2029 | 0.003080984858894 | 0.002546268478425 | 0.00168053719576 | 52 |
| 2030 | 0.002982444268779 | 0.002813626668659 | 0.001828857334628 | 68 |
Swell Network is a non-custodial staking protocol designed to deliver the world's best liquid staking and restaking experience, simplify access to DeFi, while securing the future of Ethereum and restaking services.
| Metric | Value |
|---|---|
| Token Symbol | SWELL |
| Current Price | $0.001674 |
| Market Cap Ranking | 1,376 |
| Total Supply | 10,000,000,000 |
| Circulating Supply | 3,983,630,831.76 |
| Market Capitalization | $6,668,598.01 |
| Fully Diluted Valuation | $16,740,000.00 |
| Total Holders | 41,772 |
| Algorithm | ERC-20 |
| Timeframe | Change % | Price Change |
|---|---|---|
| 1 Hour | +0.36% | +$0.000006 |
| 24 Hours | +2.76% | +$0.000045 |
| 7 Days | -9.22% | -$0.000170 |
| 30 Days | -44.20% | -$0.001326 |
| 1 Year | -94.57% | -$0.029155 |
| Metric | Value | Date |
|---|---|---|
| All-Time High | $0.19992 | September 29, 2024 |
| All-Time Low | $0.001497 | December 18, 2025 |
| 24-Hour High | $0.001679 | - |
| 24-Hour Low | $0.001589 | - |
The token has experienced severe downward pressure over the past year, with a 94.57% decline from its 1-year perspective, though short-term metrics show minor recovery with a 2.76% gain over the last 24 hours.
SWELL operates across multiple blockchain networks:
| Network | Contract Address | Explorer |
|---|---|---|
| SWELL | 0x2826d136f5630ada89c1678b64a61620aab77aea | https://explorer.swellnetwork.io/ |
| Ethereum (ETH) | 0x0a6e7ba5042b38349e437ec6db6214aec7b35676 | https://etherscan.io/ |
Long-Term Holding (HODL SWELL)
Active Trading
Asset Allocation Guidelines
Risk Mitigation Strategies
Security Measures
SWELL presents a focused investment thesis centered on liquid staking and restaking services for Ethereum. However, the token has faced significant challenges, evidenced by its 94.57% annual decline. The protocol addresses a legitimate demand in the DeFi ecosystem, but market performance indicates either execution challenges, competitive pressures, or broader market sentiment issues.
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⚠️ Warning: Cryptocurrency investments carry substantial risk, including potential total loss of capital. This analysis is provided for informational purposes only and does not constitute investment advice. Investors should conduct their own research, consult with qualified financial advisors, and carefully assess their risk tolerance before making investment decisions.
Report Generated: December 23, 2025
Q1: What is Swell Network (SWELL) and what problem does it solve?
A: Swell Network is a non-custodial staking protocol designed to deliver liquid staking and restaking experiences for Ethereum. The protocol allows users to participate in staking and earn rewards without surrendering custody of their assets. It simplifies access to DeFi services while contributing to Ethereum network security through restaking mechanisms. This addresses the traditional staking challenge where users must lock assets with centralized providers, losing liquidity and control.
Q2: What is the current market status of SWELL as of December 23, 2025?
A: SWELL trades at $0.001674 with a market capitalization of $6,668,598 and a fully diluted valuation of $16,740,000. The token ranks 1,376 by market cap, with 3.98 billion tokens in circulation (39.84% of total supply). The 24-hour trading volume is $52,553.58 across 1 exchange listing. Market dominance stands at 0.00052%, indicating limited institutional adoption. The token holder base comprises 41,772 addresses.
Q3: How severe has SWELL's price decline been?
A: SWELL has experienced extreme depreciation since its all-time high of $0.19992 on September 29, 2024, declining 99.16% to current levels of $0.001674 as of December 23, 2025. The all-time low of $0.001497 was recorded on December 18, 2025. Over the past year, SWELL has declined 94.57%, while the 30-day decline measures 44.20%. The token has lost 96.65% from its launch price of $0.05, indicating severe bearish pressure across all timeframes.
Q4: What are the technical indicators signaling for SWELL?
A: Technical analysis reveals predominantly bearish signals. The Average Directional Index (14) registers 52.51, indicating a SELL signal. Moving average analysis shows zero buy signals and 12 sell signals across the MA5 to MA200 range. The Ultimate Oscillator (7, 14, 28) at 22.82 generates a BUY signal, but this represents a minority technical indicator. The Fear & Greed Index scores 16, reflecting extreme fear market sentiment. MACD, Momentum, and Awesome Oscillator all generate neutral signals.
Q5: What are the price forecasts for SWELL through 2030?
A: Short-term forecasts (2025) range from $0.001525 to $0.001726. Mid-term projections for 2026-2028 estimate $0.001514-$0.001871 and $0.001000-$0.002304 respectively. Long-term base case scenarios project $0.001828-$0.003081 through 2030. Optimistic scenarios suggest $0.002813-$0.003241, while risk scenarios estimate $0.001000-$0.001636. These forecasts assume varying levels of protocol adoption and market conditions but carry substantial uncertainty.
Q6: What are the primary risk factors for SWELL investment?
A: Key risks include extreme price volatility with documented 94.57% annual declines, limited liquidity with 24-hour volume representing only 0.79% of market capitalization, regulatory uncertainty regarding staking and DeFi protocols, smart contract vulnerabilities, technology execution risks, and competitive pressure from established staking solutions. The early-stage token distribution (39.84% circulation) creates dilution pressure as remaining tokens enter circulation. Market concentration risk exists given the limited holder base of 41,772 addresses.
Q7: What investment strategy is most appropriate for SWELL?
A: Conservative investors should allocate 0-2% of their cryptocurrency portfolio using dollar-cost averaging approaches with hardware wallet storage. Active traders should employ technical analysis with strict stop-loss discipline given the extreme volatility. Long-term holders believing in protocol fundamentals should be prepared for extended drawdown periods. All investors should diversify across multiple staking protocols rather than concentrating in SWELL. Position sizing should account for the micro-cap classification and limited liquidity constraints that may result in slippage on larger orders.
Q8: Is Swell Network (SWELL) a good investment currently?
A: SWELL currently presents a high-risk investment suitable primarily for speculative or long-term strategic positioning rather than conservative capital preservation. While the protocol addresses legitimate staking infrastructure demand, current market conditions—including extreme fear sentiment, predominantly bearish technical signals, severe historical depreciation, limited trading liquidity, and early-stage token distribution—suggest cautionary positioning. The protocol has technical merit for long-term Ethereum ecosystem integration, but near-term price dynamics indicate elevated capital loss risk. Investors should conduct independent research, assess individual risk tolerance, and consult qualified financial advisors before investing. This analysis does not constitute investment advice or recommendations to buy or sell SWELL.
Report Date: December 23, 2025
Disclaimer: This report provides factual market data for informational purposes only and does not constitute investment advice, financial recommendations, or solicitation. Cryptocurrency investments carry substantial risk including potential total capital loss. Past performance does not guarantee future results.











