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$SUSHI â Whatâs happening now
SushiSwap (SUSHI) is under pressure: according to recent tracking, the token is down sharply over the past year, losing more than 60-70% in value.
-âA key concern: its âtotal value lockedâ (TVL) has collapsed from over $8 billion in 2022 to around $100 million in late 2025 â a 98â99% drop.
-âThat collapse reflects shrinking liquidity and reduced user activity â major risks for any decentralized exchange.
đ What SushiSwap is doing â and why it matters
SushiSwap underwent a leadership change recently: Alex McCurry (founder of Synthesis) acquired 10 million SUSHI tokens and took control on December 1, 2025, aiming to steer the protocol toward recovery.
On December 4, a governance proposal was introduced to increase annual SUSHI emissions from 1.5% to 5%, intended to fund protocol-owned liquidity (POL) and improve core pool liquidity.
At the same time, SushiSwapâs 2025 roadmap outlines ambitious product launches â including new tools like on-chain order book DEX, cross-chain integrations (e.g. on Solana), and a new AMM model to eliminate MEV on âblue-chip assets.â
â ď¸ Whatâs still uncertain / risk factors
Despite the roadmap and leadership change, demand for SUSHI remains quite weak: technical-analysis models show bearish sentiment â e.g. projected average price through end of 2025 stays below $0.33, with only modest upside and support zones around $0.30-$0.32.
High emissions risk diluting the value of existing tokens if liquidity and usage donât rebound.
Competition is intense: other DEXs on newer chains, plus the overall volatility & macroeconomic uncertainty in cryptocurrencies â SushiSwap must deliver real usage and adoption to recover.
#sushi #BTCVSGOLD #TrumpTariffs #USJobsData #SUSHI/USDT