The CEO of SushiSwap, Jared Grey, recently unveiled an ambitious plan for 2025. In the announcement posted on X, Jared shared that SushiSwap (a DeFi platform) will adopt new initiatives in the coming year. The plan aims to introduce new innovative products focused on building the platform’s financial foundations.
In Depth Look Into SushiSwap’s Products
As Jared highlighted, some of the key products in SushiSwap’s 2025 plan include Wara, Susa, Kubo, and Blade. Wara is a trading platform based in Solana. By investing in Wara, Sushi will move beyond the Ethereum Virtual Machine network and tap into Solana’s ecosystem.
On the other hand, Susa is a new perpetual DEX on-chain order book. It boasts high performance and will allow SushiSwap users to trade perpetual contracts. By integrating Susa, Sushi can provide an efficient and transparent decentralized exchange.
Kubo is a tool that will help the platform launch new markets through delta-neutral strategies. These strategies are usually engineered to reduce exposure to price volatility, making the markets perfect for liquidity providers and market makers.
Another key product is Blade, a liquidity value routing automated market maker (LVR AMM) solution. It is designed to eliminate miner extractable value (MEV), which allows profit miners to reorder transactions. The tool will ensure that SushiSwap provides secure and fair trading to all users.
SushiSwap’s Governance and Expansion
According to Jared, in April 2024, SushiSwap successfully overhauled its governance. This move led to the introduction of Sushi Labs and Sushi DAO, which were established to spearhead the transformation of SushiSwap’s multi-token ecosystem.
The shift in SushiSwap governance will push its entry into new markets. The platform’s initiative to move beyond the Ethereum Virtual Machine (EVM) via its Wara product cements its strategy to venture into Solana.
SUSHI Token Soars
Grey’s announcement has sparked rapid excitement in the crypto market. The price of SUSHI for instance, rose to $2.80 earlier today (Dec. 9, 2024) following the revelation by the SushiSwap CEO.
As of this writing, SUSHI is trading at $2.23 with a trading volume of $1.08 billion in the last 24 hours. This trading volume marks a 60.13% increase, highlighting increased market activity.
Conclusion
Grey’s roadmap revelation showcases SushiSwap’s broader strategy to grow into a leading DeFi platform. With the proposed innovative products and ecosystem expansion, SushiSwap is positioning itself for growth in 2025. While the price of the SUSHI token is far below its All-Time High of $23.38, recorded on March 13, 2021, investors remain optimistic.
