Ellipsis is a decentralized exchange with over $250K of daily worth in trading. It exists on the BNB Chain, which means you can only trade a limited number of cryptocurrencies. For example, you’ll need to find another platform to exchange BTC to ETH. But if you have BNB or other currencies on this chain, this service is great for swapping them. What about the actual EPS coin and its worth? Our experts discuss its potential for the coming years.
What Is EPS?
EPS is the initial native token of the Ellipsis network. It was the currency serving the decentralized exchange until 2022. At that point, the developers announced the coin would migrate to EPX. The new token comes as a part of the Ellipsis 2.0 or Ellipsis.finance. Curve.fi authorized this fork, which implements vital new features.
Compared to Ellipsis 1.0, the new version comes with rewards for gauge and weight voting. Token owners can use their coin weight when voting on different matters and which pool will receive rewards. Users receive rewards for providing liquidity, and locking tokens will enable a boost to that rate. If you are an EPS owner, the good news is the migration doesn’t have a deadline.
Current Market Performance of EPS
EPS token is currently worth around $0.242 (by December 2024). It has a market cap above 17 million and the current circulating supply is around 723 million coins. If we analyze the coin’s performance in the last 12 months, we see about a 20% growth. EPS was worth $0.02076 at the start of 2024.
Before we proceed to EPS price prediction, it might be interesting to mention that EPX is now worth $0.00003932. It does have a lot more circulating coins, with the number now set at 76.3 billion. Its market cap is actually lower than EPS and it’s about $3 million.
Price Predictions for EPS
If we focus on price prediction for 2025, it shows us some interesting things. Here’s an overview:
- Q1. In January, EPS can expect a significant jump. Its value could be anywhere from $0.046 to $0.0875. After the extremely positive month, some stabilization will occur. As a result, EPS could drop to $0.60 in February and go up to $0.084 in March.
- Q2. Although April shouldn’t bring much turbulence, EPS could face another drop in May and June. The coin’s worth could be anywhere from $0.053 to $0.065 before the quarter ends.
- Q3. The forecasts put the coin at around the same level during this time. They are most optimistic for July and will go up to $0.063 in September, but the value might go down to $0.046.
- Q4. Forecasts for October put the coin anywhere from $0.045 to $0.0677. The value will remain about the same in November, while forecasts for December are at a minimum of $0.0611. And that’s good news because it indicates EPS will gain about two times its value compared to the end of 2024.
Long-Term Price Outlook
As for the forecast beyond 2025, it largely depends on the overall crypto market success. If Bitcoin keeps blooming and the industry keeps up with innovation, things will look good for Ellipsis, too. Yes, more and more people will migrate to EPX, and that’s certainly worth consideration. However, don’t neglect the idea of keeping EPS coins as an asset.
Experts believe that EPS has the potential to gain some value in the coming years. The coin could reach $0.07 in 2027 and even go beyond $0.13 in 2030. EPX also has promising forecasts. Predictors believe it could double its value in 12 months and triple it by the end of the decade. The overall decentralized finance market will grow, along with the popularity of NFT tokens. Blockchain adoption will keep increasing, and that will positively affect both currencies.
EPS Price Outlook: The Road Ahead for 2025 and Beyond
It all comes down to whether Ellipsis will keep being a successful project. At this time, it generates enough interest in the Ethereum network. The locking concept led to about 12 billion EPX coins, which is about a sixth of its circulating supply.
Although there’s no deadline, EPS owners will likely look to migrate to EPX tokens sooner or later. Our advice is to be a bit patient and do the calculations on when the best time to make your move is.
