Status (SNT) Price Prediction

Deep Dive

1. Gasless L2 Rollout (Bullish Impact)

Overview: Status launched a gasless Layer 2 on Linea’s zkEVM in July 2025, eliminating fees by redirecting yield from bridged assets (e.g., stETH) to fund builders and users. Testnet v2 with anti-spam features and yield routing debuts October 2025, ahead of Q1 2026 mainnet.

What this means: Successful adoption could drive SNT demand via governance (staking required for decision-making) and potential buybacks from protocol revenue. Failed scaling or low developer uptake could stall momentum.

2. Developer Fund & Tokenomics (Mixed Impact)

Overview: On July 14, 2025, Status migrated its 8-year-old developer fund to a new multisig wallet, earmarking SNT for core app/L2 development and grants.

What this means: Transparent fund allocation may boost credibility, but 4.79B circulating supply (70% of max) and -17% 60d price drop signal persistent sell pressure. Buyback approvals via governance could counter dilution.

3. Market Positioning Risks (Bearish Pressure)

Overview: SNT lags behind Ethereum’s +13% 30d gain, with RSI 34.3 (oversold) and MACD -0.000217 indicating weak momentum. Altcoin Season Index fell -11% weekly to 62, reflecting capital rotation from mid-caps.

What this means: Broader crypto strength (market cap +8% 30d) hasn’t lifted SNT, suggesting low liquidity (vol/mcap 10.3%) and narrative dependence on L2 execution.

Conclusion

Status’ price hinges on L2 traction by early 2026 and governance-driven tokenomics tightening. While its gasless model aligns with Ethereum’s scalability push, SNT must overcome weak technicals and prove its $107M valuation. Will October’s testnet v2 attract measurable TVL ahead of mainnet?