SWEAT (SWEAT) Price Prediction

Deep Dive

1. Tokenomics Shifts (Mixed Impact)

Overview: SWEAT executed its largest 2025 burn (150M tokens) in August, reducing circulating supply by 2.1% (SweatEconomy). Fixed staking APYs reached 12% in July 2025, locking ~18% of circulating supply according to wallet activity.

What this means: Burns could counter inflation from new user mints (current rate: 1 SWEAT/1,050 steps). However, staking unlocks and exchange listings like BYDFi’s July 2025 debut (BYDFi) risk concentrated sell-offs if yields dip below 10%.

2. Move-to-Earn Market Dynamics (Bearish Risk)

Overview: Sweatcoin’s 110M non-crypto users face conversion friction – only 6.5M SWEAT wallets exist as of July 2025 (Sweat Wallet). Rivals like STEPN now offer 23% APY staking, intensifying sector competition.

What this means: SWEAT’s 1-year price drop (-67%) reflects slower Web3 adoption than projected. The NEAR Protocol integration’s low fees help, but user growth must outpace token minting (up 5% monthly) to avoid dilution.

3. Regulatory Catalysts (Bullish Potential)

Overview: The U.S. open banking ruling (finalized Oct 2024) faces court challenges – a pro-crypto outcome by July 2026 could let 37M Sweatcoin users directly swap health data for SWEAT via APIs (Weex).

What this means: Legal clarity might unlock SWEAT’s B2B revenue stream (currently 815K beta users). However, banks’ stablecoin expansion (e.g., JPMorgan’s JPMD) could siphon institutional interest from niche tokens.

Conclusion

SWEAT’s path leans on converting its massive Web2 user base while managing inflation – a 10% APY staking floor and >100M quarterly burns would signal bullish momentum. Does NEAR’s scalability justify SWEAT’s 0.196 turnover ratio against rivals’ 0.3+ averages?