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I just noticed Swipe (SXP) in the watchlist. A few days ago, I saw some fluctuations, so I looked into what Swipe is and why people are interested.
From what I found, Swipe is a decentralized Layer 1 blockchain focused on peer-to-peer payments. It is managed by a DAO with an authorization system from validators, and SXP is the native token used for transactions and staking. This structure is quite interesting compared to many other projects.
The cool thing is that Swipe seems to be focusing on interoperability and governance, which the crypto community is expecting. But looking at the current price, SXP still appears to be quite calm. Recent data shows that this token is in a consolidation phase.
I'm not sure where it will go, but if you're interested in decentralized payment projects, what is Swipe really worth exploring? The community is still watching to see how it develops in the coming period. Anyway, always remember to DYOR before making any decisions.