STEEM Monthly Charts: 2025 Summer Trends and Seasonal Patterns

According to @coingecko, the August STEEM price closed at $0.130205 and the Labor Day (USA) price closed at $0.127410, so it's time for another update on the monthly and seasonal price movement.

As mentioned before, the Labor Day holiday is the unofficial end of summer in the US, so I've been using Memorial and Labor Day to test the old adage, "Sell in May and go away". Conveniently, Thoth recently discovered the summer post, and it seems that I haven't done any monthly posts after that, so this post will contain new numbers for June, July, and August (plus Labor Day).

As you may recall, the "Sell in May and Go away" adage was 6 for 9 when I posted in June. This summer, the price dropped by $0.01725 from $0.14466 to 0.12741, so the adage scores another win. It now has a 7 and 3 win/loss record. This is also the 4^th year in a row with summer declines. On a more optimistic side, the back side of the track, Labor Day to Memorial Day, has gained during 5 years out of 9, so maybe we can hope for a change in direction now.

Here's the table from the June post, updated with yesterday's close.

Date	Close	Summer Change	Summer Direction	Winter Change	Winter Direction	Holiday
2025-09-01	$0.13	-$0.02	Down			Labor Day
2025-05-26	$0.14			-$0.02	Down	Memorial Day
2024-09-02	$0.16	-$0.12	Down			Labor Day
2024-05-27	$0.28			$0.13	Up	Memorial Day
2023-09-04	$0.15	-$0.03	Down			Labor Day
2023-05-29	$0.19			-$0.03	Down	Memorial Day
2022-09-05	$0.22	-$0.05	Down			Labor Day
2022-05-30	$0.27			-$0.34	Down	Memorial Day
2021-09-01	$0.61	$0.05	Up			Labor Day
2021-05-31	$0.56			$0.39	Up	Memorial Day
2020-09-07	$0.17	-$0.05	Down			Labor Day
2020-05-25	$0.22			$0.05	Up	Memorial Day
2019-09-02	$0.17	-$0.26	Down			Labor Day
2019-05-27	$0.43			-$0.56	Down	Memorial Day
2018-09-03	$0.99	-$1.16	Down			Labor Day
2018-05-28	$2.15			$0.90	Up	Memorial Day
2017-09-04	$1.25	$0.33	Up			Labor Day
2017-05-29	$0.92			$0.15	Up	Memorial Day
2016-09-05	$0.77	$0.34	Up			Labor Day
2016-05-30	$0.43					Memorial Day

Summary Info:

• Summer Gains / Losses: 3 / 7
• Winter Gains / Losses : 5 / 4

So now, let's move on to the monthly charts.

(Obviously, ignore September of 2025, since it only has one day of data.)

Monthly percentage changes

Monthly price changes (USD)

Monthly closing prices (USD)

Wrap-up

In summary, the price declined during June and August, but gained in July. The July increase wasn't enough to offset the losses, so the summer change also declined.

To date, it appears that the fewest positive months per year stands at 3 (2016 and 2018). In order to beat that, we'd need to see at least 2 of 4 months with gains during the September-December time frame.

The other cliché that I have been watching (just for fun) is, "As goes January, so goes the year." This year, January was down. So, to challenge the adage, we would need the Steem price to rise above $0.25 by the December 31 close. Time will tell.

Bottom line: In my opinion, the STEEM price is still being impacted by elevated inflation that resulted from the February upbit delisting of SBDs and subsequent SBD to STEEM conversions. Inflation rates are down from their extreme highs in Q1, but last time I checked, they were still hovering about a point above the blockchain's base inflation rate. SteemDB is currently unreachable, so I can't get today's numbers (side question: Does anyone know why that site is so reliably unreliable?). As long as SBD conversions continue at scale and the price of STEEM remains below the haircut price, inflation will remain elevated.

Finally

Make your predictions here (just for fun):

• September 30: up or down?
• December 31: Over/under $0.25?
• Memorial Day, 2026: Over/under 0.12741?