As of January 2021, the price of NEAR had grown by more than 1,300% compared to its all-time high. There were several price records set by the coin, but then it fell back to strong support levels following the price record set. Is it likely that NEAR will be able to demonstrate the same great results next year in the same manner?
It has taken some of the most talented and knowledgeable tech and network experts to create the robust solutions offered by NEAR Protocol, a testament to the brains and the efforts that have gone into making these remarkable solutions possible.
Involving two developers with extensive experience in programming, Alex Skidanov, and Illia Polosukhin, the application was designed and created by these two developers.
The native token of the NEAR Protocol is called NEAR, and it is used as a means of transferring funds and paying storage fees. A siloed network of payment gateways can be consolidated into a faster, more secure, and more efficient ecosystem when silos are removed, providing all users with fast, low-cost, and secure payment gateways.
As part of NEAR’s heritage and values, the project adheres to a framework that emphasizes greater economic equity and opportunity for all through the pursuit of research, education, and philanthropy.
Near Protocol (NEAR) Price Prediction and Forecast 2023-2025-2030
The price of NEAR has been on a downward trend, falling from over $20 to an all-time low of $3.0 in the last few months. It is important for the token to perform similarly to when it reached its all-time high in order to improve its performance and become a top investment opportunity.
Despite the fact that NEAR Protocol is a strong community, the price of NEAR Protocol is influenced by a variety of news stories and factors. In order to fully launch the functionality of the NEAR platform, it needs to go through a series of development stages.
There are some developments that may have a short-term effect, while there are others that may have a long-term impact. NEAR’s price will always be influenced by a variety of factors, including the development of the ecosystem and the general market sentiments, as well as demand-supply conditions.
As the years 2023, 2025, and 2030 approach, let’s take a look at what may happen to the coin.
Near Protocol (NEAR) Prediction 2023
With the continued growth of NEAR Protocol, our algorithm suggests that in 2023, the highest price of NEAR Protocol is likely to reach $4.15; however, the average price for the year is likely to remain around $4.00. However, it should be noted that the minimum price NEAR Protocol can reach in 2023 is $1.41 if there is a bear market.
Price Prediction Websites
It has been estimated that the price of NEAR Protocol will reach $1.65 by the beginning of June 2023, as predicted by TradingBeasts. There is an expectation that the price will reach a maximum of $2.07 and a minimum of $1.41. At the end of the month, the NEAR Protocol price is predicted to reach $1.65 per token.
Based on the information provided by DigitalCoinPrice, NEAR is expected to cross the price level of $3.82 by the end of the year; NEAR Protocol is expected to reach a minimum fee of $3.44. It is also predicted that the price of NEAR is capable of getting as high as $4.15 at this time.
Prediction and Forecast Youtube Channels
Taking a look at the previous performance of the NEAR protocol, a video from Crypto University suggests that there is a good chance that it can rise in 2023.
Even though we cannot know the future by following the past performance of Bitcoin, we can predict that NEAR and other altcoins will rise as well if Bitcoin shows green candles during that particular year. There is a suggestion in the video that we may see a new ATH by the end of the year.
NEAR Forecast 2025
It is predicted that NEAR Protocol will be able to reach a maximum price of $48.38 in 2025 with an average price of $20 on the basis of the continued growth of capital in the crypto market. We believe that a sell-off is likely to occur, in which case, the minimum price expected in our prediction is $5.37.
Price Prediction Websites
In a study conducted by PricePrediction, by the end of the current year, the price of NEAR Protocol is expected to reach an average level of $5.52; by the end of the year, the expected minimum price value of NEAR Protocol will be $5.37. Furthermore, the price of the NEAR Protocol can reach a maximum level of $6.14 by the end of the year.
In order to predict where the price of NEAR Protocol could go in the long run, it is important to compare the development of NEAR Protocol against other important technological innovations and trends.
If the NEAR Protocol’s growth trajectory followed the growth of the internet or large tech companies like Google and Facebook during their growth phase, as illustrated in the table below from CoinCodex, its price would be around $90 by the end of 2023, 2024, and 2025.
NEAR’s price prediction for the year 2025 is $ 48.38 based on the best-case scenario if it follows Facebook’s growth trajectory. In the case that NEAR Protocol grew in accordance with Internet growth, then the prediction for 2025 would be $9.54 per user.
Prediction and Forecast Youtube Channels
There is a video from Crypto University that discusses the price of NEAR in 2025 and the reasons behind it. As we see in the video, the coin may be able to go as high as $82.62 in that year, but if the market turns bearish, the coin might be able to go as low as $43.58.
Near Protocol (NEAR) Price Prediction 2030
It is expected that NEAR Protocol will be one of the most talked about protocols among tech enthusiasts in 2030. With a new ATH estimate of $55.31, the new minimum price of the NEAR Protocol maybe $37.24. If NEAR Protocol ends in 2030 at $22.12, that would be the worst case scenario.
Price Prediction Websites
Based on the prediction of DigitalCoinPrice, the price of NEAR is expected to cross the $22.29 mark at the end of the year, and NEAR Protocol is expected to reach a minimum fee of $22.12 at the end of the year. There can also be a possibility that the NEAR price will reach a maximum level of $22.39.
A price prediction made by PricePrediction states that by 2030 the price of NEAR Protocol is expected to cross a minimum price level of $37.24 and an average price level of $45.53; at the end of the current year, we expect its price to hit an average price level of $45.53. In addition, NEAR can reach a maximum price level of $55.31.
Why is Near Protocol a good investment?
As mentioned earlier, NEAR is a promising network with the capability of hosting other applications as well. It is likely that the network will be used to build influential projects in the future.
Based on the information available in the pipeline, a native stablecoin on the Near Protocol (called USN) was introduced in April 2022 – an event that has ignited DeFi capital rotation into the Near ecosystem, which in turn has sucked the total value locked in another alternative layer one protocols into the Near ecosystem.
In the event that you are an investor looking to diversify your investments into other Layer 1 networks, NEAR might be a great investment option for you. It is important to note that NEAR might not be the best investment for those investors who are looking to earn high returns over a short period of time.
Where to buy Near Protocol (NEAR)?
Many users are looking for opportunities to trade Near, and it is one of the top coins that can be found online. A number of top crypto exchanges offer pairs of this coin with other main coins like USDT, BUSD, BTC, and ETH on their exchanges.
The top two exchanges that offer NEAR pairs with the highest trading volume are Binance and Kucoin, which are both among the ones with the highest trading volume. The coin is also supported by many other exchanges, such as Kraken, Bitstamp, and Bitfinex, among others.
It is necessary for you to sign up on a centralized exchange before you can trade NEAR in it, and you will need to deposit the supported pair, such as USDT, from your wallet or another exchange. If you want to trade on some of the exchanges, you will have to provide KYC information, which is personal information about yourself.
The NEAR exchange is also supported by decentralized exchanges as well, which do not require KYC but have a lower volume of users. The PancakeSwap DEX is a good choice if you prefer to buy NEAR from DEXs rather than coin exchanges.
The price of the NEAR Protocol does not have any correlation with the current value of the protocol and its future price. However, the future of the market is dependent on the factors that emerge during the market’s growth and development phase. Those are the factors that will determine how successful a NEAR will be in the future.
The topic could also be the subject of your study if you so desire. In order to make a good decision, you will need the help of token holders as you are a first-time buyer in this market. Because the crypto market is highly volatile, it can be very difficult to estimate in advance the exact value of any one currency due to the volatile nature of the market.
This cryptocurrency has been around for a long time and has been performing well up to this point in its history. In order to make a good investment in NEAR Protocol, you will have to wait until the market dumps before making a significant investment in the coin.
The Price Predictions published in this article are based on estimates made by industry professionals, they are not investment recommendations, and it should be understood that these predictions may not occur as described.
The content of this article should only be taken as a guide, and you should always carry out your own analysis before making any investment.