The post Near Protocol Price Prediction 2023, 2024, 2025: Will NEAR Reach $10? appeared first on Coinpedia Fintech News
The global crypto market has been generous enough to emerging protocols and its native assets. A number of sprouting protocols have managed to establish their reign in the industry. One such is the Near Protocol, which has been growing in prominence. The network’s traits such as higher transaction speeds, climate neutrality, and lower transaction fees have been adding feathers to its superiority.
NEAR is the native asset of the Near Protocol, which is used for activities like completing transactions on the network. For participating in the staking procedures and governance procedures, amongst others. The altcoin holds an ROI of 342.07%. Are you considering NEAR for your portfolio, but doubtful of its returns? Look no further, as we decode the possible price prediction of NEAR for 2023 – 2025 and the years to come!
Table of contents
Market Top Gainer 
10.902%
-12.721%Overview
| Cryptocurrency | Near Protocol |
| Token | NEAR |
| Price | 2.2530 |
| Market cap | $ 0.0000 |
| Circulating Supply | 0.0000 |
| Trading Volume | $ 0.0000 |
| All-time high | $ 0.0000 Jan 1, 1970 |
| All-time low | $ 0.0000 Jan 1, 1970 |
Near Protocol Price Prediction 2023 – 2030
What Is Near Protocol?
Near Protocol is a decentralized network, which employs the Proof-of-Stake (PoS) consensus mechanism. The network is a climate-neutral, high-speed, and low transaction fee, layer-1 blockchain. Which aims to create an ecosystem, that is scalable and accessible to a broader audience.
The Blockchain.com also intends to solve the limitations such as low transaction speeds, interoperability, and throughput, among others. The Near Protocol works in compliance with Ethereum, Polkadot, Cosmos, and more. Which enables the linear flow of assets and communication between the networks.
The network employs its sharding tech, which is known as the Nightshade. The network has been using Doomslug, which provides solutions to the scaling problems.
NEAR Price Forecast 2023
The altcoin could set the charts ablaze, provided the developmental initiatives such as Nightshade Sharding, and decentralization for Web 3.0. Manage to bring in mass adoption over the course of time.
Continuing a bullish stance with supplementing catalysts such as scalability, transaction throughputs, decentralization, and lower transaction costs could increase transaction volumes. Which could push the altcoin price to $2.704.
On the flip side, an ebbing userbase and a possible market dump could slash the price down to $1.965. That said, the average price can be anticipated at $2.334.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | 1.965 | 2.334 | 2.704 |
NEAR Crypto Price Prediction 2024
If the team behind Near Protocol release the necessary resolutions to the framework while hosting community-driving initiatives. The phase 3 of sharding is scheduled for 2024, which will dynamically adjust the number of shards based on demand and supply. Further seeking impetus from the optimism built by Bitcoin’s halving event, NEAR’s price could soar to a maximum of $3.964.
On the downside, factors like regulatory clampdowns can slump the price to $2.713. Consequently, constrained by the linear trajectory, the regular price might find its base at $3.238.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 2.713 | 3.338 | 3.964 |
Near Protocol Price Prediction 2025
Growing environmental concerns and the need for decentralization could be imperative in the price action of NEAR. As it could bring in a spike in adoption and alliances, this could impart impetus to NEAR’s move to $5.706.
On the other hand, negative criticism and emerging potential rivals could drag the price down to $3.627. Successively, the lack of fulfilling initiatives could land the price at $4.666.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 3.627 | 4.366 | 5.106 |
Near Protocol Price Prediction 2026 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 5.261 | 6.017 | 6.892 |
| 2027 | 7.010 | 7.926 | 8.919 |
| 2028 | 9.669 | 10.616 | 11.561 |
| 2029 | 14.216 | 15.115 | 16.027 |
| 2030 | 19.961 | 21.322 | 22.656 |
Near Price Forecast 2026: According to our analysts, Near Protocol coin price prediction for the year 2026 could range between $5.261 to $6.892 and the average price of Near could be around $6.017.
Near price prediction 2027: According to our analysts, Near Protocol price for the year 2027 could range between $7.010 to $8.919 and the average price of Near could be around $7.926.
Near Protocol Prediction 2028: According to our analysts, Near crypto prediction for the year 2028 could range between $9.669 to $11.561 and the average Near Protocol coin price could be around $10.616.
Near coin price prediction 2029: According to our analysts, Near Protocol’s forecast for the year 2029 could range between $14.216 to $16.027 and the average Near coin price could be around $15.115.
Near Protocol Price prediction 2030: According to our analysts, Near predictions for the year 2030 could range between $19.961 to $22.656 and the average Near Protocol price could be around $21.322.
CoinPedia’s NEAR Price Prediction
According to CoinPedia’s formulated price prediction of NEAR. The digital asset could escalate to its potential high of $2.704, by the end of 2023. Provided it seeks impetus from initiatives such as Nightshade sharding and decentralization for Web 3.0.
On the flip side, the price could find support at $1.965, if it loses out on steam, amidst stiff competition. That said, its climate-neutral traits could push the price to $20 in the next five years.
What Does The Market Say?
| 2023 | 2024 | 2025 | |
| Wallet Investor | $0.123 | $0.176 | $0.128 |
| DigitalCoinPrice | $4.37 | $5.84 | $7.51 |
| PricePrediction.net | $2.58 | $3.75 | $5.66 |
| Trading Beasts | $1.948 | $3.089 | $3.762 |
*The aforementioned targets are the average targets set by the respective firms.
Company Details
near protocol
- Blockchain Network
NEAR is a layer-1 blockchain network that is scalable and secured, with a focus on ease of useability. The Near Protocol is designed in such a way that both creators and developers can get empowered, who can earn 30% of the fees their contracts generate, and can earn rewards for validating transactions. The community exists to allow community-driven innovation to benefit people around the world. NEAR was established in the year 2017 and the company is based in San Francisco, California. NEAR operates similarly to other centralised data storage systems. The network serves as the base layer on which applications are built. NEAR is operated and maintained by a distributed network of computers. The NEAR Protocol facilitates a similar architecture built around a network of computers and its native cryptocurrency, the NEAR token. The strong fundamentals of the network make it an ideal option for the creation of dApps.
Fundamental Analysis
Near Protocol was founded by Alexander Skidanov, and his co-founders Illia Polosukhin and Erik Trautman. Alexander Skidanov is a computer scientist, who had previously worked for Microsoft and went on to join memSQL. Illia Polosukhin had worked as a lead contributor for TensorFlow at Google. Erik Trautman holds experience in Wall Street and is also the founder of Viking Education.
The Near Protocol’s mainnet went live in the April of 2020. The validators voted to unlock token transfers in October of 2020. The network is a community-driven cloud infrastructure, which is used for the deployment and operation of dApps. The protocol offers both a decentralized database and a server-less computation platform.
NEAR is the ecosystem’s primary native asset. It is used to complete transactions and store data. Alongside participation in the staking procedure and governance procedure. The total supply of NEAR is capped at 1 Billion tokens. While the current circulating supply is at 674,853,202.
Near Protocol Historical Market Sentiments 2020 – 2021
- The month of August marks the formation of the Near Protocol. When the founders had called for a team to create a scalable, fully sharded, and permission-less blockchain.
- The first known trade value of NEAR was $1.072, which was seen on the 14th of October. On the same day, the wick had brushed levels of $1.884.
- The spike was short-lived as the asset took a downswing. Which led to the price finding support at $0.538, by the 5th of November. Followed by a leg-up the altcoin closed its annual trade at $1.459.
- The year 2021 was initiated with an uptrend at a starting price of $1.305. The digital asset managed to climb up to its new ATH of $7.572, by the 13th of March.
- A prolonged downswing took the price took the price to $1.537, by the 19th of July. An inclining ascend took the price to $11.776, by the 9th of September, an uptrend escalated the price to $13.168, by the 26th of October.
- November 15th marked the launch of “Nightshade” sharding when the price was seen at $12.046. That said, the annual trade was closed at $15.793.
FAQs
The protocol promotes the network of computers running a platform for developers to create and launch dApps.
The price of NEAR could possibly rise to $2.704, by the end of 2023.
The ATH of the digital asset was hit at $20.42.
The digital asset could rise to its maximum trading value of $5.106, by the end of the next five years. With a potential surge the Near price could reach $22.656 mark by 2030.
The NEAR token is primarily used to pay transaction fees and as collateral for storing data on the blockchain.
Yes, you can directly manage your near protocol with Ledger Live.
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