Are you looking for NEAR price predictions and want to invest in Near Protocol? Wait till the end to learn all about Near Protocol before making the purchase decision.
Near Protocol is the new Ethereum killer that has made its way into this market. The recent sale of the token closed a few days back by raising around $21.6 million following the second sale of the token Near Protocol which launched under the prime network successfully.
The near Protocol has already gained greater attention from top investors and is backed by Andreessen Horowitz, a16z with the company that invested funds worth over $515 million.
The team behind the Near Protocol launched almost three projects on the network of Blockchain, and a couple of them are working in Google. The Near project got backed already by more than 23 investors, including Pantera, Block change, Metastable, and Coinbase. Token sale 3 began in 2020, according to the roadmap, and since the trading started.
Sharding is used by the Near Protocol and the Proof of Stake, backed by the novel consensus mechanism, the Nightshade. Ethereum 2.0 concept is almost identical; however, they will offer greater freedom to the creation of the dApps and Blockchain and those who do not have sufficient knowledge regarding Blockchain engineering.
Overview of Near Protocol (NEAR)
| Coin Name | NEAR Protocol |
| Symbol | NEAR |
| Rank | 33 |
| Safety Score | 76/100 |
| Price (USD) | $1.55 |
| Price Change (1h) | 0.19% |
| Price Change (24h) | 2.58% |
| All-Time High | $20.44 92.44% |
| Market Cap | $1,311,810,127 |
| 24h Volume | $78,403,272 |
| Circulating Supply | 844,123,352 |
| Total Supply | 1,000,000,000 |
It is a cloud-computing platform that is operated by the user community. The Near Protocol is the layer one Blockchain developed as a community-based cloud computing platform.
The network is committed to removing obstacles like slow transaction speeds, limited throughput, and poor interoperability that have hindered the growth of competing cryptocurrency platforms. The Decentralized Apps (DApps) ecosystem provided by NEAR Protocol also makes for a user- and developer-friendly platform. For instance, NEAR does not employ lengthy numerical wallet addresses like the Ethereum network, but rather short account names for the NEAR wallet.
NEAR has its own consensus mechanism, also known as the Doomslug, besides offering a unique solution to scale the issues.
Even today, Near protocol is under more development processes by the Near Collective, a community that upgrades the original code for the coin and releases updates to these systems. These were the goals for building a safer platform for managing the higher valued assets, including money or identity, offering the ideal benefits to the users.
NEAR Protocol (NEAR) Price & Market Analysis
NEAR Protocol is presently ranked #33 among all cryptocurrencies, with a price of $1.55. NEAR Protocol has an 844,123,352 supply now in circulation and a $1,311,810,127 market capitalization.
The NEAR Protocol’s cost has increased by 2.58% over the last day. NEAR Protocol has increased by 22.76% over the past 7 days in steady growth. Investors in NEAR Protocol are ecstatic with this growth and their return on their investment this last week.
NEAR’s price declined by 7.11% during the past 30 days, devaluing it by $0.118707 from its prior value of $1.67. Due to the current downward trend, NEAR Protocol is now experiencing a slump. In the past three months, the cost of the NEAR Protocol has decreased by 55.88%, going from $3.52 to $1.96.
NEAR Protocol (NEAR) Price Predictions
Our machine-based algorithms examine a variety of technical indicators, including the relative strength index (RSI), moving average (MA), Bollinger bands, moving average convergence divergence (MACD), and true average range (ATR), to produce our NEAR Protocol market forecasts (BB).
| YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
| 2023 | $1.86 | $2.33 | $2.79 |
| 2024 | $3.41 | $3.88 | $4.34 |
| 2025 | $4.96 | $5.43 | $5.89 |
| 2026 | $6.51 | $6.98 | $7.44 |
| 2027 | $8.06 | $8.53 | $9.00 |
| 2028 | $9.62 | $10.08 | $10.55 |
| 2029 | $11.17 | $11.63 | $12.10 |
| 2030 | $12.72 | $13.18 | $13.65 |
| 2031 | $14.27 | $14.73 | $15.20 |
| 2032 | $63.96 | $65.73 | $75.62 |
| 2040 | $112.84 | $115.93 | $125.75 |
| 2050 | $251.52 | $253.21 | $263.26 |
NEAR Protocol (NEAR) Price Prediction 2023
We anticipate that NEAR Protocol will reach a maximum price of $2.79 when the market begins to recover as we emerge from the crypto winter. The least anticipated price is $1.86, while the average price is estimated to be $2.33.
NEAR Protocol is anticipated to complete the year at a new all-time high (ATH) of $2.80 before dropping to a minimum price of $1.86 in December 2023. If it gets the backing it requires, NEAR’s average pricing might be approximately $2.33.
NEAR Protocol (NEAR) Price Prediction 2024
Our system predicts that NEAR Protocol can reach a maximum price of $4.34 in 2024 while maintaining an average price of about $3.88 as it continues to hit new highs. In the event of a bear market, NEAR’s lowest possible price in 2024 is $3.41.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $4.35 before dropping to a minimum price of $3.42 in December 2024. If it gets the backing it requires, NEAR’s average pricing might be approximately $3.89.
NEAR Protocol (NEAR) Price Prediction 2025
We anticipate that NEAR Protocol will develop significantly in 2025 as cryptocurrency becomes more popular across various industries. As a result, the price might go up to $5.89, with an average of $5.43. The minimum cost for NEAR Protocol might be $4.96.
NEAR Protocol is anticipated to complete the year at a new all-time high (ATH) of $5.91 before dropping to a minimum price of $4.98 in December 2025. If it gets the backing it requires, NEAR’s average pricing might be approximately $5.44.
NEAR Protocol (NEAR) Price Forecast 2026
NEAR Protocol might achieve a maximum price of $7.44 with an average price of $6.98 in 2026 if the crypto market’s capital expands. If a sell-off occurs, $6.51 is the lowest price we anticipate.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $7.46 before dropping to a minimum price of $6.53 in December 2026. NEAR’s average pricing might be approximately $7, assuming it gets the backing it requires.
NEAR Protocol (NEAR) Price Prediction 2027
NEAR Protocol can declare the highest price of $9.00 by 2027, with an average price of $8.53 predicted due to the adoption of NEAR by nations worldwide. Additionally, $8.06 might be the minimum price for the same year.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $9.02 before dropping to a minimum price of $8.09 in December 2027. If it gets the backing it requires, NEAR’s average cost might be roughly $8.55.
NEAR Protocol (NEAR) Price Prediction 2028
The use of the NEAR Protocol will increase in 2028 as regulators acknowledge that cryptocurrencies are here to stay. By 2028, investors may expect NEAR to trade at a high price of $10.55 and a lowest price of $9.62. The anticipated average price for 2028 is $10.08.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $10.57 before dropping to a minimum price of $9.64 in December 2028. If it gets the backing it requires, NEAR’s average pricing might be about $10.10.
NEAR Protocol (NEAR) Price Prediction 2029
Due to the rise over the last five years, 2029 will see another significant bull, which may cause NEAR Protocol investors to see NEAR reach a high price of $12.10 before averaging $11.63. Our technical analysis has determined that the minimum price is $11.17.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $12.12 before dropping to a minimum price of $11.19 in December 2029. If NEAR gets the assistance it requires, its average cost may be about $11.66.
NEAR Protocol Price Forecast 2030
Based on the current market attitude, NEAR is anticipated to continue its upward trend toward $13.65 in 2030. If this support is not obtained, NEAR Protocol may average around $13.18 and reach a low of $12.72.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $13.68 before dropping to a minimum price of $12.74 in December 2030. If NEAR gets the assistance it requires, its average cost may be about $13.21.
NEAR Protocol (NEAR) Price Prediction 2031
NEAR Protocol will look back on this year with fondness; in 2031, we anticipate NEAR will hit a new ATH of $15.20; the new minimum price of NEAR Protocol maybe $14.27. The worst-case scenario is for NEAR to conclude at $14.73 in 2031.
NEAR Protocol is anticipated to close the year at a new all-time high (ATH) of $15.24 before dropping to a minimum price of $14.31 in December 2031. If it gets the backing it requires, NEAR’s average price might be about $14.77.
NEAR Protocol Price Prediction 2032
Our in-depth technical study of NEAR’s historical price data shows that in 2032, the price of NEAR Protocol is expected to be at a minimum of $63.96. The greatest price for the NEAR Protocol is $75.62, with an average trading value of $65.73 USD.
The NEAR Protocol price is anticipated to drop to a minimum of $63.96 in December 2032. The NEAR price is predicted to range from $65.73 and $75.62 at its highest possible price.
NEAR Protocol Price Prediction 2040
Our in-depth technical analysis of NEAR’s historical pricing data indicates that the price of the Protocol will be about $112.84 at the very least in 2032. With an average trading value of $115.93 in USD, the NEAR Protocol price value may go as high as $125.75.
The lowest predicted price for NEAR Protocol is $110.07 for December 2040. With an average projected price of approximately $111.52, the NEAR price might go as high as $112.58.
NEAR Protocol Price Prediction 2050
In 2050, the price of NEAR Protocol is anticipated to be at a minimum of $251.52 based on our in-depth technical analysis of previous price data for NEAR. With a maximum pricing value of $263.26 and an average trade value of $253.21, the NEAR Protocol may be purchased for this amount.
NEAR Protocol is anticipated to cost $152.36 at its lowest point in December 2040. The NEAR price is predicted to range between $162.52 and $171.62, with $166.73 being the average price.
Is it too late to invest on Near Protocol?
Just on the weekly price chart, a decline from $17.7 to $3.0 was visible in 2023, followed by a significant negative momentum.
The Relative Strength Index (RSI) suggests negative momentum because NEAR is in decline. It was under neutral 50, and the OBV’s downward trend since March indicated consistent selling volume for the behind asset. The signs do not yet indicate that this downward trend will reverse.
The daily chart showed the same thing, leaving little room for bulls to move the market. Between October 2022 and January 2023, on a daily time scale, support levels at $0.61, $0.80, $0.98, and $1.30 were discovered below the $1.72 level.
NEAR may be a fantastic option for anyone looking to broaden their investment portfolio into Layer-1 cryptocurrencies. Nevertheless, NEAR might not be a smart choice for investors searching for cryptocurrencies with the largest return in the shortest amount of time.
Given that scarcity frequently leads to price increases, NEAR Protocol’s value is anticipated to climb further. Please be aware that every investment carries some risk. Before making any decisions, just invest as far as you can and do the most research.
Therefore, before you decide, explore NEAR Protocol thoroughly and gather as much information as possible.
How to Buy NEAR coin on Binance?
If you are a Binance user then this piece of information will surely help you in knowing how to buy NEAR token on Binance. Just follow the steps accordingly to buy NEAR token on Binance:
Step 1
Open your Binance app on your smartphone.
Step 2
Click on the search bar and type ‘NEAR’ and click on your preferred trading pair.
Step 3
A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4
Click on the ‘BUY’ and then select the amount of tokens you want to buy
Step 5
Finally click on ‘Buy NEAR’ button to complete the buying process of NEAR tokens.
How to Sell NEAR coin on Binance?
If you are wondering how to sell NEAR tokens on Binance Just follow these steps and you be able to sell you NEAR tokens easily:
Step 1
Open your Binance app on your smartphone.
Step 2
Click on the search bar and type ‘NEAR’ and click on your preferred trading pair.
Step 3
A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4
Click on the ‘Sell’ and then select the amount of tokens you want to sell.
Step 5
Finally click on ‘Sell NEAR’ button to complete the selling process of NEAR tokens.
Related Topics: PI price predictions
FAQs
Some of the most asked questions on Near Protocol Price predictions are as follows:
What factors affect NEAR’s price?
A variety of factors can affect the price of Near, including market demand, news and events, overall market conditions, and sentiment among investors. Factors specific to the Near network, such as the number of transactions and the overall usage of the network, can also have an impact on its price.
How accurate are Near price predictions?
Price predictions for any cryptocurrency are difficult to make and are often based on a variety of factors such as market trends, news and events, and overall sentiment. However, it’s important to note that no prediction can be 100% accurate, and any price prediction should be considered with a grain of salt.
What are some things to consider when making a Near price prediction?
When making a Near price prediction, it’s important to consider a variety of factors such as market trends, news and events, overall sentiment, and the overall state of the crypto market. Additionally, you should look at the development and adoption of the Near network, as well as any upcoming updates or developments that may impact its price.
Will NEAR replace other Cryptocurrency?
It’s unlikely that Near will replace other cryptocurrencies as the crypto market is diverse and there’s a big variety of coins and tokens, each with their own unique use case and value proposition.
How are NEAR price predictions made?
There are a variety of methods used to make near price predictions. Some analysts use technical analysis, which looks at historical price data and chart patterns to identify potential areas of support and resistance. Others use fundamental analysis, which considers factors such as the overall state of the economy and regulatory environment
Conclusion
The general health of the cryptocurrency market will greatly impact how NEAR Protocol performs in the future. You must be certain that you are employing the appropriate method when investing in NEAR. NEAR exposes worldwide technology and an ever-expanding ecosystem in addition to its adventurous character.
With significant partnerships with other blockchain firms, the project receives a roaring reaction during the ICO sale. The crew behind close Protocol is highly skilled and comes from major tech companies like Google and Microsoft.
The initial motivation for starting the project was to offer a developer-friendly platform enabling everyone to use next-generation Blockchain. Low-end devices such as mobile, wifi, and other devices are the aim of networks using shared decentralized computing networks. The project builds the infrastructure required for dApps to achieve broad adoption.
