Near Protocol Price Prediction 2022-2026-Will Near Price Hit $25 by the end of 2022?
With the use of Nightshade technology, the Near Protocol blockchain improves transaction output. Nightshade is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain.
What Is Near Protocol (NEAR)?
NEAR is the native token of the Near Protocol. The protocol provides developers with modular components, helping them start projects like token contracts or NFTs more quickly.
It was founded by Erik Trautman, Illia Polosukhin, and Alexander Skidanov. NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput, and poor interoperability.
Near Protocol Price Analysis
Flashback: Fundamental Analysis of Near Protocol
NEAR raised $150 million for projects building on NFTs, DAOs, and gaming. This will be used to accelerate the adoption of Web3 technologies.
Near Protocol entered into a partnership with Elliptic, a blockchain analytics protocol, to enhance the security and on-chain forensics of the NEAR Protocol. This helped to increase the visibility of the NEAR blockchain throughout Elliptic's entire suite of products and services.
Now, let’s see charts in NEAR Price Analysis.
From the Keltner Channel Chart above, we can see that the price of NEAR would soon break out from the middle of the chart. This is because of the bullish candlesticks formed as a result of increased trading volume by over 46% in the past 24 hours.
From the chart above, we can see that the recent bullish trend might continue for some days. This is because of the RSI value of 54.76 for NEAR-which means that the present trend is strong.
Now, let’s see the price prediction of NEAR for the next five years.
Near Protocol (NEAR) Price Prediction 2022
The price range of NEAR is expected to be with the range of $9 and $13 by the end of March. By June, the price might rise to $16. By the end of September and December, the price should be $20 and $25 respectively.
Near Protocol (NEAR) Price Prediction 2023
The price range of NEAR is expected to be with the range of $22 and $35 by the end of March. By June, the price might rise to $47. By the end of September and December, the price should be $50 and $59 respectively.
Near Protocol (NEAR) Price Prediction 2024
The price range of NEAR is expected to be with the range of $69 and $83 by the end of March. By June, the price might rise to $87. By the end of September and December, the price should be $90 and $100 respectively.
Near Protocol (NEAR) Price Prediction 2025
The price range of NEAR is expected to be with the range of $109 and $123 by the end of March. By June, the price might rise to $126. By the end of September and December, the price should be $130 and $145 respectively.
Near Protocol (NEAR) Price Prediction 2026
The price range of NEAR is expected to be with the range of $156 and $166 by the end of March. By June, the price might rise to $178. By the end of September and December, the price should be $190 and $250 respectively.
Near Protocol Price Analysis: Market Sentiments
In this section below, we shall look at what the price prediction of NEAR is from other media platforms.
PricePrediction
According to PricePrediction, the Price of NEAR Protocol will be $12.30 in 2022 and $256.42 by the end of 2030.
DigitalCoin
According to DigitalCoin, the price of NEAR will be $11.93 in 2022 and $40.58 by 2030.
Wallet Investors
According to Wallet Investors, the price of NEAR will be $18.27 by the end of 2022 and $65.94 by February 2027.
Our Near Protocol Price Prediction
With the recent upgrades and seed funds that are raised to attract more developers, the price of NEAR will reach $25 by the end of 2022 and $250 by 2026. More investors are attracted to the Blockchain due to its diversification to other areas like DAO and NFTS.
Conclusion
From the fundamental analysis and the market sentiment around NEAR, we can deduce that all analyses are of the opinion that NEAR would be bullish in the future which will be rewarding for long-term investors.