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- 1 NEAR Protocol price prediction shows that the price may advance to a high of $10 by 2027.
- 2 NEAR crypto price gained 4.89% in the past 24 hours and currently trades at $1.98.
- 3 The daily chart shows a bullish cross of the EMAs indicating a strong outlook.
NEAR Protocol is a Layer-1 blockchain that allows developers to create and run applications that are powered by a network of computers. It aims to solve some of the challenges that other blockchains face, such as low speed, high cost, and poor usability.
It employs a unique sharding method called Nightshade, which divides the blockchain into several pieces that can handle transactions simultaneously, improving the network’s speed and performance.
It also has a secure and fast consensus algorithm called Doomslug, which guarantees that blocks are confirmed in one second. Furthermore, It is built to be easy to use and develop on, with features such as account names that are easy to read, low fees, and compatibility with other chains.
NEAR Protocol price is on a three-day gaining streak and has added over 10% to its market cap. The price follows an inclining trajectory and reaches the recent swing high and round level of $2.
Moreover, the trend analysis showcases a bullish outlook in the recent sessions. The price has made its way to CMP of $1.97 from a low of $1. The price performance states that the price hovers at $1.97 with a gain of 7.9% in a week and 29.3% in a month.
NEAR Protocol Price Volume Analysis
The volume analysis shows that NEAR had a 24-hour trading volume of $1112.24 Million with a gain of 2.58% as compared to the last day. The live market cap of NEAR is $1.98 Billion and it ranks 36th among all cryptos. The volume-to-market cap ratio is 5.70% indicating very low volatility in the market.
NEAR Protocol Price Prediction 2023
The most optimistic price prediction of the analysts expects the NEAR price may reach a high of $2.39, signifying an upside potential of 21.55% from the CMP. The minimum price that NEAR could reach is $1.64.
NEAR Protocol Price Prediction 2024
As per analysts, the most optimistic target that the NEAR may achieve is $4.06, indicating an upside potential of 105.8% from the CMP. The average analyst price target is $3.12 by the end of 2024. However, the pessimistic view of analysts estimates the price to reach $2.88.
NEAR Protocol Price Prediction 2025
The most optimistic analyst forecast for NEAR Protocol crypto expects the price to reach a high of $6.14 with a potential gain of 207.94% from the CMP. The minimum forecasted price by the end of 2025 is $4.32.
NEAR Protocol Price Prediction 2026
The NEAR price may reach a high of $7.52 if a positive trend prevails for the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $4.90 by 2026.
NEAR Protocol Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts is the price target of $10.44. The minimum price target is $6.55.
NEAR Protocol Price Prediction 2028
On an optimistic note, the NEAR Protocol price may advance to a high of $17.24 in the next five years. The price may reach a minimum of $9.16 by the end of 2028.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
