Ankr Price Prediction 2024, 2025, 2030: Will ANKR Price Go Up Soon?

Over the years, numerous platforms have mushroomed in order to cater to the industry’s needs. And with the web3 foundation, blockchain networks are redefining the true value of a decentralized financial system. In the near future, such platforms could grow vigorously. Notably, ankr is one such platform that brings the movements of DeFi and Web3 together.

ANKR Price had seen spectacular swift moves in the past year. The ecosystem has successfully launched Blockchain API services and enabled enterprises to connect to Web3 safely. With their enterprise-grade node infrastructure to benefit from staking, data analytics, and dApp development. On February 21, ANKR announced a partnership with the global tech giant, Microsoft.

Would like to dive into the ocean of this futuristic technology to yield benefits? The article explains you fundamentals and short-term and long-term price predictions. Are you one of those who are planning to invest money in cryptocurrency? Let’s look at the detailed Ankr price prediction for 2024 and the years to come.

Overview

Cryptocurrency	Ankr
Token	ANKR
Price	$ 0.04612073 8.74%
Market cap	$ 461,207,273.9734
Circulating Supply	10,000,000,000.0000
Trading Volume	$ 47,513,104.1099
All-time high	$0.2252 on 28th March 2021
All-time low	$0.00071 on 13th March 2020
24 High	$ 0.0469
24 Low	$ 0.0419

Ankr Price Prediction March 2024

The ANKR price displayed a neutral trend by trading in a closed range between $0.028 and $0.032 for a period, after which the bulls regained momentum and recorded a jump of 31.39% in valuation before facing rejection at the resistance level of $0.04265. The altcoin then displayed a neutral trend for a while, following which the bulls lost momentum and fell to test its lower support level of $0.032.

After testing its low of $0.032, the bulls regained momentum and recorded a jump of 63.23%, following which the ANKR price traded in a consolidated range between $0.04812 and $0.05834 for over a week. As the volatility increased, the bulls lost momentum and since then, the price has been trading under a bearish influence.

The technical indicator, MACD, displays a constant decline in the red histogram, indicating a bullish influence in the crypto market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.

If the market pushes the price above the resistance level of $0.04265, the bulls will regain momentum and prepare to test its upper resistance level of $0.05350 in the upcoming weeks. Conversely, if the bears overpowered the bulls, the price will lose momentum and fall to test its lower support level of $0.03246.

ANKR Price Prediction 2024

The stout hold of the network in the multi-chain ecosystem, with interoperability, neutrality, and decentralization. It might attract a host of adoptions, collaborations, and investments. This could further supplement the user base. As a result of this, the price of the altcoin might claim the $0.0701 mark.

In contrast, emerging rivals and ebbing dominance could slash the price to $0.0489. Conversely, an equilibrium in buying and selling pressures could conclude the year at $0.0595.

Ankr Price Prediction 2024 – 2030

Ankr Price Prediction 2025

The Decentralized internet could disrupt wholesome technology in the coming years. With the hopeful events in line, the future seems to be really lenient for Ankr, and new landmarks are awaited on their way. If the network successfully accomplishes the planned integrations, then the price may clinch a high of $0.0819.

On the contrary, if the platform fails to gain the traction of the user base. And fails to execute the events as per the schedule, then it may get defeated by its competitors. In such a case the price may plummet to a minimum of $0.0566. Successively, an ebbing stance and stiffer competition could settle ANKR’s price at $0.0692.

ANKR Price Prediction 2026

According to our analysts, ANKR coin price prediction for the year 2026 could range between $0.0638 to $0.0936 and the average price of Ankr could be around $0.0787.

ANKR Price Prediction 2027

According to our analysts, Ankr’s price for the year 2027 could range between $0.0799 to $0.112 and the average price of ANKR could be around $0.0959.

ANKR Price Prediction 2028

According to our analysts, ANKR crypto prediction for the year 2028 could range between $0.0951 to $0.128 and the average Ankr coin price could be around $0.1115.

ANKR Price Prediction 2029

According to our analysts, Ankr’s forecast for the year 2029 could range between $0.116 to $0.156 and the average ANKR coin price could be around $0.136.

ANKR Price Prediction 2030

According to our analysts, ANKR predictions for the year 2030 could range between $0.138 to $0.200 and the average Ankr price could be around $0.169. 

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s ANKR Price Prediction

The network might continue to focus on its core principles, whilst attracting a larger crowd. As per the formulated price prediction of CoinPedia.

The price of ANKR might claim a pricier tag of $0.0701 by the end of 2024. Conversely, it could also dip to $0.0489, if it fails to impress investors and hodlers.

Fundamental Analysis

The Ankr platform was founded back in 2017 by Chandler Song and Ryan Fang. Initially, it was launched as a distributed computing network at Berkeley University in California. The primary vision behind finding this platform was to build a decentralized internet that relies on distributed ledger technology (DLT). 

The chief co-founder Chandler Song served as an engineer at Amazon Web Services and presently he is the CEO of Ankr Network. Another co-founder, Ryan Fang accumulated knowledge as an investment banker at Morgan Stanley. 

Chandler Song presented Ryan Fang to blockchain and Bitcoin back in 2014, where he convinced him to buy about 22 BTC together. Howbeit, during 2017 profits of those Bitcoins helped to seed that funded their Ankr product.  As a whole, their team consists of dedicated traders passionate about disruptive technologies spread across 16 countries. 

Recently, the Ankr network has allocated a $10 million grant to power innovative Web 3.0 projects. Further, the team is confident of their project, as it achieves faster, and smarter and enables access to the blockchain by using the token.

What Is Ankr? 

Ankr is a multi-chain platform built on Ethereum that enables tranquil and affordable blockchain node hosting solutions. The protocol intends to combine staking and DeFi to make developing and earning simple. It brings two movements simultaneously: Decentralized finance and Web3. 

DeFi movement sets up the structured financial system for Web3, while Web3 movement includes dApps, smart contracts, and protocols. By connecting them together, Ankr strengthens the crypto economy. In order to power the bridge, the ecosystem utilizes computing power backed by DLT to source data. They are interlinked to developers and stakers via data centers at affordable fees. 

Thereby, users could easily build and deploy decentralized applications and stake their balance to earn profits. The network has its own native token known as ANKR. It could be utilized to take part in on-chain governance and to pay for services such as API services and node deployment. Further, the token benefits the holders by acting as insurance. Besides, ERC-20 Ankr tokens could be deposited in any wallet that powers Ethereum.

Ankr Historic Market Sentiments 2020 – 2022

• Although the Ankr protocol had managed to attain significant milestones. The price failed to capture the momentum, it hovered around the range-bound scale between $0.007 to $0.014 throughout the year. 
• After a prolonged consolidation of around $0.009374, the asset managed to break at $0.0099 on the 15th of January. 
• However, a formidable rise in bets sailed the price momentum to an ATH of $0.2252 in March. 
• Owing to the heavy Chinese market crash on May 19th, the ANKR price has undergone a steep fall plummeting to $0.05537. 
• The ANKR price made two consecutive leg-ups in the 4th quarter. In its very first leg up, the protocol surged by more than 100% from $0.05911 to $0.1239. 
• In the second leg up, the Ankr price soared by another 100% reaching $0.1746. In the meantime, a market crash that happened on 4th December plummeted the price to $0.1142.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

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