Ankr Price Prediction: Can ANKR Coin Reach $1?

March 25, 2024

Price Prediction

Sean Korbett

The Web3 space is vast, and a number of crypto projects try to make this field accessible and the adoption of Web3 easier. Ankr Network (ANKR) is a decentralized computing platform created by cloud computing experts. It allows users to share computing resources, deploy dApps, and earn rewards. Moreover, it’s a protocol that offers a suite of Web3 development kits, data centers, and computing resources, making it easier for anyone to access the infrastructure of various blockchains through a single, decentralized platform. ANKR aims to be a decentralized competitor to services such as Google Cloud or Microsoft Azure. Is it going to make it? Discover Ankr price prediction in StealthEX’s latest article.

Ankr Network Overview

Ankr hopes to facilitate the adoption of Web3, allowing users to access dApps, build nodes on Proof-of-Stake (PoS) blockchains, and stake their PoS coins. The Ankr platform offers a range of blockchain-related services, including node hosting, staking, and data services. The platform aims to provide these services at a fraction of the cost of traditional providers, making it more affordable for developers and businesses to use blockchain technology.

Founded in 2017 by UC Berkeley roommates Chandler Song, Ryan Fang, and Stanley Wu, an ex-Amazon engineer, Ankr began as a vision for a more decentralized internet, where applications, protocols, and systems are more private, secure, and free from central authorities.

ANKR is the native cryptocurrency that powers the Ankr platform and incentivizes users to participate in its network. Originally launched as an ERC-20 token, ANKR has since expanded availability to a long list of blockchain networks. These include BNB Chain, Polygon, Solana, Fantom, and Avalanche. As a rule, the ANKR coin is mainly used to pay for services on the Ankr network. Those services might be a monthly fee to run a node, or to access API data. ANKR can be staked as well, which is where users let the platform use their coins temporarily in return for a financial reward.

ANKR Crypto Features

ANKR offers a number of features within the crypto space. These are:

1. Simplicity. Even for a non-developer, the ANKR protocol makes their service offering clear and easier to understand.
2. Liquid Staking. A common issue in the DeFi space is the loss of liquidity. ANKR solves this by offering staking across multiple chains and providing reward-earning tokens representing your staked funds. These ‘Liquid Staking tokens’ can be traded or used in DeFi for additional earning strategies like liquidity mining, yield farming, lending, and more.
3. Decentralized Node Infrastructure Service. One of the key offerings of ANKR is its decentralized node infrastructure services, which support the development of DeFi platforms, NFT projects, blockchain games, and all kinds of dApps. Offering a range of validator node services with endpoints across the globe, ANKR ensures faster, scalable, and more affordable access to blockchains. 
4. Ankr Scan. Ankr Scan is a blockchain explorer that helps on-chain analysts watch real-time blockchain transactions. Unlike most explorers, which only focus on a single blockchain network, Ankr Scan tracks eight separate chains, including popular networks like Polygon (MATIC) and Avalanche (AVAX), giving analysts a wider vision scope.

ANKR Token Price History Highlights 

• 2019-2020: ANKR first came onto the open market in March 2019, when it was worth about $0.01 and hovered around this price level for the next year.
• 2021: The situation didn’t improve until early 2021, when crypto went through a bull market. On March 28 2021, it reached an all-time high of $0.2252. By the end of the year it was still trading at more than $0.10.
• 2022: The collapse of the Terra (LUNA) blockchain in May saw ANKR coin drop below $0.03 and the FTX (FTT) exchange’s bankruptcy saw it close the year at $0.01535. 
• 2023: 2023 was a year of ups and downs for ANKR. It started well, breaking past $0.05 in February, but has gone downhill since. On September 11 2023, ANKR fell to a low of $0.1703.
• 2024: At the moment, ANKR’s price is around $0.04-0.05.

ANKR Coin Price Chart      

CoinMarketCap, 25 March 2024

ANKR Price Prediction

ANKR Crypto Price Prediction 2024

DigitalCoinPrice experts expect the price of ANKR to go up in 2024. According to their estimations, ANKR coin’s price might go as low as $0.0407 (-9%), while its maximum price can reach $0.0999 (+121%).

PricePrediction analysts think that in 2025 ANKR coin is going to rise in price. According to them, ANKR’s minimum price this year will drop to $0.0548 (+21%), while at its maximum it can reach $0.0664 (+46%).

Telegaon crypto experts think that in 2024 ANKR will drop to $0.034 (-24%) at its lowest point, while at its highest it can reach $0.062 (+37%).

ANKR Price Prediction 2025

Based on the predictions by DigitalCoinPrice, in 2025, ANKR coin will hit $0.12 (+165%) per coin at its highest point. Its lowest price can drop to $0.0975 (+115%).

Based on what PricePrediction claims, in 2025, ANKR crypto can go as high as $0.0928 (+105%) while its lowest price might drop to $0.0773 (+71%).

Telegaon analysts believe that ANKR will continue rising in price: it can drop to a minimum of $0.066 (+46%), while at its highest point it can rise to $0.091 (+101%).

ANKR Price Prediction 2030

DigitalCoinPrice analysts think that by 2030, ANKR coin will go as high as $0.34 (+652%), while its minimum price will drop to $0.31 (+585%).

PricePrediction experts think that in 2030 ANKR Token will increase in price and cost $0.5224 (+1,055%) at its lowest point, while at its peak it might reach $0.6251 (+1,282%).

Telegaon analytics believe that in 2030 ANKR crypto will go beyond the $1 mark: it can reach a maximum of $2.11 (+4,568%) per coin, while at its bottom it can hit $1.41 (+3,019%).

ANKR Cryptocurrency Price Prediction 2040

PricePrediction believes that by 2040, ANKR token will skyrocket: it will cost $27.34 (+60,386%) at its low against $32.79 (+72,444%) per coin at its peak.

Telegaon believes that by 2040 ANKR crypto will cost a whopping $14.45 (+31,869%) per coin at its highest point. It can also drop in price to a minimum of $11.67 (+25,718%).

ANKR Price Prediction: Experts’ Opinions

Many crypto experts believe that ANKR is going to rise in price over the next few years. A number of industry experts predict that 2030 will be a banner year for the whole cryptocurrency market and ANKR in particular. They base their opinions on the ANKR’s network. Today it serves more than 50 blockchains and L2 solutions. So far, more than 25,000 node end-points are online, serving 75,000 developers. What will surely turn your price prediction bullish is that this network has processed more than $1 billion in crypto transactions. With more than $500 million in total locked value, and 200 node operators contributing to decentralization, ANKR will serve to incentivize the creation of a distributed global network of node providers. Websites like CryptoNewsz believe that by 2030, ANKR token is going to reach price levels from $0.24 to $0.26.

ANKR USDT Price Technical Analysis         

Tradingview, March 25

Now that we’ve seen possible price predictions for ANKR, let’s find out a bit more about the factors that can influence its price and its future prospects.

Factors Affecting ANKR Crypto Price

There are several factors that could influence the price of Ankr. First, the general perception of cryptocurrencies in the market might have a big influence on the coin’s price. Ankr’s price can increase if the market is bullish and there is a general favorable attitude towards cryptocurrencies. The coin can also increase in price following any good news or events surrounding Ankr, such as collaborations, technological advancements, or adoption by significant market participants. Moreover, the general market demand for Ankr and its ecosystem-wide utility may be factors.

The price of Ankr tokens may rise if there is a significant increase in demand and usage. Finally, the price of Ankr may be influenced by variables including macroeconomic conditions, regulatory changes, and the general performance of the cryptocurrency market.

When assessing ANKR crypto as an investment, keep the following considerations in mind:

• Project updates
• Market sentiment
• Positive news
• Technological advancements
• Adoption rate
• Market conditions
• Partnerships
• Utility

Risks and Opportunities

Putting money into Ankr’s future has the potential to yield big returns. If Ankr is successful, it has the potential to transform cloud computing and draw in a sizable user base. Ankr tokens can rise in price and reward early investors. 

However, it’s crucial to remember that there are risks associated with investing in cryptocurrencies of any kind. Because of the extreme volatility of the cryptocurrency market, Ankr token values are subject to large fluctuations. Furthermore, a number of variables, including market demand, competition, regulatory changes, and technology breakthroughs, will affect Ankr’s future performance. Before making any investing decisions, investors must carefully consider these risks.

Is ANKR a Good Investment?

As Web 3.0 is becoming more and more important within the crypto space, ANKR could turn into a good investment in the long-term perspective. This project is an important addition to the DeFi field, and it can become a solid option for many investors that don’t mind investments with higher risks.

Is ANKR Going to Rise?

It is highly likely that the price of ANKR will rise with time.

Will ANKR Reach $1?

It can, however, the market and this particular token should considerably grow in size, and this will most likely happen after 2030.

How Much Will ANKR Be in 2024?

According to DigitalCoinPrice, the price of ANKR will fluctuate from $0.0407 to $0.0999.

What Will ANKR Be Worth in 2025?

If we are to believe DigitalCoinPrice, in 2025 ANKR coin will cost $0.12.

Is ANKR Secure?

Yes, Ankr is secure. It’s primarily a piece of software that can communicate with other blockchains, it doesn’t rely on the security of its own blockchain in order to run.

Conclusion

Throughout its history, the price of ANKR has fluctuated significantly, rising from lows of $0.0006 to highs of $0.22. But there were ups and downs along the road due to ANKR’s volatility, so the trip wasn’t without its challenges. The demand from network users, new updates and integrations, as well as movements in the broader cryptocurrency market and economy, have all contributed to the price of ANKR. Its present valuation is determined by how supply and demand are balanced in the markets, and it is subject to regular change. However, with more technological advancements, growing crypto popularity and higher adoption rate, ANKR crypto can make its way into a brighter future.

Where to Buy ANKR Coin?

StealthEX is here to help you buy ANKR crypto if you’re looking for a way to invest in this cryptocurrency. You can buy ANKR privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy ANKR Crypto: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

1. Choose the pair and the amount you want to exchange — for instance, ETH to ANKR. 
2. Press the “Start exchange” button.
3. Provide the recipient address to transfer your crypto to.
4. Process the transaction.
5. Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.