NEAR Price Prediction 2024, 2025, 2026, 2030, 2040: Will Near Protocol Reach $100?

Whispers in the wind told us that Near Protocol (NEAR) is gaining significant support and traction from crypto enthusiasts following its eye-popping surge of 255% last year. If these whispers are more than echoes, it's time to dive into NEAR's price potential and see if it's gearing up for a jump!

Our comprehensive research on Near Protocol (NEAR) has led us to present detailed NEAR price predictions for 2024, 2025, 2026, 2030 and 2040 in INR and USD. We've also addressed one of the most searched price targets for NEAR in our "Will Near Protocol reach $100?" section. Thus, rest assured. Our thorough analysis will give you a confident outlook on NEAR's future.

Let's begin!

Near Protocol (NEAR) Quick Overview

NEAR is the native currency of the Near Protocol, a sharded layer-1 protocol known to host dApps. As a blockchain project, it aims to compete with similar blockchains like Ethereum, Polkadot, and EOS by offering increased scalability through a sharding solution called Nightshade ingrained in its PoS blockchain.

Nightshade divides the network into multiple segments to process different transactions simultaneously. This arrangement requires each participating node to store only a portion of the platform's data, easing its workload and boosting scalability while maintaining low network fees.

NEAR Protocol facilitates its interoperability with the Ethereum blockchain through its Rainbow Bridge and a layer-2 solution called Aurora. Anyone can move ERC-20 assets between Ethereum and NEAR using this Rainbow Bridge.

NEAR is the fundamental native asset of this ecosystem. It can be used to pay the fee for processing transactions and storing data on-chain. Its holders also get to run validating nodes and participate in the staking process of the NEAR protocol's proof-of-stake consensus. Furthermore, the NEAR holders also obtain the right to determine the allocation of network resources and the technical direction of the platform for the future receiving rewards for these services in NEAR currency.

NEAR Protocol burns a portion of its collected fees to maintain the circulating supply of NEAR. At launch, the network created 1 billion NEAR and allocated them to its early contributors and adopters. Each NEAR is divisible into small units called yocto. Notably, NEAR has no capped supply.

(as of April 2024)

This quick overview of NEAR will help you better understand the below-mentioned NEAR price predictions for 2024, 2025, 2026, 2030, and 2040 (in INR & USD).

But before that, knowing NEAR's price history is crucial. It will help you understand factors that have impacted NEAR price so far.

Near Protocol Price History

The first chapter in NEAR's price history began with its mainnet going live in April 2020. Five months later, the NEAR token went live at nearly $0.61 in October. NEAR gained a good response after its launch, resulting in its price hitting the $1 mark by December 2020. This surge in NEAR price became parabolic at the beginning of 2021. The bullish market sentiments developed post-halving were the key reasons for this upward trend in NEAR price. NEAR's price doubled in less than a month, hitting the $2.1 mark on January 20 2021. The rising popularity of dApps and the platforms that develop them acted as the catalyst for the boost in NEAR price.

In February, NEAR Protocol announced the launch of its Rainbow Bridge, causing its price to skyrocket exponentially. When it finally launched this bridge to Ethereum in March, NEAR hit an all-time high of $7.3. This surge was over 1100% in only six months after its launch. Soon after this incredible jump, NEAR prices continued to shred in the next quarter. As a result, NEAR lost most of its 2021 gains by January, when its price was trading at $1.76.

Despite being the bull run period for many other cryptocurrencies, mid-2021 was bearish for NEAR. However, then began the best time for NEAR holders when it created six consecutive bullish candlesticks. By September, NEAR recovered its previous price levels and made a new all-time high of $11.48. The hype of dApps and the extremely bullish market sentiments made NEAR jump even higher in the last quarter of 2021. In the previous three months of the year, NEAR price faced strong volatile movements that eventually hit $12.3 by the end of October. This was when many thought it was the ending of NEAR's bullish phase, but the following year came with a surprise.

NEAR began 2022 with a strong pump, which caused it to hit its current all-time high of $20.18 on January 15, 2022. After this exponential surge in days, NEAR went into a correction phase in February. However, it managed to reverse its downward trend again. This time, it only reached the $18 level and began a free fall. By June 2022, it lost most of its gains by dropping to $3.09. The continuous collapses of multiple crypto giants like FTX, Celsius, Terra LUNA and Three Arrow Capital could be the key reason behind this fall, as they broke investors' trust in crypto for the short term. This fall became even more severe in the remaining months of the year when the NEAR price went down to $1.79 levels.

2023 was comparatively less volatile for NEAR Protocol, as its price fluctuated between $1.9 and $2.8. Unlike other cryptocurrencies like SOL, FLOKI, and BTC, NEAR's price movement did not excite its investors. However, things changed for the better at the beginning of 2024.

NEAR has been exhibiting an upward trend since the beginning of 2024. Its price doubled within the initial three months and continues to surge at the time of writing.

Let's discuss the possible upcoming price movements below on Near Protocol price predictions for 2024, 2025, 2026, 2030 and 2040 (INR & USD).

Near Protocol (NEAR) Price Prediction 2024 (INR & USD)

Our Near protocol price prediction for 2024 looks quite bullish due to multiple reasons. Firstly, the recent surge in NEAR's market cap made it flip Polygon (MATIC) in the list. While Polygon has a market cap of $7.22 billion, NEAR Protocol now has a market cap of $7.6 billion.

Another reason for the bullish Near Protocol price prediction for 2024 is the recent launch of the first of its kind, Chain Signatures, by Near co-founder Illia Polosukhin. These Chain Signatures will allow NEAR accounts to sign transactions for any blockchain and support Solana, TON Network, Polkadot and others. Many experts think these Chain Signatures can prove to be a major advancement in the DeFi adoption as they will make it easier for users to utilize and transfer assets on different chains.

The recent Nvidia AI conference further fueled NEAR's profound performance by rekindling investors' interest in it. The annual Nvidia conference was an event that brought tech enthusiasts globally to attention. Its highlight for this year was the anticipated fusion of AI and blockchain, with Near Protocol being at the center of discussion. Its co-founder, Illia Polosukhin, discussed "Transforming AI", leading to widespread anticipation about a possible future partnership with Nvidia. It was because NEAR was one of a few crypto firms at this conference. This anticipation caused the NEAR price to double within a week, causing NEAR to trade at $7.00, the highest ever since May 2022.

Notably, it was not the first time NEAR has hinted about its futuristic plans for AI. Previously, it announced the upcoming launch of Near Tasks, a new product focused on AI. Adding to the bullish sentiments about Near Protocol is the recent social media post by the crypto venture firm DeFiance Capital's CEO Arthur Cheong, stating that the future is NEAR. Those following the project since the beginning must also be aware that the Near platform was initially launched as an AI platform and not a blockchain one.

Considering all these factors, our bullish Near Protocol price prediction for 2024 in USD ranges between $22 and $5, with $16 being the average value.

The same Near Protocol price prediction for 2024 in INR is INR 1833 (maximum, INR 416 (average) and INR 1333 (average).

Near Protocol (NEAR) Price Prediction 2025 (INR & USD)

Since both the focus areas of Near Protocol (DeFi and AI) have bullish long-term outlooks, our NEAR price prediction for 2025 is also highly bullish. Another reason to have bullish hopes for NEAR in 2025 is its position in the current crypto market. It works similarly to popular centralized cloud companies like Amazon Web Services, on which multiple applications are built. However, the centralized nature and control of a single entity of the maintenance and operations of such centralized alternatives expose the applications to multiple privacy threats. In such a scenario, the ability of Near to provide all the benefits of such platforms in a distributed ledger network gives it a good long-term potential.

Moreover, the recently occurred fourth Bitcoin halving can trigger a strong bull run by generating a BTC supply crunch in 2025, mainly due to the launch of spot Bitcoin ETFs in the USA ( in January) and Hong Kong (in April) that might gain huge fund inflows into Bitcoin, boosting its demand. If that occurs, Bitcoin and altcoins can experience huge price pumps as they did in the last bull market in 2023. Since NEAR has also exhibited similar bullish price pumps in the year (2021) next to Bitcoin's halving year (2020), it is likely to repeat the pattern in 2025.

Citing all these factors, our Near Protocol price prediction for 2025 in USD is $35 (maximum), $15 (minimum) and $27 (average).

The same Near Protocol price prediction for 2025 in INR is INR 2900 (maximum), INR 1250 (minimum) and 2250 (average).

Near Protocol Price Prediction 2026 (INR & USD)

The NEAR Protocol price prediction for 2026 can be a bit bearish in the short term. This is due to the chances of it going through a correction phase after experiencing a massive bull run in 2025. Historical evidence suggests that NEAR undergoes a serious market correction after reaching new highs. Moreover, as we mentioned in our Dogwifhat and Vechain price predictions, the wider market sentiments will likely be bearish in 2026.

A possible scenario under which NEAR can maintain its price in 2026 is the anticipation of growth of its AI vertical. Since projects combining AI and blockchain technologies have a vast potential, the upcoming years are likely bullish for them.

Considering all these possibilities, our Near Protocol Price prediction for 2026 in USD is $38 (maximum), $24 (minimum) and $31 (average).

The same Near Protocol price prediction for 2026 in INR is INR2900 (maximum), INR 2000 (minimum), and INR 2580 (average).

Near Protocol Price Prediction 2030 (INR & USD)

Multiple investment managers have highly bullish viewpoints on AI projects in the crypto space. Coins linked to AI have shown significant traction after tech giant Nvidia's interest in machine learning applications. Even the rise of multiple AI crypto projects has outpaced the growth of Bitcoin in the past year, supporting the huge potential lying ahead. The cumulative market value of AI crypto projects jumped from just $2.7 billion last April to $26.4 billion. Since blockchain and AI together have the potential to solve some of the biggest problems in the tech space, like privacy and lack of transparency, the projects working on them appear to have the possibility to make significant upsurges in the upcoming years.

Adopting a similar approach, a prominent Investment manager, VanEck, has predicted that revenue from AI crypto projects could reach $10.2 billion by 2030 in the base case and over $51 billion in the bullish one.

Since NEAR has shown multiple advances in entering the AI space and collaborating with existing tech giants, it will likely benefit hugely from the upcoming AI and Blockchain fusion wave.

Thus, our Near protocol price prediction for 2030 in USD is $53 (maximum), $42 (minimum) and $48 (average).

The same Near Protocol price prediction for 2030 in INR is INR 4410 (maximum), INR 3500 (minimum) and INR 4000 (average).

Near Protocol Price Prediction 2040 (INR & USD)

If NEAR continues to work towards AI and dApp innovations, it will likely emerge as one of the top AI projects by 2040. However, the possibility of new crypto projects taking the top positions by then also exists.

Analyzing these scenarios, our Near Protocol price prediction for 2040 in USD is - $69 (maximum), $55 (minimum) and $62 (average).

This Near Protocol price prediction for 2040 in INR is INR 5700 (maximum), INR 4580 (minimum) and INR 5160 (average).

Below is a compiled table of Near Protocol price predictions for 2024, 2025, 2026, 2030 and 2040 in USD:

The same Near Protocol price prediction in INR for these years is as follows:

NOTE: All INR price predictions in this Near Protocol Price Prediction blog are based on the current USD-INR exchange rates ($1 = INR 83).

Will Near Protocol Reach $100?

Whether the NEAR Protocol will reach $100 depends on multiple factors. The first of them is its upcoming strategies for advancements in AI and dApp space. While NEAR seems to be actively working on its AI launches and collaborations, it has not released anything solid to support its commitment. However, its current move to momentarily flip MATIC and become the 17th largest crypto by market cap shows the rising trust of its investors in the NEAR's future. Another factor to consider is the possibility of a bull run being on the horizon that can propel the NEAR price as it did in 2021. However, it is unclear if it will be enough to surge the NEAR price to $100. Therefore, investors should wait a little longer to understand whether Near Protocol can reach $100.

FAQs

What is the Near Protocol price prediction for 2024?

Based on the calculations of the latest crypto trends, upcoming events, historical performances, and other macroeconomic factors, our Near Protocol price prediction for 2024 in USD ranges between $5 and $22, with $16 being the average price. If you are looking for a NEAR price prediction for 2024 in INR, it is INR 1833 (maximum), INR 416 (average), and INR 1333 (average).

What is the Near Protocol Price prediction for 2025?

Our Near Protocol price prediction for 2025 is bullish, ranging from $15 to $35 and INR 1250 to INR 2900. These optimistic numbers are based on NEAR's recent emphasis on DeFi and AI and its potential to compete with centralized cloud services. The recent Bitcoin halving and the launch of BTC ETFs in the USA and Hong Kong also contribute to this outlook, which might trigger a bull run and grow the demand for altcoins like NEAR.

What is the NEAR price prediction in INR?

Our NEAR price prediction in INR for 2024, 2025, 2026, 2030 and 2040 is as follows:

NEAR Price Prediction INR for 2024: INR 1833 (max), INR 416 (minimum), and INR 1333 (average).

NEAR Price Prediction INR for 2025: INR 2900 (max), INR 1250 (minimum), and INR 2250 (average)

NEAR Price Prediction INR for 2026: INR 3100 (max), INR 2000 (min), and INR 2580 (average).

NEAR Price Prediction INR for 2030: INR 4410 (max), INR 3500 (min), and INR 4000 (average).

NEAR Price Prediction INR for 2040: INR 5700 (max), INR 4580 (min), and INR 5160 (average).

Where can you buy the NEAR coin in India?

Flitpay is the best platform for buying NEAR in India. Here, you can easily buy NEAR, BTC and more than 150+ other cryptocurrencies. It is an FIU-approved cryptocurrency exchange with strong customer support and quick deposits/withdrawals.

How high can NEAR go in 2030?

As per our NEAR price prediction for 2030, NEAR can go as high as $53 and as low as $42, with $48 being the average price level. This price prediction is generated considering the long-term potential of the project.

Disclaimer: The content provided in this NEAR price prediction blog is purely for informational purposes and should not be considered financial advice. Cryptocurrency markets are highly volatile and subject to rapid fluctuations. Any investment or trading decisions based on the information presented here are at your own risk. We recommend conducting thorough research and consulting with a qualified financial advisor before making an investment decision.