Near Protocol Undervalued?! Updates & NEAR Price Predictions!
Published: 2024-09-03
Status:
Available
|
Analyzed
Published: 2024-09-03
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
NEAR Protocol has the potential to become the primary interface for all of cryptocurrency.
"near protocol could eventually become the only project that comes to mind when people think about crypto and this is because it could become the front end to all of them"
Pending
Chain signatures on NEAR Protocol will enable users to manage all their cryptocurrencies from one location, irrespective of their blockchain.
"chain signatures will literally make it possible for you to control all your cryptos from a single place regardless of what blockchain they're on"
Pending
The ability to easily manage cryptos from a NEAR Protocol wallet could significantly boost NEAR's price.
"this could be rocket fuel for Nia's price"
Pending
NEAR's AI lab and incubator is the initial phase in their objective to deliver user-owned AI to a broad audience.
"Nia's AI lab and incubator and Ila noted in an accompanying blog post that the new AI initiative was the first step towards Neo's goal of bringing user owned AI to the masses"
Pending
Grayscale has established a trust for NEAR's coin, indicating institutional interest.
"grayscale had created a trust for Neo's coin"
Pending
Grayscale's AI fund includes NEAR Protocol, suggesting its relevance in the AI sector.
"grayscale announce in the launch of an AI fund which of course included near protocol"
Pending
Stateless validation is expected to increase the speed of NEAR Protocol's shards by tenfold.
"stateless validation would in increase the speed of near protocol's shards by 10 times"
Pending
With six shards, NEAR Protocol could potentially process 60,000 transactions per second if stateless validation proves to be 10x faster.
"if this is true then near protocol can process 60,000 transactions per second with six shards"
Pending
NEAR's price could reach $7 or $8 if it breaks above its current descending trend line.
"Nia could rally back up to seven or 8 if it breaks Above This descending trend line"
Pending
The supply and demand dynamics for NEAR are very positive.
"it looks like the supply and demand equation for near is looking incredibly good"
Pending
NEAR's cross-chain functionality is expected to improve its supply-demand balance and drive further demand for its coin.
"it will get even better as it starts to capitalize on its new cross chain functionality and this could create additional demand drivers for the near coin"
Pending
NEAR has a better chance of achieving a 10x return compared to many other large-cap cryptocurrencies.
"it has a higher chance of hitting that than many other large caps and if you want to make the most of Nia's pump or make money when it dumps then be sure to check out the coin Bureau deals page"
Pending
NEAR Protocol's 2024 roadmap, released in January, included key milestones like stateless validation and chain signatures, which have now been achieved.
"NEAR protocol's 2024 road map back in January and it included multiple Milestones such as stateless validation and chain signatures"
Pending
NEAR Protocol is developing a data availability layer to address bottlenecks for layer-2 solutions and enhance its chain signature ecosystem.
"the second pending Milestone relates to their data availability or da layer for those unaware data availability is a key choke point for layer twos on blockchains like ethereum n's da layer seeks to alleviate this bottleneck while making it easier to expand its chain signature ecosystem"
Pending
NEAR aims to achieve compatibility with Ethereum, allowing support by MetaMask, with initial progress made via MetaMask Snaps.
"the fourth Milestone which is making NE compatible with ethereum to the point that its blockchain can be supported by metam Masque like the congestion Milestone the metamask Milestone was technically reached back in January with metamask snaps but involves other technical changes"
Pending
Further research into blockchain sharding is the final milestone on NEAR Protocol's 2024 roadmap.
"the fifth and final Milestone noted in the 2024 road map is additional research into blockchain sharding"
Pending
NEAR Protocol's ultimate goal is to implement dynamic sharding, which will create or destroy shards based on demand, ensuring infinite scalability.
"NE protocol's endgame is to introduce something called Dynamic resharding and this is where shards are created or destroyed based on demand and it ensures infinite scalability"
Pending
NEAR Protocol's development team aims to enhance the scalability of individual shards and increase their total number to 10 by the following year.
"the dev team is focused on increasing the scalability of individual shards and increasing the number of them to 10 by next year"
Pending
Upcoming events like Token 2049 in September and Redacted Conference in November could drive NEAR's price up.
"the first is the token 2049 conference in September in Singapore and the second is the redacted conference in Thailand in November"
Pending
NEAR Protocol's chain signature ecosystem is predicted to be substantial by November.
"it's safe to say that near protocol's chain signature ecosystem will be massive by the time November comes around"
Pending
Despite NEAR Protocol's AI focus, it has not yet launched any viral AI dApps.
"NEAR protocol's focus is AI and it hasn't launched any AI daps that have gone viral at least not yet"
Pending
NEAR Protocol is considered the most undervalued large-cap cryptocurrency available.
"NEAR protocol is the most underrated large cap crypto on the market"
Pending