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Cryptocurrency News Articles

Ankr Network (ANKR) Price Prediction Shows Promise as the Project Expands Its Offerings

May 07, 2025 at 07:45 pm

Ankr Network is a decentralized node infrastructure designed to offer flexible and cost-efficient blockchain connections, primarily catering to Web3 developers

Ankr Network (ANKR) Price Prediction Shows Promise as the Project Expands Its Offerings

Ankr Network is a decentralized node infrastructure offering flexible and cost-efficient blockchain connections, designed for Web3 developers and aiming to democratize global cloud infrastructure access. The network’s native token, Ankr (ANKR), is currently trading at $0.01766, with a market capitalization of $176.75 million.

Ankr price prediction is gaining attention as the project shows steady momentum. The network’s token price has increased by 0.99% over the past 24 hours, and its trading volume has risen by 13.58% to reach $11.96 million.

Ankr: Price Anomalies and Technical Analysis

Ankr is currently trading at 0.01766. While it has dropped by a substantial 91.73% from its all-time high (ATH), it also shows a remarkable rebound—surging 2,397.60% from its all-time low (ATL), highlighting a strong recovery trajectory.

Ankr’s current volatility is relatively neutral at 3.61%, indicating stable price movement with limited fluctuations. Meanwhile, the Relative Strength Index (RSI) sits at 35.26, placing ANKR in a neutral zone—neither overbought nor oversold at the moment.

Ankr Token Latest News

Launch of Neura AI Platform

Ankr has unveiled Neura, a decentralized AI platform designed to provide GPU computing power and decentralized data storage. The ANKR token plays a crucial role within this ecosystem, facilitating payments, staking, and reward mechanisms.

Strategic Collaborations

In a major move, Ankr partnered with Babylon to bring Bitcoin staking to Proof-of-Stake (PoS) networks. This integration taps into Bitcoin’s massive $1 trillion market cap, significantly enhancing cross-chain security and utility.

Expanding Product Suite

Ankr continues to broaden its offerings with the launch of rollups, application-specific blockchains (app chains), and smart contract automation tools. The platform now supports eight major blockchains through Ankr Scan, delivering advanced analytics and developer insights.

ANKR Price Prediction

In the short term, ANKR is projected to trade between $0.0230 and $0.0610, with an average price estimate of $0.0421. Continued growth of the Ankr network and increasing adoption of Web3 technologies could drive the token toward the upper end of this range.

Looking ahead to 2030, ANKR’s price could range from $0.0501 to $0.235, with an average forecast of approximately $0.142. This long-term outlook reflects Ankr’s expanding influence as a key infrastructure provider in the Web3 ecosystem.

Disclaimer:info@kdj.com

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Other articles published on May 11, 2025