ARPA Network (formerly known as ARPA Chain) is a decentralized secure computation network aimed to improve the security and privacy of blockchains. It is a layer-2 scaling solution that utilizes Secure Multi-Party Computation (SMPC) to enable high-security, cryptographically verified data exchange between several parties. This computing network allows for privacy-preserving smart contracts, data storage, and scalable off-chain transactions.
The ARPA Network’s native token is ARPA, an ERC-20 token that can be used to pay for data and computation. ARPA holders have voting rights in the governance of the ARPA Network. This token has exhibited high volatility since its launch. In the last months, the ARPA price has steadily increased. What can we expect from this token as an investment? Will the ARPA price continue to expand? Let us discuss it in the following ARPA price prediction for the next few years.
ARPA Token Summary
As of February 16, 2024, ARPA was the 443rd most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes other relevant data for the same date.
ARPA Token Price History
According to CoinMarketCap, ARPA hit the trading market on July 15, 2019, at $0.0465. Soon after launching, the ARPA price dropped and fluctuated widely throughout the rest of 2019, ending that year at about $0.009. ARPA’s high volatility continued in 2020, with this token reaching nearly $0.05 on August 14 of that year. However, the ARPA dropped to about $0.03 by the end of 2020.
Everything improved for ARPA in 2021. In early March of that year, ARPA entered a bullish trend that took its price to nearly $0.13 on April 10. This token could not maintain that price for long and traded at approximately $0.03 on May 23. However, a new bullish trend began in August of that year. The ARPA price surpassed $0.09 on September 3. In October’s first half, this token’s price skyrocketed, reaching $0.17 on October 19. ARPA set its all-time high on November 3, 2021, at $0.275. After such an impressive run, ARPA closed 2021 at approximately $0.1.
As with many other cryptocurrencies, ARPA lost value in 2022. On January 22 of that year, this token’s price was about $0.05. A few days later, on February 10, ARPA traded at $0.1 again. Despite a few subsequent ups and downs, the ARPA price steadily declined, reaching $.03 on June 20. This token ended 2022 at $0.026. The first months of 2023 were uneventful for ARPA. But the ARPA price spiked in late May that year, reaching $0.1 again on May 26. But that was a short-lived event. This token traded at $0.04 on August 27. A new bullish trend began in November of that year, taking the ARPA price to about $0.06 by the end of 2023.
In 2024, the ARPA price has fluctuated around the $0.06 value without significant deviations. As of February 16, 2024, ARPA traded at around $0.065.
ARPA Network (ARPA) Price Prediction
ARPA Price Prediction for 2024
Price predictions disagree on whether ARPA will exhibit price growth this year. PricePrediction is not optimistic and expects ARPA to trade at an average of $.05. Accordingly, the current ARPA price will drop in the coming months. In contrast, DigitalCoinPrice predicts an average price of $0.12 and a maximum of $0.14. BitcoinWisdom offers a slightly more optimistic scenario, with an average ARPA price of $0.14 and a maximum of $0.16. So, if you invest in ARPA at the current $0.065 per token, your investment could grow by +146%.
ARPA Price Prediction for 2025
The ARPA price will likely expand in 2025. PricePrediction expects this token to trade at an average of $0.07 in 2025, with a maximum of $0.08. DigitalCoinPrice predicts an average price of $0.16 and a maximum of $0.17. BitcoinWisdom forecasts an average ARPA price of $0.20 in 2025, with a potential maximum of $0.22. Hence, your ARPA investment at the current trading price of $0.065 could increase its worth by 238%.
ARPA Price Prediction for 2026
In 2026, ARPA will trade at an average of $0.10 and a maximum of $0.12, according to PricePrediction. In contrast, DigitalCoinPrice predicts an average price of $0.23 and a maximum of $0.24. BitcoinWisdom expects a slightly better scenario, with an average ARPA price of $0.26 and a maximum of $0.28. Therefore, your ARPA investment at the current $0.065 per token could increase its value by +330% by 2026.
ARPA Price Prediction for 2030
In the long run, the ARPA price will likely reach new highs. According to DigitalCoinPrice, ARPA will trade at an average of $0.47 in 2030, with a potential maximum of $0.49. BitcoinWisdom has a similar prediction, with an average price of $0.51 and a maximum of $0.53. PicePrediction is slightly more optimistic, forecasting an average price of $0.53 and a maximum of $0.61. Hence, an ARPA investment at the current trading price of $0.065 could grow by +838% by 2030.
Conclusion
ARPA is a token with a long history of price volatility. As such, it can be a good opportunity for traders to earn money on short-term price fluctuations. As an investment, ARPA could yield fair returns in the long run. If you want to invest in this crypto asset, research it thoroughly first. Remember that price predictions, especially long-term predictions, might need to be revised in a volatile crypto market.
FAQs
Is ARPA a good investment?
ARPA might be a fair long-term investment.
How high can ARPA go?
According to PricePrediction, ARPA could trade at a maximum of $30.5 in 2040 and $42.2 in 2050.
Where can I buy ARPA?
Several crypto exchanges list ARPA for trading, including LetsExchange.io.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.